Irodakhon komilova
Corporate Governance Related Institutions in Indonesia
Download 37.4 Kb.
|
GCG
- Bu sahifa navigatsiya:
- Arbitration Center
- Public Sector Institutions
- International Organizations
- A REVIEW OF CORPORATE GOVERNANCE IN UZBEKISTAN
|
Corporate Governance Related Institutions in Indonesia
Courts
Arbitration Center
Public Sector Institutions
Courts
International Organizations
A REVIEW OF CORPORATE GOVERNANCE IN UZBEKISTAN Entrepreneurs who choose to structure their company as a corporation can draw in significant investment, carry out significant business initiatives, and generate substantial returns. Joint-stock businesses have sprouted up and flourished quickly since Uzbekistan achieved its independence. The country's 148.84 trillion soums worth of shares that have been issued by state-owned businesses. Corporate governance is a distinctive form of government that joint-stock firms introduce. A balance between the interests of individuals participating in the corporation's activities is what this management system seeks to achieve. Another challenging aspect of joint-stock company governance is a complex ownership structure. The ownership structure of these businesses is impacted by the strategies used in Uzbekistan to privatize state-owned businesses. All of the characteristics of a corporation are shared by joint-stock corporations. Joint-stock firms have been swiftly founded and developed since Uzbekistan's independence. Large corporate structures with joint-stock company organizational structures have been created as a result. A few of these businesses are Uzbekenergo, Uzbekyengilsanoat, Uzbekistan Railways, Uzdonmahsulot, Uzavtosanoat, Uzkimyosanoat, Uzbekneftegaz National Holding Company, and Uzvinosanoat-Holding Company, each of which operates in a different economic area. According to The State Enterprise "Central Securities Depository," Republic of Uzbekistan, 2020, the aggregate market value of the shares issued by the 598 joint-stock companies founded on the foundation of state-owned businesses in the nation is 148.84 trillion soums. In 2020, this number will account for around 3% of the country's GDP (World Bank Indicators, 2020). More than 900,000 legal entities and people are now stockholders in joint-stock enterprises. A block of shares with a value equal to the amount of their contribution is given to them in exchange for transferring their capital to a joint-stock corporation. Even if shareholders are not directly involved in running the business, they all benefit from the profits in proportion to their investment. Money, a good or service, or both might be used to communicate this advantage. For instance, shareholders could make money by selling their shares on the secondary market for more money than they originally purchased them for or receive a share (dividend) in proportion to their part of the company's profits. By determining the company's policy, the government, acting as a shareholder, can encourage the development of a certain good or service. Another challenging aspect of joint-stock company governance is a complex ownership structure. COMPARATIVE ANALYSIS OF RECENTLY PUBLISHED WORKS The management and control of the company's operations are heavily influenced by powerful shareholders. Large shareholders also have more business experience than small shareholders because they have been active for a longer period of time. Risks are not completely considered in a society with such a system because profit and economic expansion are prioritized. PRESENTATION OF IMPORTANT RESEARCH RESULTS Since 1994, there has been an increase in the creation of joint-stock firms throughout the nation. Such a technique entails the privatization of publicly owned companies. The process of economic transformation includes direct sales of real estate as well as international investments made through investment auctions, tenders, and auctions. Early on in the development of joint-stock firms, the creation of the charter capital of open-ended joint-stock corporations permitted the selling of shares primarily in the following parties. Download 37.4 Kb. Do'stlaringiz bilan baham: 
|