Privatisation of State and Municipal Enterprises: Legal Regulation

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"