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The Formation of Authorized Capital in Economic Organizations

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  • Tatyana A. Skvortsova
  • Yuriy A. Kolesnikov
  • Tatyana A. Mosienko
  • Nikolay G. Romanenko

Abstract

The aim of the study is to investigate the sense and order of formation of authorized capital in economic organizations within the context of modern Russia. Throughout the research conducted, authors analyze the legal nature of authorized capital of economic organizations and the order of authorized capital formation amongst the organizations with limited liability, as well as joint-stock companies in Russia.As a result, authors conclude, that as authorized capital represents a minimal scale of possessions, guaranteeing the interests from agricultural creditors; there is a need for a step-by-step implementation of "hard" authorized capital concept in the Russian legislation, as well as expansion of minimal requirement for authorized capital for Russian limited liability organizations as well as joint-stock companies.On the basis of the research conducted, authors propose recommendation, regarding the improvements of current Russian legislation regarding the order of authorized capital formation within economic organizations.

Suggested Citation

  • Tatyana A. Skvortsova & Yuriy A. Kolesnikov & Tatyana A. Mosienko & Nikolay G. Romanenko, 2017. "The Formation of Authorized Capital in Economic Organizations," European Research Studies Journal, European Research Studies Journal, vol. 0(3B), pages 369-378.
    • Handle: RePEc:ers:journl:v:xx:y:2017:i:3b:p:369-378
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    References listed on IDEAS

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    Cited by:

    1. Tatyana A. Skvortsova & Gennady S. Pratsko & Tatyana A. Mosienko & Yana I. Kurinova & Aelita Y. Ulezko, 2020. "Performance of Credit Obligations by Business Entities during the COVID-19 Pandemic," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(4), pages 613-623.

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