ISSN (E): 2181-4570 ResearchBib Impact Factor: 6,4 / 2023 SJIF 2024 = 5.073/Volume-2, Issue-5




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ISSN (E): 2181-4570 ResearchBib Impact Factor: 6,4 / 2023 SJIF 2024 = 5.073/Volume-2, Issue-5 
492 
ways which they think as the best for increasing roles of the shareholders. In this 
question , they can choose as much us they want among the given ways. The result is 
given below: 
Table[6] 
As stated by this table, it is seen that 63.3% of respondents considered that 
transparency is the best way for improvement on the role and rights of shareholders in 
companies. Increasing transparency within an organization is essential to building trust, 
increasing accountability, creating a positive working environment and improving the 
role and rights of shareholders. Here are some ways to increase transparency: 
1. Clear communication: 
- Ensure that there are open and clear communication channels within the 
organization. Encourage comments, questions and discussions at all levels. 
2. Share documents: 
- Share important documents, policies and decisions openly with employees. 
Use internal platforms or folders to make information easily accessible. 
3. Mechanisms for providing feedback: 
- Implement feedback mechanisms such as surveys, suggestion boxes or an 
open door policy to allow employees to express their concerns or ideas. 
4. Training and development: 


 
ISSN (E): 2181-4570 ResearchBib Impact Factor: 6,4 / 2023 SJIF 2024 = 5.073/Volume-2, Issue-5 
493 
- Invest in training programs that promote transparency, diversity and 
inclusion. Help employees understand the importance of transparency in the workplace. 
5. Leadership by example: 
- Managers and directors must demonstrate transparent behavior in their 
actions and decisions. This sets a positive example for others to follow. 
6. Dispute Resolution: 
- Establish fair and transparent dispute resolution processes. Ensure open and 
fair resolution of disputes. 
7. Ethical principles: 
- Develop and apply ethical principles and codes of conduct. Make sure 
employees understand these guidelines and the consequences of not following them. 
8. Transparency in decision-making: 
- Involve employees in decision-making processes wherever possible. 
Explain the rationale for decisions and their impact on the organization. 
9. Data transparency: 
- Be transparent about data and metrics. Share the latest information with 
employees on the organization's performance, goals and key metrics. 
10. Open Door Policy: 
- Encourage an open-door policy in which employees feel comfortable 
approaching managers or supervisors with their concerns, questions or ideas. 
45% of them thought that engagement is the second best way to rise shareholders’
roles in companies. Shareholder engagement is a unique form of exchange between 
shareholders and the company. This is a different type of interaction than analyst calls 
or shareholder activism. Stakeholder engagement is independent of the details of 
business strategy. Through shareholder engagement, investors have the opportunity to 
reframe governance issues as business issues so that they can engage with business 
leaders on issues that could become business risks. 
Essentially, shareholders want confidence that corporate governance policies and 
practices are likely to result in decisions that are in their long-term interests. During 
shareholder conversations, investors have the opportunity to ask questions on topics 
such as board accountability to shareholders, executive compensation, and corporate 
social responsibility practices. 
And also Treating shareholders equally is effective one: 



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ISSN (E): 2181-4570 ResearchBib Impact Factor: 6,4 / 2023 SJIF 2024 = 5.073/Volume-2, Issue-5

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