ANALYSIS OF INTRAGROUP ECONOMIC RELATIONS OF JSC "GAZPROM" AFFILIATE
Vertically integrated holding companies are wildly represented in Russian economy and especially in oil and gas industry. Problems of economic relations and legalization during initial stage of holding companies organization were of main importance. At present problems of efficient functioning of companies itself and their affiliates are of first importance. The article proves incorrectness of holding companies activity evaluation by means of commonly used criteria, such as profit, profitability of holding company capital activity, investments profitability, money flows and capital value. System of indicators providing for holding company activity evaluation with account of functioning efficiency of all interconnected enterprises of the Group should be developed.