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The role of corporate governance in the development of economy

Turayev Komil RamizjanovichTashkent Institute of Textile and Light Industry

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This paper will try to review the relationship between the best practice of corporate governance and the development of economy. The literature part of the paper includes different studies from different countries and also will try to illustrate any research considering Uzbekistan as an emerging economy. It is evident that there is positive effect of corporate governance to the development of country`s economic wellbeing. To support the literature there are normative documents mentioned in the case of Uzbekistan.

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