scholarly journals Successful privatization of state property: factors and their impact on efficiency

2020 ◽  
Vol 89 ◽  
pp. 01002
Author(s):  
Mikhail Khamidulin ◽  
Dilfuza Rakhimova ◽  
Shakhlo Abdullaeva ◽  
Muyassarhon Ganieva ◽  
Bahramjon Mamatov

Successful privatization of state property depends on the investment attractiveness of the objects being sold, as well as the general investment climate of the country and the level of development of the financial infrastructure. In the Republic of Uzbekistan, with the adoption of the Decree of the President of Uzbekistan dated October 27, 2020. № UP- 6096 “On measures to accelerate the reform of enterprises with the participation of the state and the privatization of state assets”, a new stage of privatization of state property began. A significant place in the privatization program is given to the restructuring of state property, improving the efficiency of managing state assets and bringing shares of Uzbek issuers to the world capital markets (IPO). The article examines the degree of influence of an effective corporate governance system and the level of capitalization of the national securities market, contributing to an increase in investment attractiveness and the most effective practical manifestation of the generic advantages of a joint-stock company, ensuring the achievement of the main goal of corporatization - attracting direct investment.

Author(s):  
Шахриёр Солижанович Мухамаджанов

The article presents the improvement of the effective corporate governance system and the mechanism for improving the level of corporate governance. The article emphasizes that any well-known management tools will not have any effect if the stage of development of the joint-stock company and its financial resources are not adequate 


Author(s):  
Firuza Alisherovna Umarova ◽  
◽  
Kamal Saidakbarovich Rizaev ◽  
Nemat Kayumovich Olimov ◽  
Zaynab Enverovna Sidametova ◽  
...  

Analysis of the assortment of sedatives registered in the Republic of Uzbekistan showed that sedatives are represented on the pharmaceutical market of the country by such dosage forms as drops, solutions, tinctures, syrups, medicinal herbal raw materials, capsules and tablets. Considering that sedatives registered in the form of a substance, with the exception of the dry extract of Leoglycyrfl produced by “Uzkimyofarm”, there are practically no names of S.K. Islambekov in the Joint Stock Company. In this regard, we consider it expedient to create a new sedative medicinal product of herbal origin in the form of a substance and obtain dosage forms based on it.


2021 ◽  
pp. 32-42
Author(s):  
О.М. Safronov ◽  

A brief history of the development of high-speed passenger traffic in the countries of the world is shown, it is shown that the length of high-speed highways (SMM) in the world is 44 thousand km. Despite the fact that Ukraine is not included in the list of 28 countries with the SMM, a two-system electric train ECR1 "Tarpan" was created on the basis of the PUBLIC JOINT STOCK COMPANY "KRYUKOVSKY RAILWAY CAR BUILDING WORKS" (PJSC "KVBZ") for the speed of movement of more than 200 km / h. A description of the electric train and the peculiarities of the brake system are given. It is shown that the brake system corresponds to world counterparts for high-speed trains about what evidence test results, which, due to the lack of ATS, were carried out for a speed of 160 km / h. The results of the settlement research, using the mathematical model and the results of the driving brake tests, showed that the braking pathway of the electric train at a speed of 200 km / h is 1539 m, and at a speed of 300 km / h - 3172 m. The obtained brake path values comply with the technical requirements of the European Union TSI . Studies confirm that Ukraine has high-speed rolling stock for speeds up to 300 km / h. Key words: high-speed rolling stock, electric train, brake system, brake path, speed


Author(s):  
Nataliia Sytnyk ◽  
Veronika Ishchenko

In modern conditions of functioning of the market economy, in the era of development of globalization and globalization processes, the prevalence of international relations, the spread of various forms of international capital movement, in particular foreign direct investment, an important place is occupied by investment activities and policies implemented by the state within the framework of the latter. It is difficult to overestimate the importance and role of investment, because world experience shows that the effective development of business entities, and therefore the country's economy as a whole, cannot be imagined without making investments. Therefore, the government of almost any country in the world is focused on creating a favorable investment climate. The article defines the theoretical foundations of investment security of the state: the essence of the concept is outlined, the principles on which investment security is based, its place and role in the state's economic security system are justified. Qualitative and quantitative criteria for a comprehensive assessment of the state's investment security are presented. The calculation and analysis of the main indicators – quantitative criteria of investment security: gross accumulation of fixed capital; the degree of accumulation of fixed capital; the ratio of the cost of newly introduced fixed assets to the volume of capital investments is carried out; the ratio of net growth of foreign direct investment to GDP; the size of the Ukrainian economy as a percentage of global GDP. The dynamics of the total volume of foreign direct investment in the Ukrainian economy in the context of world countries is analyzed. The main investor countries that ensure the receipt of the largest volumes of investment flows to the Ukrainian economy are identified. Ukraine's place in the World Bank's “Doing Business” rating over the past ten years has been demonstrated. The positive dynamics regarding Ukraine's place in the World Bank's “Doing Business” rating and the main factors that influenced such positive changes were noted. The investment climate of the state is assessed and possible measures are proposed to improve the mechanism of managing the state's investment security.


Author(s):  
Oldřich Tvrdoň ◽  
Radmila Presová ◽  
Martin Přibyl

The thesis “Economic-legal aspects of business assets definition and its effectiveness analysis” analyses the contribution of business assets in joint-stock company Svornost Těmice. The company operates in the field of agricultural primary production. Focus of plant production still keeps the traditional composition of plants grown. In connection with increasing the quality of effectiveness of the machinery the area of corn-production will be expanded. In animal production, the company specialises on the pig-feeding and milking-cows.The theoretical part includes the opinions of the world economists and managers on the definition of basic concepts related to business assets. These opinions are confronted with those of Czech authors, in order to acquaint students of the Faculty of Business and Economics with them – focusing on students of the Trade Management specialisation.The practical part is focused on analysis of effectiveness of business assets in the selected company. It have confirmed that managers of this business have to improve the intensity of exploitation of the asset base and thus to reach its higher effectiveness. This task is necessary for operation in the intensive-competition environment formed after the entrance into the European Union.


2021 ◽  
Vol 4 (9) ◽  
pp. 53-57
Author(s):  
Voxid Qaytarov ◽  

This scientific article analyzes the issues of creating a corporate control system in commercial banks. were carefully familiarized with the ideas and comments put forward in the course of researchwork on the implementation of corporate control systems. The regulatory framework for organizing corporate control in commercial banks of the Republic of Uzbekistan was also studied.Keywords: corporate control, joint stock company, compliance, corruption, supervisoryboard, general meeting of shareholders, bank management, corporate governance


Author(s):  
Sára Czina ◽  

At the turn of the 20th century, Budapest was famous for its Coffeehouse Culture. One of the most popular Café was the New-York Coffeehouse; today, it is remembered for its literary life. After 20 years of operation, in 1913, new people bought the tenant’s rights and established the first Coffeehouse joint-stock company in Hungary, called New-York coffeehouse Company Limited. This paper aims to analyze the operation of the Company in relation to the stock transfers, analysis of its profitability, and the changes in the transformations in the shares. The main goal was to figure out how the profitability and the stock transfers were connected to the contemporary social and economic circumstances. The years of the World Wars, Revolutions, the Great Depression, and the cultural/social life of the twenties had their deep effects on the life of the Company. The changes were perceptible for the public, too. Many articles were published about the hardships of the Company and the changing atmosphere of the Coffeehouse. These were different; not all of them damaged the interest of the Company Limited equally. Still, the difficulties influenced the stock transfers, profitability, and the everyday life of the Managers and Shareholders. These circumstances are parallel to the changes of the Company.


Author(s):  
S. V. Yurchenko

The article describes the development of the open joint stock company «Belarusian Steel Works» – Management Company of Holding «Belarusian Metallurgical Company» (BMC) in the field of modern approaches and methods in quality management. The efficiency of their implementation at the BSW is evaluated.The activities of BSW in this field in 2019 are given. The result of the participation of BSW in the program of Corporate Social Responsibility (CSR) on the platform EсoVadis is shown.. Examples of application of methods by scientists with a world name and successful businessmen are given.The need described in use and the development of modern management methods at the state level in accordance with the instructions of the President of the Republic of Belarus and the «Complex of measures for 2016–2020 to encourage the introduction in the economy of advanced techniques and modern international systems of quality management in the economy» is shown.


2020 ◽  
pp. 122-134
Author(s):  
Beruniy ALIMOV

This article analyzes the impact of the country's media image on foreign investment flows. Researches show, that the development of any country tensely depends on its reputation in information space. Media coverage of economic reforms and important political changes is the main reason why investors in other states show interest in the country. As a result, it is possible to achieve a multiple increase in the inflow of foreign investments. The investment of foreign investors in the national economy depends not only on the rating of enterprises or on the results of economic activity, but also on the geopolitical location of the country and its domestic and foreign policy. Investors choose the most stable countries to invest capital. That is why all countries around the world are trying to do as much as possible to minimize investment risks. Like all countries in the world, Uzbekistan is making a lot of efforts to improve the attractiveness of the investment climate in the national economy. In particular, in recent years, a special attention has been paid to the investment policy of the Republic. At the same time, mass media in Uzbekistan are trying to spread the information about the great achievements of the country to the world. In this process, modern technologies of national mass media, in particular the Internet and satellite capabilities are being used. However, it would be desirable to increase the effectiveness of the existing information capacity, strengthen mechanisms for enhancing the country's image in the global media space.


2019 ◽  
Vol 31 (1) ◽  
pp. 355-362
Author(s):  
Zorica Siljanovska ◽  
Sreten Miladinovski ◽  
Elena Shalevska

The corporate governance is concerned with both the rules and regulations and institutions that influence the management mode within corporations as well as the manner in which they allocate their resources and returns. The globalization process, especially, the global integration of financial markets, puts pressures on national systems and models of corporate governance to converge i.e. comply with the global trends and developments in the area of corporate governance by opening their economies towards the global markets. This paper analyzes this very issue, or, in other words, the impact of the globalization on corporate governance, with special focus on the Republic of Macedonia. Consequently, it is demonstrated that the Republic of Macedonia is included in the process of globalization, companies are interested in presence and competition on the global market, and therefore building a good corporate governance system is a need, not a choice. Moreover, the Republic of Macedonia has substantially harmonized its regulations pertaining to the corporate governance on the basis of the principles commonly accepted at an international level.


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