Effective management allows to maximize results of use and the order of objects of state ownership. Therefore, requirements of effective management of state ownership constantly are in number prime, shown by society to the elected public authorities, and, respectively, find reflection among the prime problems solved by them. In the Russian conditions they have certain specifics and gain, to a certain extent, still bigger value.

 Now the problem of effective management of state ownership is developed not sufficiently. In this regard, there are no mechanisms which would allow to increase effective management of state ownership sufficiently.

Thus, the problem of ensuring effective management of state ownership demands comprehensive study as is one of key problems within a control system of state ownership. Detailed studying of such measures for ensuring effective management of state ownership as optimization of structure of state ownership, improvement of financial and economic indicators, and also introduction of the latest standards of corporate management, including, widely used in the international practice in joint-stock companies with the state participation and the federal state unitary enterprises is also necessary.

Relevance of this problem is caused by need of increase of efficiency of the activity of joint-stock companies with the state participation having considerable impact on state of the economy of the state.

Need of effective management of the state property for open joint stock companies is caused by such reasons as:

• ensuring performance by joint-stock companies with state participation of nation-wide functions (defense, safety, social programs), a problem of preservation of economic security of the country from internal and external threats;
• the increase in the non-tax income of the federal budget creating prerequisites for decrease by the state in taxes on results of activity;
•  production development stimulation, improvement of financial and economic indicators of activity of legal entities, attraction of investments;
• implementation of institutional transformations in economy.

Now the problem of increase of efficiency of an management  state ownership in joint-stock companies is developed not sufficiently. In this regard, there are no the mechanisms of control and regulation of efficiency of activity of joint-stock companies with the state participation considering branch specifics, and also features of activity of these societies.

Thus, effective participation of the state in open joint stock companies is one of the major tasks which face the state in modern conditions of the Russian economy. Therefore, such question as management of  joint-stock companies with the state participation deserves special attention.

Relevance of this problem is caused by need of increase of effective management of state ownership for joint-stock companies.

However to provide effective management of state ownership in open joint stock companies careful and timely control of their activity is necessary.

In a control system of state ownership the mechanism of control represents a form of realization of a feedback mechanism. As a result of accurately organized control feedback between object of management represented by joint-stock companies and the subject of management representing the state and municipal device is carried out. The mechanism of control has to act on all stages, in all subsystems of management of state ownership.

At the moment the problem has an insufficient scientific and practical readiness in spite of the fact that it is a one of key within state regulation.

In scientific literature there are various points of view concerning a control technique which would be the most effective in aspect of management of state ownership.

On the one hand, problems of financial policy of the state can define the purpose of the state financial control in the sphere of management of state ownership as ensuring compliance of the maintenance of the property relations in the sphere of management of state ownership.

In addition, there is a point of view that in relation to management of state ownership of function of control have two main objectives:

• providing objective feedback in a control system of the state financial and material resources of society;
• realization of the rights of citizens and the organizations on receiving reliable information about use of public funds and material resources of society.

Efficiency of functioning of a control system of state ownership in many respects depends on efficiency of operation of mechanisms of control. All this specifies that the key place in a control system of state ownership is allocated for control.