DIGITALIZATION OF INSOLVENCY PROCESSES: THE ROLE OF A UNIFIED ELECTRONIC PLATFORM IN ENSURING TRANSPARENCY AND ECONOMIC EFFICIENCY

Soliyev, Damirjon

Муҳандислик ва Иқтисодиёт · 2026-yil

Annotatsiya

Insolvency proceedings are information-intensive, multi-party processes whose outcomes depend criticallyon the transparency and timeliness of the underlying information flows. In many transition economies, these processesremain paper-based and institutionally fragmented, producing opacity, high transaction costs, delay, discretionary conduct,and low recovery for creditors. This article examines the role of a unified electronic platform in the digitalizationof insolvency processes and its contribution to transparency and economic efficiency. Using a mixed-methods designthat combines comparative institutional analysis, a transaction-cost and transparency framework, descriptive statistics,and a multifactor model, the study specifies the architecture of a unified platform — integrating a public insolvency register,electronic filing and verification of claims, electronic asset auctions, document and case management, electroniccreditor voting, and open reporting and analytics — and analyses the channels through which it affects outcomes. Theresults indicate that the level of digitalization is strongly and positively associated with procedural transparency andeconomic efficiency, operating through four channels: the reduction of transaction costs, the reduction of informationasymmetry, the intensification of competition at asset sales, and the strengthening of monitoring and accountability.

Maqola ma’lumotlari
MualliflarSoliyev, Damirjon
JurnalМуҳандислик ва Иқтисодиёт
Nashr sanasi2026-06-01
Jild4
Son6
TilIngliz

Kalit so‘zlar

insolvency, digitalization, unified electronic platform, transparency, economic efficiency, electronic auction, transaction costs, information asymmetry, public register, interoperability.

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