Abduvoris Abduforikh ugli Akbarov
Independent Researcher,
Tashkent State University of Economics,
specialty 08.00.13 — Management,
Tashkent, Uzbekistan
ORCID:0009-0000-8218-7259
E-mail:akbarov.a.a99@mail.ru
Abstract. The study develops an integrated organizational and economic mechanism for enhancing corporate governance effectiveness in joint-stock companies. It applies systemic, process-based and institutional approaches, comparative analysis of international principles, and content analysis of official materials from Uzbekistan. A five-block model is proposed, integrating strategic-organizational, economic-incentive, information-digital, risk-control, and monitoring-corrective instruments. The novelty lies in moving from a list of improvement directions to a closed management cycle with assigned responsibility, KPIs and corrective feedback. A functional implementation coefficient, an integral mechanism effectiveness index and a staged implementation algorithm are developed. The model is intended for practical monitoring and continuous improvement of corporate governance at the joint-stock company level.
Keywords: corporate governance, joint-stock company, organizational and economic mechanism, management effectiveness, supervisory board, risk management, KPI.