Management of the Competitiveness of the Region in the Context of Sustainable Development Based on the Concept of "Evidence-Based Policy"

Turekulova, Dametken; DULAMBAYEVA, Raushan; Мухамбетова, Л. К.; NIYAZOV, Mussa; ABZHAPPAROVA, Aibope; OMAROVA, Ainura

doi:10.14505/jemt.v13.3(59).13

Cited by 6 publications

(2 citation statements)

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“…Corporate governance is about more than just capital structure or ownership structure. A company's organisational and legal form is determined by qualitative characteristics [9]. Some of the most significant indicators of corporate governance include the composition and functions of the Board of Directors, the practice of activity of management and control bodies, the ownership structure and state participation, the degree of information disclosure, its code of corporate conduct and ensuring the rights of shareholders [10].…”

Section: Methods and Methodologymentioning

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: Methods and Methodologymentioning

confidence: 99%

Corporate governance and its role in the transformation of the company

Shukeyev,

Niyazov,

Valiyeva

et al. 2023

E3S Web Conf.

Self Cite

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“…According to [18], when assessing the competitiveness of the region, emphasis should be placed on the study of such parameters as the level of intellectual and human capital, the level of labor migration.…”

Section: Fig 2 Components Of the Assessment Of Complex Socio-economic...mentioning

confidence: 99%

Analysis of the competitiveness of the region based on the utility function

Yekimov,

Brož,

Masenko

et al. 2023

E3S Web Conf.

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Ensuring competitiveness is closely correlated with the quality of goods and services produced in this region. Which, in turn, requires systematic efforts on the part of enterprises and state institutions aimed at improving the quality of everything that is produced in the region. A product or service of high quality attracts more attention of potential consumers. The value of the utility that the buyer receives in case of purchase of this service or product depends on the quality of the product or service. The client pre-predicts the possible result that he can achieve after making a purchase of a service or product. Regional authorities, in order to increase the competitiveness of the region, in our opinion, should pay priority attention to the compliance of producers with technical, sanitary and environmental standards in the production of products in the region.The production of high-quality products, as a rule, is the production of products with a higher added value, and therefore this is a potential supplement to the budget from the readization of this type of product. The sale of high-quality goods can have a favorable impact on the financial and economic indicators of the enterprise, and therefore this enterprise will be more attractive to potential private investors.

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Development of investment Kazakhstan

2023

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Research Objective. To study the investment potential of Kazakhstan and review the main challenges and trends of foreign direct investment development. Research Methodology. The study is classified as desk research; secondary information provided by the National Statistics Bureau of the Republic of Kazakhstan was collected and processed. Comparative methods, the Beri model, quantitative and qualitative methods of analysis were used in the study. Originality of the research. As part of the topical issue of attracting foreign investment in Kazakhstan, the authors conducted an analysis of the country’s investment potential. The authors processed the statistical data of investment activity of Kazakhstan for 2017-2021, determined the level of riskiness of doing business in Kazakhstan according to the Beri model. For a deeper comprehension of the issue, the authors conducted a detailed analysis of the components of the net inflow of foreign direct investment, identifying their shortcomings and consequences for the country’s economy, as well as assessing the current trends. Research results. The research results showed that Kazakhstan’s investment activity, after a certain slowdown in growth related to the country’s economic situation, showed a trend towards a recovery in the attraction of foreign capital in 2021. The Beri Business Environment Index of Kazakhstan indicates a favourable investment climate. However, analysis of the components of foreign investment showed that the level of foreign investors’ income exceeds the net inflow of investment, and the share of accumulated investment is only a quarter of total investment, which negatively affects the balance of payments by increasing the country’s external debt.

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Management of the Competitiveness of the Region in the Context of Sustainable Development Based on the Concept of "Evidence-Based Policy"

Cited by 6 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

Analysis of the competitiveness of the region based on the utility function

Development of investment Kazakhstan

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