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International Finance and Accounting

Abstract

Corporate Governance is a concept that will regulate the correctness and effectiveness of the company operations. Currently the world trends are indicating upgraded version of the management – Corporate Governance 3.0, which entails the usage of well-balanced Board of Directors as well as employment of digital technologies in the managing of the companies. This article provides an analysis of the contemporary conditions related to corporate governance in Uzbekistan and provides a list of recommendations to tackle the shortcomings. The setting of the Board of directors using competence based balanced approach, employing tokenization for financial asset emission and use of artificial intelligence in the digitalization of the corporate governance are proposed as possible measures to catalyst the transformation of corporate governance in Uzbekistan.

References

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