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This is a Literature Review study.

September 10, 2025

Problems of the state participation in joint stock and managing

Key Points

The article addresses the legal mechanisms related to state blocks of shares in joint stock companies, revealing emerging complexities.
It emphasizes the growing importance of joint stock companies with indirect state participation, especially amid capital concentration trends.
Attention is directed towards the distinct characteristics of joint stock companies fully owned by the state, clarifying their operational frameworks.
The findings suggest that recent transformations in state participation can significantly influence corporate management and economic structures.

Abstract

The article deals with the current issues of the state participation in joint stock taking into account the latest transformations. First of all the article looks at economic forms and legal mechanisms of managing the state’s blocks of shares and joint stock companies with state participation in general. Special attention is paid to the legal status of joint stock companies with indirect state participation which are becoming more common in connection with the new wave of capital concentration (establishing new state corporations and vertically integrated holding companies). On the other hand, the article analyzes the specific features of joint stock companies with 100% state participation.

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