LEGAL STATUS, LIABILITY, AND INTERRELATIONS OF COMPANY DIRECTORS AND OTHER EMPLOYEES
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Abstract
This article provides a comprehensive legal and functional analysis of company directors as central figures in corporate governance, focusing on their legal status, responsibilities, ethical obligations, and interaction with other key personnel within the corporate structure. Drawing on both Uzbek national legislation and international frameworks, the study examines the evolving nature of managerial accountability and internal organizational dynamics. Comparative insights are presented through the analysis of relevant academic opinions and regulatory instruments. Recommendations are provided to enhance the effectiveness and transparency of corporate governance mechanisms in Uzbekistan.
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References
1.Civil Code of the Republic of Uzbekistan
2.Law on Limited Liability Companies (Uzbekistan), 2014
3.Companies Act 2006 (United Kingdom)
4.Tricker, B. (2019). Corporate Governance: Principles, Policies, and Practices. Oxford University Press.
5.Stout, L. (2012). The Shareholder Value Myth. Berrett-Koehler Publishers.
6.Mintzberg, H. (1973). The Nature of Managerial Work. Harper & Row.
7.Coffee, J. (2006). Gatekeepers: The Professions and Corporate Governance. Oxford University Press.