Articles | Open Access | DOI: https://doi.org/10.37547/tajpslc/Volume03Issue12-06

The Role Of Corporate Control In Protection Of The Rights And Interests Of Shareholders

Bekzod Umarov , Senior Lecturer Department Of Business Law, Tashkent State University Of Law, Uzbekistan
Atajanov Khamdambek , Lecturer Department Of Business Law, Tashkent State University Of Law,, Uzbekistan

Abstract

Due to the large-scale reforms implemented in recent years in our country, the command-and-control system of management in the economy has been completely abandoned, and clear and purposeful work is being done to widely introduce the mechanisms of a free market economy. On February 7, 2017, the Decree "On the Actions Strategy for the further development of the Republic of Uzbekistan" was approved as a basic program to ensure the implementation of these reforms . The decree identifies activities in the field of "Priorities for further development and liberalization of the economy" as one of the five main areas. It was noted that one of the main tasks in this direction is the introduction of modern standards and methods of corporate governance, strengthening the role of shareholders in the strategic management of enterprises.

Keywords

Corporate Control, Governance, OECD

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Bekzod Umarov, & Atajanov Khamdambek. (2021). The Role Of Corporate Control In Protection Of The Rights And Interests Of Shareholders. The American Journal of Political Science Law and Criminology, 3(12), 32–41. https://doi.org/10.37547/tajpslc/Volume03Issue12-06