Denisov, P. A. Organizational and Legal Structure of Managing State-Owned Corporations

Abstract: Organizational and legal structure of management of a state-owned corporation is borrowed from joint stock companies and the Central Bank of the Russian Federation. This is a three-tier structure consisting of a supervisory board (supreme management body, board of directors at Deposit Insurance Agency); administration (collegial executive body) and a chief executive officer (General Director, President or Chairman). State-owned corporations borrowed names of management bodies and their hierarchy from joint-stock companies. Procedure for formation and nature of authorities of management bodies at state-owned corporations reminds the legal status of corresponding bodies at the Bank of Russia.

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