SPECIFIC FEATURES OF FORMATION OF RUSSIAN FINANCIAL AND INDUSTRIAL GROUPS
Abstract
Financial and industrial groups in Russia as well as in other countries have got formed through concentration of capitals and production forces; however, Russian corporate structures originated under conditions of quick privatization of state property in the course of the country’s transition
to the market economy. Management system of Russian corporations is governed mainly by numerous legal documents contrary to similar structures in economically developed countries. In Russia, there are many state-owned corporations used by the government to adequately
control the country’s economy, while in developed countries such corporations are used as competition optimization means. State participation in corporations’ activities is a must to support socially important unprofitable productions and services.
About the Author
S. A. Shirokovskikh
Russian Entrepreneurship Academy
Russian Federation
Competitor for scientific degree, Russian Entrepreneurship Academy
Russian Federation
Competitor for scientific degree, Russian Entrepreneurship Academy
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Review
For citations:
Shirokovskikh S. SPECIFIC FEATURES OF FORMATION OF RUSSIAN FINANCIAL AND INDUSTRIAL GROUPS. MIR (Modernization. Innovation. Research). 2011;2(1(5)):111-116. (In Russ.)
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