Employee shareholding: the case of Ukraine
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2004
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Abstract
Previous investigations of corporate ownership in Ukraine, undertaken by researchers, just
analyzed the corporate governance mechanisms in Ukraine and did not try to find out, what the type
of owner is the most efficient in Ukraine, i.e. employees, executives, foreign institutional
shareholders, Ukrainian financial-industrial groups. Moreover, nobody researched the reasons, why
corporate governance mechanisms, that are so popular worldwide, are not still applied in Ukraine
effectively. There are about 35 thousand joint stock companies in Ukraine. No country in the world
has the higher number of joint stock companies. Annually, the state commission on securities and
stock exchanges notes over 12 thousand cases of braking the principles of corporate governance in
Ukraine.
Keywords
shareholders, corporate governance, employees, Ukraine, акціонери, корпоративне управління, працівники, Україна
Citation
Kostyuk, A. N. Employee shareholding: the case of Ukraine [Text] / A. N. Kostyuk // International Corporate Governance. – Issue 5, 2004. - P. 7-9.