Journal of Management and Economics

The Role Of The State Budget In Strengthening National Financial Stability

2025-12-13T17:42:50+00:00

This paper examines the critical role of the state budget in ensuring and reinforcing national financial stability. Using a qualitative analysis of recent theoretical and empirical studies, as well as a review of fiscal practices in transition economies, the study highlights how budget formation, fiscal discipline, and effective allocation of public resources contribute to macroeconomic stability, social welfare, and sustainable development. The findings suggest that a well-structured and transparently managed state budget — combined with balanced revenues and expenditures — is a fundamental instrument for achieving financial resilience, reducing economic volatility, and supporting long-term growth. The paper concludes with policy recommendations for optimizing budgetary mechanisms to bolster national financial stability.

Methodology For Improving Investment Flow Management In Commercial Banks: The Role Of Digital Transformation

2025-12-19T09:51:39+00:00

Commercial banks oversee investment flows throughout a multifaceted lifecycle, encompassing funding acquisition, treasury allocation, portfolio development, settlement, accounting acknowledgment, risk assessment, and regulatory compliance. These flows are still broken up across product silos and old platforms in many institutions. This causes latency, breaks in reconciliation, lack of transparency in intraday liquidity, and unnecessary operational risk. Digital transformation alters the economics and management of investment flow by facilitating real-time data acquisition, standardized communication, sophisticated analytics, and automated process orchestration. This article presents a methodology for enhancing investment flow management in commercial banks via a digitally enabled operating model that incorporates (i) comprehensive flow transparency, (ii) consolidated data governance and risk-data aggregation, (iii) predictive and prescriptive analytics for liquidity and valuation dynamics, and (iv) robust, auditable workflow automation. The methodology is shown as a design-science framework with measurable results, focusing on how to put it into practice while meeting regulatory standards for operational resilience and accurate risk reporting. The results section combines the expected benefits of using standardized payment and settlement data, real-time tracking, and enterprise-wide risk-data aggregation principles with cloud-ready analytics and strong controls for third-party dependencies. The article concludes that digital transformation is not just an IT modernization program; it is a way for managers to control investment flows as a strategic resource, improve the quality of decisions, increase capital and liquidity efficiency, and boost supervisory confidence when used with strict governance and resilience-by-design.

Dividend Policy And Investment Attractiveness Of Joint-Stock Companies: The Case Of Emerging Markets With Evidence And Implications For Uzbekistan

2025-12-18T02:47:46+00:00

This article examines the impact of dividend policy on the investment attractiveness of joint-stock companies, with a focus on mechanisms that enhance investor interest in emerging capital markets. Using theoretical insights and empirical findings from recent studies, the paper analyses how consistent dividend payments, payout ratios, and transparent dividend strategies influence firm valuation and investor confidence. Understanding the role of dividend policy is essential for corporate management and policymakers aiming to increase the participation of both institutional and individual investors. The study highlights practical implications for Uzbek joint-stock companies in strengthening their market appeal.

The Significance And Environmental Efficiency Of Digitalization Processes In Sustainable Economic Development

2025-12-13T17:51:21+00:00

The article analyzes the role and effectiveness of digital technologies in the green economy. The opportunities of AI, IoT, Big Data and cloud computing in saving energy, reducing carbon emissions, managing resources and improving environmental monitoring are examined. Based on international experience, these technologies are shown to be the main driver of the green economy. For the case of Uzbekistan, priority tasks are identified in such areas as renewable energy, smart agriculture, digital water management and smart cities.

Digital Transformation Of Tourism In Uzbekistan: E-Services And Tourism Safety

2025-12-18T02:44:32+00:00

Uzbekistan’s tourism sector is undergoing rapid digital transformation to enhance service delivery and improve tourist safety. This study examines the adoption of digital technologies, such as unified e-services platforms, mobile applications, and interactive digital tools, and evaluates their impact on tourism experiences and security. Using a systematic review of recent policy documents, news reports, and academic literature, this paper finds that digital innovations significantly increase convenience for visitors by simplifying registration, itinerary planning, and access to services. At the same time, digitalization contributes to tourism safety by promoting proactive monitoring and information access. However, challenges such as digital literacy gaps among stakeholders and cybersecurity vulnerabilities remain. The research concludes with recommendations to strengthen digital infrastructure and safety protocols to ensure a balanced and secure digital tourism ecosystem.

Digital Transformation In Accounting And Its Impact On The Audit Process

2025-12-18T02:34:23+00:00

Digital transformation in accounting has profoundly reshaped audit practices by integrating technologies such as artificial intelligence (AI), cloud computing, automation, and data analytics, resulting in higher efficiency, improved audit quality, and more reliable financial reporting. This study employs a mixed qualitative and quantitative approach to investigate both the opportunities afforded by digital accounting systems and the challenges these technologies pose to the audit process. Findings reveal that digital tools significantly enhance data accuracy, reduce audit time and errors, and provide auditors with real-time access to comprehensive financial records. However, gaps in digital competencies, cybersecurity risks, and infrastructure limitations impede optimal adoption. The study concludes with recommendations for enhancing auditor skills, strengthening digital infrastructure, and adopting robust data governance frameworks to maximize the benefits of digital transformation.

The Impact Of Cybersecurity On Economic Security In The Context Of The Digital Economy

2025-12-18T02:38:22+00:00

In the era of rapid digitalization, the digital economy has become a cornerstone of global economic development, yet it simultaneously exposes economies to a wide range of cybersecurity threats that undermine economic security. This study investigates how cybersecurity challenges in digital environments affect economic stability, business resilience, and national security. Using a systematic literature review of studies on cyber threats, economic security vulnerabilities, and digital transformation impacts, this paper finds that cyber incidents—such as data breaches, ransomware, and infrastructure attacks—lead to direct financial losses, operational disruptions, weakened investor confidence, and increased costs for both public and private sectors. The research also highlights the importance of robust cybersecurity frameworks, regulatory policies, and international cooperation in strengthening economic security amidst digital growth.

Digitalization Of Internal Audit Systems In Enterprises: Opportunities And Challenges

2025-12-18T10:11:09+00:00

The digitalization of internal audit systems has become a crucial driver for improving audit effectiveness and organizational governance in modern enterprises. This study investigates the opportunities afforded by digital technologies—such as artificial intelligence (AI), data analytics, and automation—to enhance audit quality, real-time monitoring, and risk assessment. It also examines the challenges faced by enterprises in implementing digital audit systems, including skills gaps, technological infrastructure constraints, and cybersecurity concerns. Employing a qualitative literature review methodology, this article synthesizes findings from recent research on digital internal auditing. Results indicate that digitalization significantly improves audit accuracy and efficiency, while challenges such as insufficient digital competencies and data security risks impede full adoption. Practical recommendations for successful digital audit integration are discussed.