Impact of the Marine Transport System and Public Administration on the Environmental Protection

Manasbay, Aigul; Beisengaliyev, Berik; Turekulova, Assiya; Kurmankulova, Nurzhamal; Turekulova, Dametken

doi:10.14505//jemt.v12.3(51).05

Cited by 3 publications

(2 citation statements)

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“…One of the critical results of moving to a subject-and professional skills-based approach has been increased trust and satisfaction among stakeholders [14,15]. An improved process for selecting independent directors has reduced the likelihood of conflicts of interest and contributed to more informed management decisions.…”

Section: Resultsmentioning

confidence: 99%

Corporate governance and its role in the transformation of the company

Shukeyev,

Niyazov,

Valiyeva

et al. 2023

E3S Web Conf.

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Corporate governance now plays a vital role in determining the future of companies. One of the leading indicators of the corporate governance system is the Board of Directors. The article describes the working mechanisms of the board in the context of the "Samruk-Kazyna" National Welfare Fund (NWF). Research shows a direct link between board composition and company value. Selecting qualified and competent board members is critical to ensuring effective corporate governance. In addition, the leading role of management also plays the definition of clear goals, deadlines for their implementation, and the use of incentives and punishments for their achievement or failure to achieve them. Particular attention is paid to the mechanism for building corporate economic management in a quasi-state sector through transformation programs. The transformation allowed the Boards of Directors of the Samruk-Kazyna NWF to transform from formal bodies into fundamental strategic institutions. The adopted Corporate Management Code played a crucial role in this process. This article discusses the main features of corporate management, the historical development of corporate management in Kazakhstan, the development process and norms of development management in the Samruk-Kazyna NFW. Our research shows that choosing the right board members and implementing effective incentives and penalties are critical elements of successful corporate governance that promote the sustainable development of companies.

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Section: Resultsmentioning

confidence: 99%

Corporate governance and its role in the transformation of the company

Shukeyev,

Niyazov,

Valiyeva

et al. 2023

E3S Web Conf.

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“…3 The geopolitical situation in the region and new strategic challenges facing companies require active interaction and diversification in the global economy [19]. It means that it is necessary not only to be present on world markets but also to cooperate with the world's largest partners and investors actively.…”

Section: Fig 2 Corporate Management Diagnostics Processmentioning

confidence: 99%

Improving corporative management in state companies: Prospects, distribution of power and collegial decision

Shukeyev,

Niyazov,

Kurmankulova

et al. 2023

E3S Web Conf.

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This article presents a methodology for assessing corporate governance belonging to the quasi-public sector organisations. The article discusses the main prerequisites based on which a new methodology for assessing this type of corporate governance is developed and applied. The object of the study is the National Welfare Fund “Samruk-Kazyna". The analysis of corporate governance is considered from the perspective of an economic approach, within which three essential aspects are highlighted: structure, process and transparency. The work also presents a scale for assessing corporate governance, which allows performing a quantitative assessment of the effectiveness of the management system within the organisation. The study presents the results of applying this method, which demonstrate that most companies in the quasi-public sector have already reached a certain level of development in corporate governance, which became the reason for the search for a new approach to assessing this system. The authors emphasise the importance of defining criteria for improving the effectiveness of corporate governance and identifying the strengths and weaknesses of this system. In this context, corporate governance assessment is based on professional assessments and expert opinions and not simply on the presence of specific business processes. Moreover, this assessment must be agreed with the principles and requirements established by the Corporate Governance Code.

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Methodological approach to assessing the effectiveness of public sector infrastructure management

Chereyeva,

Alashbayeva,

Auyeshova

et al. 2023

E3S Web of Conf.

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The dynamic development of the economies of countries depends on all economic entities of various forms of ownership. In most countries, a significant share is occupied by the public sector, and its effective management affects the state of economic sectors. In Kazakhstan, a large share of the economy belongs to the state, in this regard, the article considers one of the priority sectors – the railway industry. To assess the effectiveness of railway industry infrastructure management, the authors applied an index method, based on the author’s methodology, an integral index for evaluating the effectiveness of railway industry infrastructure management was calculated. This index was applied on the example of the regions of Kazakhstan. As a result of the study, regions with low, medium and high efficiency of infrastructure management were identified. This technique makes it possible to assess how effective the management of infrastructure facilities in the industry is.

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Impact of the Marine Transport System and Public Administration on the Environmental Protection

Cited by 3 publications

References 0 publications

Corporate governance and its role in the transformation of the company

Corporate governance and its role in the transformation of the company

Improving corporative management in state companies: Prospects, distribution of power and collegial decision

Methodological approach to assessing the effectiveness of public sector infrastructure management

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