ECONOMIC ESSENCE AND STRUCTURE OF INVESTMENT PROJECTS AND THE THEORETICAL FOUNDATIONS OF JOINT-STOCK COMPANIES

Жуманиязова , Feruza, Jumaniyazova , Феруза, Jumaniyazova , Feruza

Илғор иқтисодиёт ва педагогик технологиялар · 2026-yil

Annotatsiya

This article examines the economic essence of investment projects, their structural elements and life cycle, as well as the theoretical and methodological foundations of joint-stock companies. The investment project is interpreted as a system of «objective — resources — time — outcome», and its structure comprising the target, resource, organisational-legal, financial, and risk-and-control blocks is substantiated. The joint-stock company is analysed as an institutional mechanism that converts dispersed savings into large-scale capital, drawing on corporate finance theory, agency theory, and corporate governance theory. Based on the 2025 data of the National Statistics Committee of the Republic of Uzbekistan, the structure of investments in fixed capital by financing source is assessed, revealing the limited role of the domestic capital market in financing investment projects. Recommendations aimed at enhancing the investment potential of joint-stock companies are formulated.

Maqola ma’lumotlari
MualliflarЖуманиязова , Feruza, Jumaniyazova , Феруза, Jumaniyazova , Feruza
JurnalИлғор иқтисодиёт ва педагогик технологиялар
Nashr sanasi2026-08-21
Jild3
Son4
Betlar351-358
TilO‘zbek
DOI10.60078/3060-4842-2026-vol3-iss4-pp351-358

Kalit so‘zlar

investment project, project life cycle, capital budgeting, joint-stock company, corporate governance, agency costs, capital market, net present value, share issue, dividend policy, инвестиционный проект, жизненный цикл проекта, бюджетирование капитала, акционерное общество, корпоративное управление, агентские издержки, рынок капитала, чистая приведённая стоимость, эмиссия, дивидендная политика, investitsiya loyihasi, loyiha hayotiy sikli, kapital budjetlashtirish, aksiyadorlik jamiyati, korporativ boshqaruv, agentlik xarajatlari, kapital bozori, sof joriy qiymat, emissiya, dividend siyosati

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