THE FORMATION OF AN EFFECTIVE CORPORATE GOVERNANCE MODEL IN THE INNOVATIVE SOCIETY

Abstract

In Ukraine the subjects of innovation activity can exist as independent companies or as groups of companies acting on the basis of the agreement on joint activity, as well as individuals-entrepreneurs. Such companies are purposefully created for the purpose of accumulation of capital and its direction in order to achieve the statutory purposes. Because of that the activity of companies in the field of innovation activity has research interest. The most widespread organizational and legal form among companies in the field of innovation activity, as well as in general, are limited liability companies.

The relevance of the question of composition a special system of corporate governance in small and medium-sized enterprises that carry out innovation activities is conditioned, firstly, by the need for Ukrainian investors to be involved in innovative investment activities and the organization of efficient capital management, and, secondly, in raising the attractiveness of Ukrainian innovation projects for investment , thirdly, the requirements of the current legislation, which is currently undergoing significant changes.