There is still no single unified act at the federal law level regulating relations arising in corporate management of companies with state participation . Specific federal laws for example in energy sphere, contain specific provisions establishing, in particular, requirements for the number and procedure of sale of shares of the state as a shareholder, based on examples from the energy sector. Although many legal regulation problems of companies with state participation have been researched by legal scholars, issues relating to corporate management companies with state participation, forms and procedure of issue of shareholders` binding instructions, including those of the government, remain actual. Corporate management experts give their attention to these problems. The conducted legal research revealed gaps and inconsistencies in legal regulation of corporate management in companies with state participation. Strategic value of many companies with state participation, social goals these companies are to achieve are dictated by the need for both state funding of their businesses and proper control over allocation of these funds. However, there are still no systematized enactments regulating activities of companies with state participation, no unified principles of conducting their activities, no approaches to assessment of companies with state participation activities considering their industry-specific characteristics, including the for proper energy infrastructure components, upgrade, new facilities construction. The issue of the procedure and deadlines for issuing binding instructions of the government as a shareholder for voting by representatives in management bodies of joint-stock companies, responsibility of government representatives as shareholders in management bodies of joint-stock companies. The author proposes options for unification of provisions regulating activities of companies with state participation , ways to clarify the procedure for issue of binding instructions by the state as a shareholder during voting in management bodies, to delineate responsibilities of officials preparing binding instructions and representatives.