RESTORATION OF JOINT-STOCK ENTERPRISE IN UKRSSR DURING THE NEW ECONOMIC POLICY
Journal Title: Юридичний науковий електронний журнал - Year 2017, Vol 6, Issue
Abstract
The legal principles of creation and activity of joint-stock companies in the Ukrainian SSR are revealed, as well as their specific features in the context of the new economic policy. The requirements for the constituent documents of joint-stock companies, the powers of the joint stock company management bodies under the civil legislation of the Ukrainian SSR, the peculiarities of their establishment and the limits of property liability of their participants, and some practice of the application of this legislation are considered. It is concluded that the transition of the Ukrainian SSR to the new economic policy opened the way for the restoration of a private entrepreneurial initiative. It is concluded that the creation and operation of the first Soviet economic societies were linked with the aspirations of Soviet power to attract foreign capital to mixed joint-stock companies for rebuilding the Soviet economy. The urgency of this issue is explained by the impossibility of establishing private export-import concessions through the monopoly of foreign trade and the need to establish trade relations with foreign countries. Legislative support for the creation and operation of joint stock companies is considered in the context of the search for radical authorities in Ukraine to restore productive forces through the involvement of foreign state and municipal institutions, private enterprises, joint stock companies, cooperatives and workers’ organizations, was forced to short-term legislative regulation of the creation and activities new business entities. The conclusion is that by allowing the creation and operation of joint stock companies, the Soviet authorities tried to solve several problems at once: firstly, to ensure the possibility of establishing mixed joint stock companies, in which the state bodies should retain the leading role, while retaining a state monopoly on foreign trade, and secondly, to put spontaneous entrepreneurial activity under state control.
Authors and Affiliations
Є. О. Васильєв
Keywords
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