Legal aspects of profit making by state-owned enterprises

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Abstract

It is devoted to the features of profit making by state enterprises in the conditions of a modern market economy. In their legal nature, state-owned enterprises are commercial organizations whose purpose is to generate profits. The development of production goes on in dynamics with the development of the market, which cannot but affect the interest of state enterprises to be a full participant in the market. The availability of such public legal structures as state-owned enterprises on the market allows the state to simultaneously profit and realize specific, sometimes unique goals and tasks, such as the implementation of separately subsidized activities, chemical and military productions. It is noted that other subjects of economic and entrepreneurial activity may not always be present in such areas as the manufacture, development, production of certain types of products (cartridges and ammunition, military equipment and weapons, explosive and chemically dangerous products), the disposal of hazardous chemical waste in view of the special importance of defence and state security, that is, in those industries that are necessary for the state. This underlines the interest of state enterprises from a commercial point of view in making a profit.

About the authors

Denis Viktorovich Shepelev

Kutafin Moscow State Law University (MSAL); Financial University under the Government of the Russian Federation

Author for correspondence.
Email: denn0508@yandex.ru

Candidate of JurisprudenceAssociate ProfessorAssociate Professor of the Department of Theory State and Law; Associate Professor of the Department of Legal Regulation of Economic Activity

Russian Federation, 9 Sadovaya-Kudrinskaya St., Moscow 125993, Russian Federation; 49 Leningradskiy Ave., Moscow 125993, Russian Federation

Dina Viktorovna Shepeleva

Financial University under the Government of the Russian Federation

Email: dianasaxara@rambler.ru

Candidate of JurisprudenceAssociate ProfessorAssociate Professor of the Department of Legal Regulation of Economic Activity

Russian Federation, 49 Leningradskiy Ave., Moscow 125993, Russian Federation

References

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  3. Shepeleva D.V. Kazennoe predpriyatie kak sub"ekt finansovogo prava: avtoref. dis. … kand. yurid. nauk [State-owned Enterprise as a Subject of Financial Law. Cand. jurid. sci. diss. abstr.]. Moscow, 2016, 29 p. (In Russian).
  4. Kulikova A.A. Kazennoe predpriyatie v sisteme pravovykh form oposredovannogo osushchestvleniya prava gosudarstvennoy i munitsipal'noy sobstvennosti [The state enterprise in system of legal forms of the mediated implementation of the right of the state-owned and municipal property]. Mir ekonomiki i prava [World of Economics and Law], 2012, no. 5, pp. 54-61. (In Russian).
  5. Shepelev D.V. Problemy realizatsii i zashchity interesov v prave: avtoref. dis. … kand. yurid. nauk [Problems of Realization and Protection of Interests in Law. Cand. jurid. sci. diss. abstr.]. Moscow, 2011, 25 p. (In Russian).

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