Priority Directions for Further Development of the Economy by Improving Operations with Securities in Joint-Stock Companies

Authors

  • Malikova Ugiloy Abdurasul qizi Assistant-Lecturer of the Department of Accounting, Analysis and Audit,Tashkent State Agrarian University

Keywords:

securities market, joint-stock companies, issue of shares, stock market, investments, corporate governance, liquidity, legal barriers, investor protection

Abstract

The article examines the priority directions of further development of the economy by improving operations with securities in joint-stock companies. The theoretical foundations of the functioning of the securities market, the dynamics of its development, the structure of trading and the participation of joint-stock companies in the issue and turnover of securities are analyzed. Special attention is paid to the problems of low liquidity, legal barriers and protection of investors improving securities transactions, including regulatory reforms, development of financial instruments and digitalization. The prospects for the development of the market and its impact on the country's economy are considered.

References

1. Law of the Republic of Uzbekistan "On the Securities Market" dated 22.07.2008

2. Law of the Republic of Uzbekistan "On Joint-Stock Companies and Protection of Shareholders' Rights" dated 26.04.1996, as amended on 27.09.2008

3. Resolution of the Cabinet of Ministers of the Republic of Uzbekistan "On measures to ensure the effective operation of the Republican Stock Exchange "Tashkent" and the development of the infrastructure of the securities market" dated July 8, 1994 No. 285.

4. Ibodullaev A. A. Development of the Market of Organized Securities in Uzbekistan // Bulletin of Science and Practice. 2021. T. 7. №3. Pp. 236-242.

5. Narziev O. S. Further reform of the legislation regulating the securities market of Uzbekistan // Gospodarka i Innowacje. 2022. T. 22.

6. Makhkamov A. Analysis of the current state of state regulation of the securities market. 2023. №12(115)-2.

7. Nishimura Y., Tsutsui Y. Analysis of the development of the international stock market // Journal of Financial Economics. 2018. T. 45. №4.

8. Sornette D. Digitalization of Stock Markets and the Impact of Algorithmic Trading // Physica A: Statistical Mechanics and its Applications. 2019. T. 271. №3-4.

Published

2025-02-12

How to Cite

Abdurasul qizi, M. U. (2025). Priority Directions for Further Development of the Economy by Improving Operations with Securities in Joint-Stock Companies. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 5(2), 76–83. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/5142

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