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The key factors influencing the formation of institutional business environment with relation to the programme-target approach have been examined in the article. Various scientific views on the programme-target management, federal target and regional programs as the most essential tools of social and economic development management of the region (Krasnodar Krai) have been considered. Within the framework of the programme-target approach measures promoting favourable institutional businessdoi:10.5901/mjss.2015.v6n6s4p583 fatcat:u3lx7754fjhxneglfdkytfrogq