Ўзбекистон республикaси иқтисодий тaрaқҚиёт

 
PROSPECTS FOR THE DEVELOPMENT OF CORPORATE 
GOVERNANCE. 
 
Khaydarova E.Sh 
–
 Senior lecturer 
of “Management”
 faculty
of the Tashkent institute of Architecture and Civil engineering 
Avganova O. O 
–
 Student 
of “Management” faculty 
 
of the Tashkent institute of Architecture and Civil engineering 
 
Gradually since the early years of independence institutional reforms and large 
state - owned enterprises open type in sectors and industries of the economy as a result 
of corporatization joint stock companies were formed. This recognized world-class 
corporate governance is an effective form Today, it is one of the most developed and 
leading economies in the world. The experience of corporate governance of countries 
proves that to compete and enter world markets, first and foremost, gradual economic 
reform, restructuring and diversification deepening, new enterprise based on high 
technology and ensuring the rapid development of improving the principles of 
international business in our country, the process of denationalization and privatization 
of enterprises, the widespread introduction of corporate governance principles in the 
activities of joint stock companies are strengthening the potential of our national 
economy. The potential of our national economy is being strengthened by the 
improvement of the principles of international business in our country, the process of 
denationalization and privatization of enterprises, the widespread introduction of 
corporate governance principles in the activities of joint stock companies. Today, 
almost all large enterprises in the country have been transformed into joint stock 
companies. The number of companies that have adopted corporate governance 
methods is growing. Enterprises based on foreign capital and foreign methods of 
corporate governance are developing in all directions. They play an important role in 
determining the prospects of our national economy and play an important socio-
economic role in expanding production and creating new jobs production sectors, the 
process of modernization and technical renewal of existing facilities can be done at the 
expense of acceleration. Taking into account the requirements of the modern corporate 
governance system, a new classifier of positions and professions has been developed, 
which includes 566 new categories that meet the requirements of a market economy. 
Based on this classification, the management team was certified. The vacancies are 
filled by qualified young professionals with a thorough knowledge of modern 
management and marketing techniques. 
Scientific and educational center of economic management, corporate 
governance, joint stock companies and business entities for the management of 
training, retraining and training, as well as the establishment of an effective system of 

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business management and corporate governance in the field of fundamental and 
applied research engaged. 
At present, the optimal production system of corporate governance and 
management structures in search of small and large businesses based on various 
combinations of the types leads to the emergence and development. The process of 
redistributing company boundaries through mergers and acquisitions has the potential 
to drastically reduce non-manufacturing costs and increase the sustainability of a 
company’s business operations. The effectiveness of fusing 
the companies is provided 
by the sum of the potential participants. In this case there are certain synergies. Mergers 
form businesses sources of internal growth of a particular company as a form of 
delivery. In addition to the processes and to optimize the distribution of profit for the 
only integrated structures involved. As a result, the trend of modern business 
development of this integrated corporate structures. 
Features of the American system of corporate governance are stock in the United 
States directly related to the characteristics of the property. In particular, America have 
a stronger impact on corporations than other investors the lack of large investors who 
can afford it. The share capital of American corporations is strongly small distributed 
in packages and in the registers of most U.S. corporations any individual who owns 
more than one percent of the total capital or an institutional investor is not listed. As a 
result, a group of shareholders is a member of the board of directors cannot be a 
separate claimant. The second important feature is that most non-private equity is 
institutional investors are concentrated in the hands of pension and mutual 
funds.Economic development in our country which formed the basis of the modern 
intensive economy as a result of reforms the creation of corporate structures and their 
place in the economy related to behavior secondly, in our republic this type of 
structures is used for property management, recognized as an effective form of 
production management and explained by their focus on the formation of a layer of 
owners. Development of today's modern economy and corporate. The main purpose of 
accelerating management-style structures is as follows to draw a number of scientific 
conclusions aimed at solving priority tasks gives you a chance. Finance of national 
corporate governance structures of Uzbekistan Accelerate the development of the 
system, owners of joint stock companies and managers, as well as heads of intersectoral 
regulatory bodies and the broad economy arranging for public discussion effective 
organization of financial management in joint-stock companies analysis of world 
experience in attracting foreign capital through adaptation to the conditions of 
Uzbekistan. Corporate governance of joint stock companies in the country and 
regulators are foreign to the innovative development needs of enterprises it seems that 
investment opportunities are not fully used. In places, foreign investors are great at 
making investment decisions full implementation of corporate governance principles 
that focus on an initiative on the issues of internal corporate construction required for 
is missing, a tool for attracting foreign investment to the national stock market while 
acknowledging the views as the current state of the stock market infrastructure its 
current status makes it less likely to join the global capital market. Development of the 
National Corporate Governance Code of Uzbekistan acceleration, owners and 
managers of joint stock companies, as well between heads of intersectoral regulators 

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and the wider economic community arrange for discussion. Internal corporate 
regulations of corporate governance improvement of mechanisms, development of the 
securities market system, persons who are part of. the management structure of the 
enterprise it is necessary to take into account the increase of responsibility. The 
country's economy to foreign corporate management, corporate governance 
mechanisms, the establishment of holding companies, organizational structures, their 
production technology, production process strategic assets of the shareholders and 
corporate management experience in the organization of a wide range of uses. 
Corporate governance plays an important role in shaping an effective market economy 
based on the rule of law. Lack of understanding or inadequate application of corporate 
governance rules has a negative impact on the investment climate, resulting in the loss 
of investments that ensure sustainable economic growth. At the same time, it is difficult 
to successfully create a competitive environment in which market forces operate.