The Main Trends in the Development of Corporate Governance Through the Prism of Domestic and Foreign Experience

The prerequisite for studying the topic was that the topic of corporate governance is relevant, especially in our turbulent, unstable times. This is confirmed by the interest shown by authors from various countries. In the literature review subsection, articles on corporate governance by various aut...

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Main Authors: Zh. A. Bekpayeva, N. V. Nikiforova, M. A. Karlik
Format: Article
Language:English
Published: Institute of Economics under the Science Committee of Ministry of Education and Science RK 2022-07-01
Series:Экономика: стратегия и практика
Subjects:
Online Access:https://esp.ieconom.kz/jour/article/view/723
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author Zh. A. Bekpayeva
N. V. Nikiforova
M. A. Karlik
author_facet Zh. A. Bekpayeva
N. V. Nikiforova
M. A. Karlik
author_sort Zh. A. Bekpayeva
collection DOAJ
description The prerequisite for studying the topic was that the topic of corporate governance is relevant, especially in our turbulent, unstable times. This is confirmed by the interest shown by authors from various countries. In the literature review subsection, articles on corporate governance by various authors from the Scopus database were studied. From the point of view of the authors, the activity of any organization depends on many different external and internal factors, such as the competence of management, the qualifications of employees, the availability of financial and labor resources for business development.   Through the application of the methodology and methods of classical science, the goals of writing the article are revealed: the article presents a concise history of the development of corporate governance in the international and domestic markets in a convenient form, identifies the main three theories of corporate governance, and identifies differences in the codes of various countries in tabular form. The article confirms the information that underestimation of the importance of corporate governance can lead to several losses in the company, the impossibility of implementing the strategy, and inefficient use of resources: material, intellectual, labor, and financial. An assessment of the positive impact of the corporate management system as a whole on the company’s efficiency is given. The results of the study can be applied in building a corporate management system for companies, regardless of the form of ownership and the number of employees. The topic of corporate governance is especially relevant in the current realities.
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institution Kabale University
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publisher Institute of Economics under the Science Committee of Ministry of Education and Science RK
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spelling doaj-art-471cc940dec34663b7e9f12b2456626c2025-08-20T03:59:12ZengInstitute of Economics under the Science Committee of Ministry of Education and Science RKЭкономика: стратегия и практика1997-99672663-550X2022-07-0117224625710.51176/1997-9967-2022-2-246-257363The Main Trends in the Development of Corporate Governance Through the Prism of Domestic and Foreign ExperienceZh. A. Bekpayeva0N. V. Nikiforova1M. A. Karlik2Almaty Management UniversityAlmaty Management UniversityInternational Management Institute of Saint PetersburgThe prerequisite for studying the topic was that the topic of corporate governance is relevant, especially in our turbulent, unstable times. This is confirmed by the interest shown by authors from various countries. In the literature review subsection, articles on corporate governance by various authors from the Scopus database were studied. From the point of view of the authors, the activity of any organization depends on many different external and internal factors, such as the competence of management, the qualifications of employees, the availability of financial and labor resources for business development.   Through the application of the methodology and methods of classical science, the goals of writing the article are revealed: the article presents a concise history of the development of corporate governance in the international and domestic markets in a convenient form, identifies the main three theories of corporate governance, and identifies differences in the codes of various countries in tabular form. The article confirms the information that underestimation of the importance of corporate governance can lead to several losses in the company, the impossibility of implementing the strategy, and inefficient use of resources: material, intellectual, labor, and financial. An assessment of the positive impact of the corporate management system as a whole on the company’s efficiency is given. The results of the study can be applied in building a corporate management system for companies, regardless of the form of ownership and the number of employees. The topic of corporate governance is especially relevant in the current realities.https://esp.ieconom.kz/jour/article/view/723сorporate governanceeconomicsindependent directorsstakeholderscorporate governance codecorporate governance systemrisk committee
spellingShingle Zh. A. Bekpayeva
N. V. Nikiforova
M. A. Karlik
The Main Trends in the Development of Corporate Governance Through the Prism of Domestic and Foreign Experience
Экономика: стратегия и практика
сorporate governance
economics
independent directors
stakeholders
corporate governance code
corporate governance system
risk committee
title The Main Trends in the Development of Corporate Governance Through the Prism of Domestic and Foreign Experience
title_full The Main Trends in the Development of Corporate Governance Through the Prism of Domestic and Foreign Experience
title_fullStr The Main Trends in the Development of Corporate Governance Through the Prism of Domestic and Foreign Experience
title_full_unstemmed The Main Trends in the Development of Corporate Governance Through the Prism of Domestic and Foreign Experience
title_short The Main Trends in the Development of Corporate Governance Through the Prism of Domestic and Foreign Experience
title_sort main trends in the development of corporate governance through the prism of domestic and foreign experience
topic сorporate governance
economics
independent directors
stakeholders
corporate governance code
corporate governance system
risk committee
url https://esp.ieconom.kz/jour/article/view/723
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