LEGAL MEASURES OF PROVIDING FREEDOM OF THE INVESTMENT ACTIVITY
Journal Title: Економічна теорія та право - Year 2015, Vol 4, Issue 23
Abstract
Problem formulation. Freedom of carrying out the investment activity as an abstract opportunity or an ability of investing is a legal prerequisite for possession of subjective rights and obligations. These rights and obligations are obtained by an investor because of corresponding juridical facts within the scope of legal relations. Thus, freedom of the investment activity is the sense of a legal capacity of one or another person. Freedom of carrying out the investment activity is not absolute. It needs application of corresponding legal measures. Analysis of recent research and publications. Economists, such as O. M. Vinnyk, D. V. Zadykhailo, V. K. Mamutov, V. M. Pashkov, O. P. Podtserkovnyi, V. A. Ustymenko, V. S. Shcherbyna, O. V. Shapovalova, etc., pay considerable attention to research of an investment policy and the investment activity. Nevertheless, scientists do not take enough notice of issues related to guaranteeing freedom of the investment activity as a component of freedom of the commercial activity. The paper objective. The article objective is to research legal measures of providing freedom of the investment activity as a factor of investment attractiveness. Paper main body. Effective carrying out the investment activity is possible only under existence of legal support of freedom of choice, which encompasses: 1) investments; 2) an investment activity object; 3) an area of carrying out the investment activity; 4) a legal form of carrying out the investment activity. In addition, it includes freedom of an investment agreement, a right to free usage of incomes, profits, and other money sums legally earned as a result of investing, including money transfers and unobstructed removal of money beyond Ukraine. Normative and legislative support of freedom of the investment activity comprises a complex of normative and legislative acts, which enable to strictly determine the status of a business entity of the investment activity and to indicate legal responsibility and an order of interrelations between participators of the investment activity. Conclusions of the research. A process of making investment decisions consists in the following stages: 1) economic and legal analysis of a position of real investing in the national economy; 2) determination of forms of real investing; 3) evaluation of efficiency of real investment projects within the national economy; 4) providing implementation of certain investment projects and investment programs. Short Abstract for an article Abstract the author researches issues of providing freedom of the investment activity. The article analyzes such institutes of the investment activity as an «investment agreement» and «investment safety». The author focuses on a problem of budgetary investing in the national economy and examines other forms of providing freedom of the investment activity.
Authors and Affiliations
К. В. ХАРКІВСЬКА
Keywords
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