Mamtsev G.E. Financial and Legal Aspects of Development of the Institution of State Corporations in Russia and Foreign Countries

Abstract: The present article is devoted to consideration of various aspects of legal status of the state corporations as the special subjects which are representing the participation of state-owned property and finance in the private sector which is providing public interests for development of strategic branches of national economy, and carrying out social, administrative and other socially useful powers and functions. The attention to history of formation and development of this institute in a domestic law and order is paid. Questions of a legal status of so-called state quasicorporations are taken up. The author pays considerable attention to research of practice of application of institute of the state corporations in the foreign states, such as Germany, Great Britain, Japan, Canada, the USA, the People's Republic of China, Saudi Arabia and some other. In the course of research by the author the following methods were applied: logical, analogy method, method of a historical retrospective, comparative and legal method. On the basis of the analysis of the Russian legislation the author specific signs of the state corporations come to light. The conclusion that application of institute of the state corporations in the majority of foreign countries covers wider range of branches and spheres of national economy, than in Russia is drawn. The reasons of insufficiency of legal regulation of financial control of activity of the state corporations and, as a result, difficulties of procedure of attraction of the specified subjects to responsibility for inappropriate use of the huge financial means and property allocated by it are established. Besides, emergence prospects locate in Russia of the new state corporations and the companies or educations similar to them with the dominating participation of the state.

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