Public Companies in the System of Legal Entities Under Russian Law

N. D. Peker Public Companies in the System of Legal Entities under Russian Law The project is aimed at investigation of the new legal entity form – public companies, and its role in the system of legal entities, whether it is able to improve the situation concerning state corporations’ ineffectiveness. The main objectives of the paper are: a) the investigation of the legal entities system and existing classifications: b) the analysis of the legislation concerning public companies and the distinguishing features of its legal status: c) the investigation of the public companies and other institutional-legal forms correlation. Based on this research the following conclusions were made. Firstly, the civil law reform in the contribution relating to the introduction of the new institutional-legal form of a public company has been implemented inconsistently. The state corporations have not been reorganized into public companies, moreover, the legislation prohibits this action. Secondly, while the analysis of the ‘Russian Science Foundation’, the ‘Federal Corporation of the Development of Small and Medium-sized enterprises’ and the ‘Deposit Insurance Agency’ it became clear that so far the legal entity of public law concept had been realized in several institutional-legal forms which serves the same, which is unacceptable. Therefore, the further improvement of the legislation concerning civil law subjects with State participation is necessary. Academic Supervisor: Anna Podmarkova, Candidate of Sciences (PhD), the Senior Lecturer of the Department of Civil Law, Faculty of Law, National Research University ‘The Higher School of Economics’.