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Financial Assessment of Enterprise Activity in The Region
Corresponding Author(s) : Musurmonova Mahbuba Omonovna
American Journal of Economics and Business Management,
Vol. 8 No. 3 (2025): March
Abstract
The activity of enterprises in the region is a system composed of complex elements. This system is distinguished by the multifaceted and complex nature of the process of improving the efficiency of utilizing enterprises' financial and economic potential in the regions. Moreover, conducting research aimed at financial and economic analysis of enterprises is of great relevance today. It is important to apply financial evaluation results effectively in practice, as this serves as a foundation for the efficient operation of enterprises. In financial assessment of enterprises' activities, efforts are made to identify and eliminate economic uncertainty. Various economists have provided different opinions and economic definitions regarding the concept of economic uncertainty. By addressing the issue of economic uncertainty, enterprises can achieve better financial resource management and optimization, improve production quality, and attain other similar outcomes. Additionally, the financial potential of a region plays a significant role in shaping the financial and economic capacity of enterprises. However, the presence of factors hindering the enhancement of a region’s financial potential negatively affects the development of enterprises. A region is studied as a combination of economic, social, and natural-geographical characteristics. The financial condition of enterprises is assessed in three stages, and based on the analysis results, an evaluation of the enterprise’s financial state can be made.
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- V. N. Leksin and A. N. Shvetsov, State and Regions: The Theory and Practice of State Regulation of Regional Development, Moscow, 2007, p. 44.
- D. A. Tatarkin, E. N. Sidorova, and O. A. Kozlova, "Financial Foundations for Increasing the Social Attractiveness of Regions," UrFU Bulletin, Series: Economics and Management, vol. 4, 2013, p. 100.
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- E. A. Akromov, Analysis of the Financial Condition of Enterprises, Tashkent: Finance, 2003.
- N. V. Zikova, "Studying Approaches to Assessing Organizational Efficiency," Economics and Management of Innovative Technologies, vol. 12, 2014 [Online]. Available: [Electronic Resource].
- N. P. Lyubushin, Economic Analysis: Textbook, 3rd ed., Moscow, 2010, p. 575.
- A. Sh. Bekmurodov, U. V. G'afurov, and B. K. Tukhliyev, Global Financial and Economic Crisis, Ways and Measures to Overcome It in the Context of Uzbekistan: A Textbook, Tashkent: TDIU, 2009, p. 124.
- M. O. Rakhimova, Regional Economics: A Textbook, 2007.
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References
V. N. Leksin and A. N. Shvetsov, State and Regions: The Theory and Practice of State Regulation of Regional Development, Moscow, 2007, p. 44.
D. A. Tatarkin, E. N. Sidorova, and O. A. Kozlova, "Financial Foundations for Increasing the Social Attractiveness of Regions," UrFU Bulletin, Series: Economics and Management, vol. 4, 2013, p. 100.
F. H. Knight, Risk, Uncertainty, and Profit, Boston: Houghton Mifflin Company, 1921, p. 419.
J. M. Keynes, The General Theory of Employment, Interest, and Money, London: Macmillan & Co., Ltd., 1936, p. 403.
S. D. Valentey, A. R. Baxtizin, O. N. Valentik, A. V. Kolchugina, and L. N. Lykova, "Trends in the Development of the Economy of the Subjects of the Russian Federation," Federalism, vol. 3, 2013, p. 182.
T. V. Gritsyuk, Fiscal Federalism and Interbudgetary Relations, Moscow, 2004, p. 88.
O. V. Kuznetsova, Economic Development of Regions: Theoretical and Practical Aspects of State Regulation, Moscow, 2015, p. 10.
Information on the Socio-Economic Condition of the Republic of Uzbekistan, Information Bulletin of the State Statistics Committee under the President of the Republic of Uzbekistan, Tashkent, 2023, p. 519.
E. X. Maxmudov, Economics of Enterprises: Educational Manual, Tashkent: Uzbekistan Literature Fund Publishing, 2004.
E. A. Akromov, Analysis of the Financial Condition of Enterprises, Tashkent: Finance, 2003.
N. V. Zikova, "Studying Approaches to Assessing Organizational Efficiency," Economics and Management of Innovative Technologies, vol. 12, 2014 [Online]. Available: [Electronic Resource].
N. P. Lyubushin, Economic Analysis: Textbook, 3rd ed., Moscow, 2010, p. 575.
A. Sh. Bekmurodov, U. V. G'afurov, and B. K. Tukhliyev, Global Financial and Economic Crisis, Ways and Measures to Overcome It in the Context of Uzbekistan: A Textbook, Tashkent: TDIU, 2009, p. 124.
M. O. Rakhimova, Regional Economics: A Textbook, 2007.
G. G. Fetisov and V. P. Oreshin, Regional Economics and Management: Textbook, Moscow: "Infra", 2006, p. 416.
A. G. Grenberg, Fundamentals of Regional Economics: Textbook, 4th ed., Moscow: Publishing House GUVSH, 2004, p. 495.
V. V. Kistanov and N. V. Kupalov, Regional Economy of Russia, Moscow: Finance and Statistics, 2006, p. 548.