DIGITAL TRANSFORMATION OF CORPORATE GOVERNANCE IN DEVELOPING ECONOMIES (CASE OF UZBEKISTAN
DOI:
https://doi.org/10.55640/Keywords:
digital transformation, corporate governance, developing economies, digital technologies, transparency, efficiency, innovation, cybersecurity, governance modernization, stakeholder engagement.Abstract
This article examines the digital transformation of corporate governance, focusing on opportunities, challenges, and prospects for developing economies, particularly Uzbekistan. The study highlights the increasing role of digital technologies in improving transparency, efficiency, accountability, and sustainability within corporate structures. It evaluates modern digital tools, governance models, and strategic approaches, while considering relevant international practices. The paper discusses the impact of digitalization on organizational performance, stakeholder relations, and regulatory compliance. Special attention is given to key challenges in developing countries, including technological readiness, cybersecurity, legal adaptation, and human capital development. The article also reviews Uzbekistan’s ongoing reforms and digital initiatives. The conclusion emphasizes that digital transformation is a crucial driver of modernization, competitiveness, and long-term corporate stability, requiring policy support and institutional development.
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