On improvement of legislation on matters of management of economy entities’ activity of public sector of the economy.

Abstract

The article provides a critical review of particular provisions of prospective and current legislation on management of economy entities’ activity of public sector of the economy. Attention is focused on issues emerging in consequence of contradictions in legislation on providing tasks to a vote to State representatives at the general meetings of economic companies.

As a result of the conducted research the following courses of improvement of legislation in this area are grounded:

determination of tasks and courses of State policy on economic entities of public sector of the economy in one of the parts of particular policy document – Fundamentals of State policy in the area of state property management (for the medium term – five years) with its approval by an appropriate Act of Ukraine;

providing clear division of powers between supervisory boards of economic entities of public sector of the economy and other authorities which participate in activity management of such economic entities;

concretizing of provisions on participation in session of supervisory boards of mentioned economic entities of representatives of their labour collectives, as well as representatives of relevant bodies of local self-government;

refinement of provisions on legal status of Internal Audit Service as control authorities over the financial and economic activity of the joint-stock company related to the public sector of the economy;

clarification of the rules on providing by authorized entities of state property management of tasks to a vote to State representatives on general meeting of economic companies with state participation.