Year: 2023 | Month: May | Volume 68 | Special Issue

Privatisation of State and Municipal Enterprises: Legal Regulation

Halyna Yanovytska Dmytro Zabzaliuk Anna Yanovytska Oleksandr Skrypniuk Nataliya Оnishchenko
DOI:10.46852/0424-2513.2s.2023.46

Abstract:

The relevance of the subject under study is exceedingly high since this process is one of the main vectors of system-changing transformations in Ukrainian society. Thus, this vector includes the reform of property relations, which occurs through the privatisation of property of state and municipal enterprises. It is privatisation that should contribute to increasing the efficiency of property management, the emergence of a clear motivation for work, accelerating structural adjustment, and development of the country’s economy, improving the investment climate in the state, as well as improving the state property management system. The purpose of this study is to investigate the basic principles of privatisation of state and municipal enterprises, to identify the advantages and disadvantages in the legal regulation of this phenomenon. That is why several scientific and methodological means were used in this study, specifically the systematic and functional approaches, including such general logical methods as analysis and synthesis, the comparative method, deduction, the formal legal method, and the method of scientific literature analysis. The main results obtained in this paper constitute the theoretical and practical foundations of the issue under study. The article covered the general principles and features of state and municipal enterprises and analysed the efficiency of the legal regulation of this process.

Highlights

  • The practical value of this study lies in the fact that its main principles can be applied in future rulemaking activities and used in the educational activities of lawyers. As for promising vectors for future research on this subject, it would be advisable to investigate what risks can arise for the state during privatisation.




© This is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Print This Article Email This Article to Your Friend

Economic Affairs, Quarterly Journal of Economics| In Association with AESSRA

27379880 - Visitors since February 20, 2019