The Activity of the State-Owned Enterprises in Ukraine

The article is aimed at researching activities of the State-owned enterprises (SOEs) in Ukraine. For this end, an analysis of financial results of activity of the State-owned enterprises was carried out, along with an analysis and a comparison of groups of the SOEs according to recommendations on th...

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Main Author: Haponiuk Mykola A.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2018-06-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2018-6_0-pages-254_260.pdf
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author Haponiuk Mykola A.
author_facet Haponiuk Mykola A.
author_sort Haponiuk Mykola A.
collection DOAJ
description The article is aimed at researching activities of the State-owned enterprises (SOEs) in Ukraine. For this end, an analysis of financial results of activity of the State-owned enterprises was carried out, along with an analysis and a comparison of groups of the SOEs according to recommendations on their future status within the framework of strategy of the Ministry of Economic Development and Trade of Ukraine. It is determined that more than a third of the State-owned enterprises recommended to shutdown are dominated by small-assets companies with the close to zero financial results. About a quarter of companies, among which relatively small enterprises are dominating, are subject to privatization. The exception is the State-owned banks, which are the largest actors in the financial market of the country. Almost all major State-owned enterprises are planned to be left in the public ownership. The financial result may not be the only criterion for whether a company be left in the public ownership. It is necessary to pay attention to whether the activity of a company has a social effect which is impossible or very difficult to achieve within the limits of private property. Research on this issue together with development of relevant recommendations are the topic of further study.
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spelling doaj.art-3261d71587904e27a9239e97cf6a0d502022-12-21T19:37:21ZengResearch Centre of Industrial Problems of Development of NAS of UkraineBìznes Inform2222-44592311-116X2018-06-016485254260The Activity of the State-Owned Enterprises in UkraineHaponiuk Mykola A.0Candidate of Sciences (Economics), Professor, Head of the Department, Department of Financial Markets, Kyiv National Economic University named after V. Hetman The article is aimed at researching activities of the State-owned enterprises (SOEs) in Ukraine. For this end, an analysis of financial results of activity of the State-owned enterprises was carried out, along with an analysis and a comparison of groups of the SOEs according to recommendations on their future status within the framework of strategy of the Ministry of Economic Development and Trade of Ukraine. It is determined that more than a third of the State-owned enterprises recommended to shutdown are dominated by small-assets companies with the close to zero financial results. About a quarter of companies, among which relatively small enterprises are dominating, are subject to privatization. The exception is the State-owned banks, which are the largest actors in the financial market of the country. Almost all major State-owned enterprises are planned to be left in the public ownership. The financial result may not be the only criterion for whether a company be left in the public ownership. It is necessary to pay attention to whether the activity of a company has a social effect which is impossible or very difficult to achieve within the limits of private property. Research on this issue together with development of relevant recommendations are the topic of further study.http://www.business-inform.net/export_pdf/business-inform-2018-6_0-pages-254_260.pdfthe State-owned enterprisesconcessionprivatizationprofitabilityfinancial result
spellingShingle Haponiuk Mykola A.
The Activity of the State-Owned Enterprises in Ukraine
Bìznes Inform
the State-owned enterprises
concession
privatization
profitability
financial result
title The Activity of the State-Owned Enterprises in Ukraine
title_full The Activity of the State-Owned Enterprises in Ukraine
title_fullStr The Activity of the State-Owned Enterprises in Ukraine
title_full_unstemmed The Activity of the State-Owned Enterprises in Ukraine
title_short The Activity of the State-Owned Enterprises in Ukraine
title_sort activity of the state owned enterprises in ukraine
topic the State-owned enterprises
concession
privatization
profitability
financial result
url http://www.business-inform.net/export_pdf/business-inform-2018-6_0-pages-254_260.pdf
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