ANALYSIS OF THE LEGAL STATUS OF EXECUTIVE AUTHORITIES IN BUSINESS ACTIVITIES, THEIR ROLE AND FUNCTIONS

Abstract

The state regulation of business activity is carried out by a set of authorities, each of which uses its specific methods to ensure the stability and security of business entities. Guaranteeing the financial and economic security of enterprises involves several important aspects, including macroeconomic stability, protection of the state’s economic interests, improvement of public welfare, stimulation of investment and competition, and maintenance of national security. The role of the state today is manifested in the regulation of the market economy through legislative influence, mainly in the area of business activity. The main role in regulating business activity belongs to legal regulation. The article studies the particularities of the concept «legal status». The legal status of executive authorities in business activity is analyzed. The role of executive authorities in business activity is covered. The research findings are summarized.