IMPROVEMENT OF THE SECONDARY MARKET FOR SECURITIES ISSUED BY JOINT STOCK COMPANIES

Authors

  • Berdiqulova Manzura Rakhmonkulovna Senior Lecturer at the Department of Finance, Banking, and Accounting Tashkent International University of Financial Management and Technologies Author

Keywords:

Secondary market, joint stock companies, securities, financial system, market transparency, legal framework, trading infrastructure, investor protection, capital allocation, market modernization.

Abstract

The secondary market for securities issued by joint stock companies occupies a significant position in the financial system of any modern economy. As an important mechanism for reallocating financial resources and optimizing investment activity, the secondary market is the cornerstone that transforms securities from simple financial instruments into genuine drivers of economic growth, stability, and innovation. The role of the secondary market goes far beyond offering liquidity; it forms the foundation for transparent valuation, enhances corporate governance, activates investment processes, and supports the effective mobilization of savings across society.

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Published

2025-11-20

Issue

Vol. 1 No. 11 (2025): EH

Section

Articles

How to Cite

IMPROVEMENT OF THE SECONDARY MARKET FOR SECURITIES ISSUED BY JOINT STOCK COMPANIES. (2025). Economic Horizons: Journal of Business, Economics, and Finance, 1(11), 42-48. https://ecomindspress.com/index.php/eh/article/view/217