Liberalization of of joint-stock companies share capital rules in the context of innovative development of Ukraine

Abstract

The article is devoted to the analysis of norms regarding the capital of joint-stock companies in the context of innovative development of Ukraine. The concept of authorized capital is enshrined in the Law of Ukraine "On Joint Stock Companies". It proves that it is not effective for creating innovative companies and using equity financing. A number of recommendations are given on the liberalization of the norms regarding the capital of joint stock companies.