CORPORATE GOVERNANCE FOCUSED ON INVESTMENT ATTRACTIVENESS

Samariddin Elmirzayev

Professor, Doctor of Science in Economics,

 Department of Capital Market and Financial Technologies,

Tashkent State University of Economics (TSUE)

 E-mail:s.elmirzaev@tsue.uz

ORCID: 0000-0002-4493-6316

Abstract. This study examines the key aspects of implementing ESG standards in joint-stock companies, with a particular focus on corporate governance aimed at enhancing investment attractiveness. The operational performance of two telecommunications companies operating in a highly profitable sector, Kazakhtelecom JSC and Uzbektelecom JSC, is analyzed. The study evaluates the impact of the relationship between ESG standards, corporate governance quality, and financial stability on market capitalization, and draws relevant conclusions based on the findings.

Keywords: corporate governance, ESG standards, shares, dividends, financial stability, market capitalization.

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