Authors

  • Nodira B. Rakhmatullaeva
    An independent researcher of the Scientific Research Institute of Pedagogical Sciences of Uzbekistan named after Qori Niyozi, Uzbekistan

DOI:

https://doi.org/10.37547/tajiir/Volume06Issue06-03

Keywords:

Corporate governance mechanism management

Abstract

The article reflects on approaches to corporate governance. Also, the organizational and economic mechanism of corporate governance is considered a conceptual model of theoretical-methodological significance, the elements of which are mentioned.

 


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THE AMERICAN JOURNAL OF INTERDISCIPLINARY INNOVATIONS AND RESEARCH (ISSN- 2642-7478)

VOLUME 06 ISSUE06

7

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PUBLISHED DATE: - 11-06-2024
DOI: -

https://doi.org/10.37547/tajiir/Volume06Issue06-03

PAGE NO.: - 7-10

CONCEPTUAL ELEMENTS OF THEORETICAL AND

METHODOLOGICAL SIGNIFICANCE OF THE

ORGANIZATIONAL AND ECONOMIC MECHANISM OF

CORPORATE MANAGEMENT

Nodira B. Rakhmatullaeva

An independent researcher of the Scientific Research Institute of Pedagogical Sciences of
Uzbekistan named after Qori Niyozi, Uzbekistan

INTRODUCTION

During the next two years of large-scale reforms in

our country, the tasks defined in the Strategy of
Actions are being consistently implemented. In

particular, in the field of higher education,
extensive and important changes are being made to

create a system that meets the priority directions
of socio-economic development and the

requirements of international standards. Initiative
participation of higher education institutions in

systematic activities in this direction is required.
The priority goal is to fundamentally improve the

quality of education in higher education
institutions, to ensure their active participation in

comprehensive reforms implemented in the

country.
In the process of socio-economic reforms

implemented in our country, the development of

production, ensuring the economic stability of
organizations and enterprises depends to a large

extent on the quality of training leaders and

specialists who meet the requirements of the time.

Today, modern reforms in the educational system,
socio-economic

development,

and

market

economy are taking deep roots in our country, and

a number of new requirements have arisen in
accordance with the National Personnel Training

Program. The most important of them are: socio-
psychological diagnostics; analysis and regulation

of

interpersonal

relationships,

leadership

relationships in groups; managing the educational

process and social conflicts and stresses; providing
the education system with modern information

technologies; analysis of the needs of pedagogical
staff; professional and social-psychological

adjustment of pedagogical staff and their retraining
and qualification improvement; improvement of

the management system of general secondary
education institutions; a new approach to the

educational system management process; issues of

labor-legal relations in educational institutions. It
promotes not only the problems of management in

RESEARCH ARTICLE

Open Access

Abstract


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the educational system, but also the improvement
of management by school leaders and the

implementation of its methods, as well as the
formation of the ability of leaders of different levels

to anticipate problems in management activities
and positively solve them.
The reforms in the educational system

implemented in our country require changing and

improving the mechanisms of educational system
management, i.e. abandoning the administrative

command methods of management and forming a
management system based on democratic

principles that meets socio-economic, modern
requirements. This is one of the most basic

requirements of today, not only the management
problems, but also the organization and formation

of the management activities of the subjects, first of
all, it determines the tasks of the managers of

various branches of the management system to

determine the guidelines for improving the
management activities, to coordinate them with

the new conditions and to put them into practice.
Based on this, the reforms implemented in the

direction of the development of the educational

system require the use of the most effective,
innovative management methods based on

scientific and technical achievements in the
organization and management of the educational

process on a scientific basis in all educational

institutions, knowledge, skills and competencies in
the direction of management, new personal and

professional qualities. . It is known from
management practice that management activity is

a unique complex process that requires the
manager not only to have a higher education, but

also to have sufficient professional training,
knowledge, skills and abilities in the field of

management, as well as certain experience. One of
the most basic and important functions of leaders

in the process of managing educational institutions
is the decision-making function.
The basis of the management process is the

organization of the educational process on a

scientific basis, which is considered the main task
of any educational institution, and the basis of its

improvement consists of managed object and
managing subject systems. This system consists of

communication between teachers, pedagogic staff
and students (object) and leaders, management

staff (subject), i.e. interaction of team members.
Managerial responsibility is the responsibility of

leaders for the decision, its implementation, their
own actions and activities in order to achieve the

goals set for the educational institution, to organize
the educational process in accordance with

modern requirements and on a scientific basis, to

coordinate the activities of pedagogical staff and to
achieve results that are in the common interest. is

to be felt by. The relevance of management culture
is determined by the emergence of socio-political

situations in the management system and by its
correspondence to social needs.
At this point, achieving effective development of

corporate

management

requires

a

deep

understanding and understanding of its true

nature, research of scientific and theoretical

approaches that allowed it to be formed as a
scientific field. The formation of scientific-

theoretical approaches to corporate management
occurred along with the development of

corporations. There are several approaches to the
theory of corporate governance: on the one hand,

the theory of corporate governance develops along
the evolution of economic theories, on the other

hand, the evolution of theories of corporate
governance is equated with the development of

concepts for solving problems that arise between
the main actors of corporate relations, that is,

shareholders and managers.
Management decision - in the process of

management,

strategic,

tactical,

general,

traditional, operational and other various decisions

are made on various issues, with varying degrees of
essence and content. These are aimed at solving

various issues and problematic situations, and its
development is a creative process in the activities

of leaders.
He also commented on the close relationship

between corporate governance and management
as early as 1984: "If management is how to 'do

business', then 'corporate governance' is how to
ensure that business is done properly." Corporate

governance and management are equally
necessary for all companies." Regarding the


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perspective of corporate management, the famous
representative of strategic management, Peter

Drucker, said: "The 19th century is the century of
entrepreneurship, the 20th century is the century

of management, and the 21st century is the century
of corporate governance." Because: an educated

generation is a guarantee of a great future, an
entrepreneurial people is a guarantee of a

prosperous life, and friendly cooperation is a

guarantee of development.
The organizational-economic mechanism of

corporate management is considered a conceptual

model of theoretical and methodological
importance, which includes the following

elements:
1. Elements of the organizational mechanism of

corporate management:

management structure (indicates which

management entities (i.e. corporate management

bodies) participate in corporate management and
how they interact and influence);
- organizational actions and factors (indicates what

organizational actions and factors should be

implemented by each management entity in the
effective organization of corporate management

and effective decision-making);
2. Elements of the economic mechanism of

corporate management:
- economic methods (shows what economic

methods management subjects can use to ensure

the effective operation of the corporation);
- economic levers (shows what economic levers

management entities can use to influence the

effective operation of the corporation);
- forms of economic influence (indicates what types

of documents economic influence can be exercised
by management entities);
- information supply (indicates what information is

required by management entities to use the

methods, levers and forms of economic influence
on the effective activity of the corporation);
- economic efficiency assessment criteria

(indicates the economic efficiency of the
corporation based on which criteria can be

assessed and determined).
3. Organizational and economic goals of the

corporate governance mechanism:
- organizational goals (goals intended to be

achieved in the organization and implementation

of good corporate governance in the corporation);
- economic goals (goals intended to be achieved in

ensuring sustainable economic growth and

efficient operation of the corporation).
The following features determine the scientific

novelty and practical importance of the developed
organizational economic mechanism of corporate

governance:
- provision of mutual communication and

interdependence of elements of organizational and
economic mechanisms of corporate management

in a single complex;
- systematization of organizational measures and

factors of management and economic methods,

levers and forms of influence on management in a
single set and ensuring the openness of this system;
- as a result of the management of organizational

and economic mechanisms of corporate

management, criteria of economic efficiency
(increase in production volume, increase in profit

(income), size and payment of dividends, increase
in investments, decrease in costs, determination of

the achievement of share value);
- provision of interaction of organizational and

economic mechanisms of corporate management
with corporation goals and final result (effective

conduct and improvement of corporation
activities).
Considering

the

organizational-economic

mechanism of corporate management as a
management system, under this category it is

necessary to understand not only the methods,
levers and forms of management of the corporation

(that is, the economic mechanism of management),

but also the management apparatus (that is, the
organizational mechanism of management). In

addition, people performing the management
function and organizational factors are included

here. This means that the successful resolution of
production and economic tasks in the corporation


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at different levels requires the use of various
methods and levers of management by the

corporate management bodies in order to
coordinate the activities of the corporation. The

organizational

mechanism

of

corporate

governance is aimed at coordinating the activities

of shareholders, management and control bodies,
and other interested parties in the course of the

corporation's activities, while the economic

mechanism of corporate governance aims to
achieve the economic efficiency of the enterprise

by increasing the volume of production,
maximizing profit, and attracting investment. Thus,

the proposed organizational-economic mechanism
of corporate management as a conceptual model of

theoretical and methodological importance, in our
opinion, is capable of creating sufficient conditions

for the effective and competitive economic activity
of the corporation, identifying weak links in the

corporate governance process and optimizing it to
the maximum, as well as the economic

performance of the corporation. allows to improve
the indicators.

CONCLUSION

In conclusion, the above-mentioned examples are

an important contribution to the fulfillment of the

most important tasks set for the further

improvement and comprehensive development of
the higher education system in the future, that is,

the fundamental revision of the meaning of
personnel training, the creation of the necessary

conditions for the training of highly qualified
specialists at the level of international standards..

REFERENCES
1.

Zaynutdinov

Sh.N.,

Rahimova

D.N.

Fundamentals of corporate governance. - T.:

Academy, 2007. - 48 p.

2.

Suyunov D.Kh. Mechanism of corporate

governance:

problems

and

solutions.

Monograph. - T.: Academy, 2006. - 116 p.

3.

Afanaseva D., Gulius N. Issledovaniya

transformatsii

korporativnoy

kultury

universiteta

(Opyt

natsionalnogo

issledovatelskogo

Tomskogo

gosudarstvennogo

universiteta).

Tomsk.

Universitetskoe upravlenie: practice and

analysis, No. 101 (1), 2016.

4.

Bulatova Z.A., Gainullin I.A., Abulkhanova G.A.

Corporate culture in the sphere of education //

Contemporary science and education.

2016.

No. 3.

References

Zaynutdinov Sh.N., Rahimova D.N. Fundamentals of corporate governance. - T.: Academy, 2007. - 48 p.

Suyunov D.Kh. Mechanism of corporate governance: problems and solutions. Monograph. - T.: Academy, 2006. - 116 p.

Afanaseva D., Gulius N. Issledovaniya transformatsii korporativnoy kultury universiteta (Opyt natsionalnogo issledovatelskogo Tomskogo gosudarstvennogo universiteta). Tomsk. Universitetskoe upravlenie: practice and analysis, No. 101 (1), 2016.

Bulatova Z.A., Gainullin I.A., Abulkhanova G.A. Corporate culture in the sphere of education // Contemporary science and education. – 2016. – No. 3.