State Joint Stock Companies’ Management Mechanisms in Russia: Characteristics and Dispersion of the Functions of the Management and Control Bodies
This research is devoted to the mechanisms of managing joint-stock companies with the participation of the Russian Federation and subjects of the Russian Federation. Federal center and regions of Russia have their own mechanisms of managing companies. In some elements they are similar. There are also distinctive features in various subjects of management of state joint-stock companies. A detailed analysis of the functions performed by the management and control bodies ofjoint stock companies is carried out. The specifics of the distribution of powers in joint stock companies with state participation between the general meeting of shareholders, the board of directors (supervisory board), collegial executive body and general director are considered in this research. The role of the board of directors and the committees formed under it is analyzed in the article. The importance of the creation of committees of boards of directors and the existence of audit commissions for the effective functioning of the management mechanism of state joint-stock companies is substantiated in the research.