INCREASING THE COMPETITIVENESS OF THE LEADING SECTORS OF THE NATIONAL ECONOMY DUE TO MODERNIZATION AND DIVERSIFICATION
Ключевые слова:
Central Bank of the Republic of Uzbekistan, refinancing rates, electronic commerce, SMS-banking, Internet-banking, Mobile-banking, currency basket, exchange rateАннотация
In this paper, I examine the relationship between national modernization and diversification in bank system of Uzbekistan. The results of our analysis demonstrates that the cultural modernization and diversification effective use is a factor of ensuring economic growth in the future, the reduction of tax rates has a positive effect on the aggregate supply in the economy, and lead to an increase in the incomes of the population and entrepreneurs, and as a result, to an increase in savings and accumulation of capital.
Библиографические ссылки
Acedo, F.J. and Jones, M.V. (2007) ‘Speed of internationalization and entrepreneurial cognition: insights and a comparison between international new ventures, exporters and domestic firms’, Journal of World Business, Vol. 42, No. 3, pp.236–252.
Ahimud, Y. and Lev, B. (1981) ‘Risk reduction as a motive for conglomerate mergers’, The Bell Journal of Economics, Vol. 12, No. 2, pp.605–617.
Antonczyk, R.C. and Salzmann, A.J. (2014) ‘Overconfidence and optimism: the effect of national culture on capital structure’, Research in International Business and Finance, May, Vol. 31, pp.132–151.
Autio, E., Pathak, S. and Wennberg, K. (2013) ‘Consequences of cultural practices for entrepreneurial behaviors’, Journal of International Business Studies, Vol. 44, No. 4, pp.334–362.
Barney, J. (1991) ‘Firm resources and sustained competitive advantage’, Journal of Management, Vol. 17, No. 1, pp.99–120.
Baskerville-Morley, R.F. (2005) ‘A research note: the unfinished business of culture’, Accounting, Organizations and Society, Vol. 30, No. 4, pp.389–391.
Benito-Osorio, D., Ángel Guerras-Martín, L. and Ángel Zuñiga-Vicente, J. (2012) ‘Four decades of research on product diversification: a literature review’, Management decision, Vol. 50, No. 2, pp.325–344.
Bhide, A. (1990) ‘Reversing corporate diversification’, Journal of Applied Corporate Finance, Vol. 3, No. 2, pp.70–81.
Brewer, P. and Venaik, S. (2012) ‘On the misuse of national culture dimensions’, International Marketing Review, Vol. 29, No. 6, pp.673–683.
Castañer, X. and Kavadis, N. (2013) ‘Does good governance prevent bad strategy? A study of corporate governance, financial diversification, and value creation by French corporations, 2000–2006’, Strategic Management Journal, Vol. 34, No. 7, pp.863–876.
Chkir, I.E. and Cosset, J.C. (2001) ‘Diversification strategy and capital structure of multinational corporations’, Journal of Multinational Financial Management, Vol. 11, No. 1, pp.17–37.
Chui, A.C., Titman, S. and Wei, K.J. (2010) ‘Individualism and momentum around the world’, The Journal of Finance, Vol. 65, No. 1, pp.361–392. Coles, J.L., Daniel, N.D. and Naveen, L. (2008) ‘Boards: does one size fits all?’, Journal of Financial Economics, Vol. 87, No. 2, pp.329–356.
Davis, R. and Duhaime, I.M. (1992) ‘Diversification, vertical integration, and industry analysis: new perspectives and measurement’, Strategic Management Journal, Vol. 13, No. 7, pp.511–524. Delerue, H. and Simon, E. (2009) ‘National cultural values and the perceived relational risks in biotechnology alliance relationships’, International Business Review, Vol. 18, No. 1, pp.14–25.
Delios, A. and Beamish, P.W. (1999) ‘Geographic scope, product diversification, and the corporate performance of Japanese firms’, Strategic Management Journal, Vol. 20, No. 8, pp.711–727.
Denis, D.J., Denis, D.K. and Sarin, A. (1997) ‘Agency problems, equity ownership, and corporate diversification’, The Journal of Finance, Vol. 52, No. 1, pp.135–160.
Dickson, M.W., BeShears, R.S. and Gupta, V. (2004) ‘The impact of societal culture and industry on organizational culture’, in House, R. et al. (Eds.): Culture, Leadership, and Organizations, pp.74–90,
Sage, Thousand Oaks, CA. Earley, P.C. (2006) ‘Leading cultural research in the future: a matter of paradigms and taste’, Journal of International Business Studies, Vol. 37, No. 6, pp.922–931.
Emrich, C.G., Denmark, F.L. and Den Hartog, D.N. (2004) ‘Cross-cultural differences in gender egalitarianism: implications for societies, organizations, and leaders’, in House, R. et al. (Eds.): Culture, Leadership, and Organizations, pp.343–394,
