ANTI-CORRUPTION DIMENSION OF STATE CORPORATE RIGHTS MANAGEMENT IN UKRAINE IN 2023-2025
Abstract
This article examines the anti-corruption dimension of managing state corporate rights in Ukraine during 2023-2025, a period marked by large-scale institutional reforms and extraordinary wartime constraints. The relevance of the study is driven by the growing role of state-owned enterprises in ensuring economic resilience, fiscal stability and the continuity of critical infrastructure, alongside persistent corruption risks embedded in the governance of state assets. The purpose of the article is to assess the effectiveness of newly introduced governance mechanisms aimed at reducing opportunistic behaviour, strengthening accountability and improving transparency in the management of state corporate rights. The research is based on an institutional and analytical approach that combines elements of comparative analysis, structural-functional analysis and qualitative assessment of governance practices. The study applies methods of systematisation, generalisation and logical interpretation to evaluate regulatory changes, managerial arrangements and control instruments introduced during the reform period. The results of the study indicate that recent reforms have significantly reshaped the institutional framework of state corporate governance by clarifying ownership objectives, strengthening supervisory boards and expanding the use of digital instruments in asset management. At the same time, the findings reveal that corruption risks have not disappeared but have evolved into more complex and less visible forms, requiring advanced financial oversight, internal control and compliance mechanisms. The analysis demonstrates that transparency tools are most effective when combined with professional governance structures and enforceable accountability. The practical value of the article lies in identifying key limitations of current reform efforts and outlining directions for improving the sustainability of anti-corruption mechanisms in the management of state corporate rights. The conclusions may be used by policymakers, public authorities and corporate governance practitioners to enhance decision-making processes, refine regulatory approaches and strengthen institutional capacity in the public sector.
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