Keywords
corporate enterprise
stock market
securities
regulation of issuance activity
How to Cite
Abstract
The article is devoted to substantiation of proposals for improving the process of regulation of emission activities of corporate enterprises at the micro level. It is established that there are three levels of regulation of emission activities on the stock market: international, state and domestic. The international level provides for compliance with international rules and requirements for regulation of emission activities on the stock market, which is based on taking into account foreign experience of such regulation, which has proven its effectiveness at the level of a separate state and is therefore proposed for use in international practice. Internal regulation occurs at the level of an individual corporate enterprise. In this context, it is appropriate to note the lack of unified rules and norms for regulating the emission activity on the stock market at the micro level – the level of an individual corporate enterprise. Therefore, in our opinion, it is advisable to propose a procedure for such regulation, the basis of which should be risk management. The proposed procedure for internal regulation of the emission activity of corporate enterprises allows you to manage the risk of the emission activity of a corporate enterprise and will undoubtedly contribute to improving the process of regulating the emission activity of a corporate enterprise at the micro level – the level of an individual corporate enterprise. The scientific novelty of this article is the justification of the developed procedure for internal regulation of the emission activity of a corporate enterprise based on a risk-based approach. As a direction for further research, it is advisable to note the need to clarify the procedure for quantifying the risks of the emission activity of a corporate enterprise.
References
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