Analysis of national corporate governance models from a value approach

Abstract

The article gives a description of the main national models of corporate governance, explores the
main mechanisms of their functioning. A comparative analysis of the individual components of these models
made it possible to discover their similarities and differences, as well as advantages and disadvantages. Based
on the identified characteristics, a comparative table was built on the key criteria of corporate governance based
on the cost approach. The differences between the studied models revealed during the study made it possible to
characterize their specificity and uniqueness, as well as to study their applicability in Kazakhstani conditions.
In addition, an assessment was made of the formation and development of the Kazakhstani model of corporate governance, identified shortcomings and opportunities for its further development. Based on the findings of the
study, some promising areas of development for the Kazakhstani model of corporate governance are proposed.
The results of the study may be of interest to researchers, teachers, doctoral students and undergraduates
engaged in research in the field of corporate management.