Abstract
The article considers legal aspects of corporate governance in an important sector of the Russian economy - agriculture. The author concentrates his attention on state companies. Today there are much less state agricultural companies then 10 or even 5 years earlier. The most famous are JSC “Rosagroleasing”, JSC “United grain company” and JSC “Head center for reproduction of agricultural animals”. The biggest state agricultural companies are in federal property. Russian regions are owners of agricultural companies too. Every owner (the Russian Federation or Russian regions) establishes its own rules for the functioning of companies. Some regions have special regional laws on governing state companies. Others adopted government resolutions. There is a big difference between legal regulation on corporate governance in state and private agricultural companies in Russia. Sate companies are highly regulated by different kind of legal acts.
Highlights
Agriculture throughout the history of the country has been one of the most important sectors of the Russian economy
The state plays a significant role in the Russian economy
On the one hand the state acts as a regulator, on the other hand it participates in the economy through legal entities the founder and owner of which it is
Summary
Agriculture throughout the history of the country has been one of the most important sectors of the Russian economy. In addition to creating jobs, paying taxes and other payments it provides the population with food. Their quality affects the health of residents. The state plays a significant role in the Russian economy. It is represented in all key industries. On the one hand the state acts as a regulator, on the other hand it participates in the economy through legal entities the founder and owner of which it is. In agriculture there are almost all mentioned organizational and legal forms. We can find a certain number of joint-stock companies. There are no public joint-stock companies with state participation
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