PROSPECTS FOR UZBEK COMPANIES’ ENTRY INTO INTERNATIONAL STOCK EXCHANGES

This article examines the prospects of Uzbek companies entering international stock exchanges in the context of global financial integration. Based on a comprehensive review of international and national academic literature, the study analyzes institutional, financial, banking, legal, and cultural factors influencing market access. The findings indicate that successful international listing requires not only financial readiness but also regulatory compliance, investor trust, and strategic adaptation to global market standards.

125
08.04.2026

GENERALLY RECOGNIZED METHODS FOR RESOLVING CORPORATE DEADLOCKS: AN ACADEMIC ANALYSIS

Corporate deadlock constitutes a serious challenge in business governance, particularly in companies with a limited number of shareholders and in partnerships where equal ownership structures create impasses in decision-making. This article examines internationally recognized methods for resolving corporate deadlock, drawing on academic research and the legal frameworks of various jurisdictions. The study analyzes both contractual mechanisms (including mutual control clauses, buy-sell agreements, and casting vote arrangements) and alternative dispute resolution methods (mediation, arbitration, and hybrid approaches). The research demonstrates that the advance inclusion of deadlock resolution provisions in shareholders’ agreements significantly reduces litigation costs and ensures business continuity. The findings indicate that mutual control mechanisms, when properly designed with due consideration of information asymmetry and financial disparities, offer effective solutions, while mediation and arbitration provide flexible alternatives capable of preserving ongoing business relationships. This article contributes to the corporate governance literature by synthesizing empirical evidence on the effectiveness of deadlock resolution mechanisms and by offering practical recommendations for business owners, legal practitioners, and policymakers.

339
07.01.2026

THE CONCEPT OF INNOVATIVE ACTIVITY AND ITS PLACE IN JOINT-STOCK COMPANIES

This article analyzes the concept of innovation activity and its role within joint-stock companies, highlighting both theoretical foundations and practical mechanisms of effective innovation governance. It substantiates how innovation, under corporate governance frameworks, influences competitiveness, capital efficiency, stakeholder balance, and economic resilience. The study explores Uzbekistan’s reform agenda, the role of state ownership, foreign investment inflows, and the adoption of modern governance practices to enhance innovation capacity. It also emphasizes the strategic function of corporate governance in directing internal resources toward innovation and achieving sustainable outcomes.

527
23.06.2025