The relevance of the study is due to the issues of the successful development of any economic system based on the high dynamism of its links. The purpose of the study is to reveal the features of the processes of regional development at the present stage. The article touches upon the topic of the administrative-territorial division of the Republic of Kazakhstan, gives a comparison by the size of the regions, gives the features of their development. The authors focus on the complex solution of the problems of regional development. As a research task, the authors attempted to assess and systematize the features of regional development in Kazakhstan. Considered and given the characteristics of the socio-economic development of the regions. The taxonomic levels of research and the views of scientists who have made a great contribution to the development of theoretical concepts of regional science are analyzed. The article substantiates the priority and effectiveness of the application of the «smart specialization» model to the development process of the region. The characteristics of the sectors of the economy of the raw material region are determined. The effects of the transition of the raw materials region to innovative development according to the «smart specialization» model are indicated. In general, the generalization of the experience of the development of regions according to the «smart specialization» model allows us to draw certain conclusions and recommendations when implementing the «smart specialization» strategy in the regions of Kazakhstan.

The present study examines the issues of regional development of Kazakhstan in the context of history and real events. The relevance of the study is due to the need to search and adapt the accumulated advanced experience in regional development as a part of smoothing the differentiation of territories in the socio‐economic sphere and the search for effective methods of managing them. The purpose of the study is to search for and identify an effective theoretical model of regional development of the Republic of Kazakhstan that meets the urgent needs for the rational use of the resources available, which is a prerequisite for future economic development, and, as a result, improves the quality of life in the regions. The leading approach in this paper is a combination of analytical and information‐logical methods to determine the existing historical prerequisites and real grounds for the theoretical substantiation of the stages of regional development in Kazakhstan. The results of this study emphasize the need to objectively take into account the peculiarities of the development of the region and its actual state.

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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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