Volume 8.
Issue 05.

The integration of Environmental, Social, and Governance (ESG) factors into corporate strategies has emerged as a critical determinant of firm performance in global financial markets. This study investigates the multidimensional relationship between ESG practices and corporate financial performance among ASEAN firms listed in the Nikkei Asia 300 Index over the period 2018–2022. Drawing on stakeholder theory and corporate governance frameworks, the research employs a structured analytical approach to examine how ESG disclosures influence profitability, market valuation, and financial stability. The findings indicate that ESG integration positively correlates with financial performance, particularly in firms operating within environmentally sensitive sectors, although variations exist across governance structures and disclosure intensities. The study contributes to the growing body of ESG literature by providing region-specific empirical insights and highlights the importance of institutional and regulatory environments in shaping ESG outcomes. Limitations related to data heterogeneity and measurement inconsistencies are acknowledged, with recommendations for future longitudinal and sector-specific studies.

This article analyzes the institutional architecture of the Malaysian Islamic economic model and substantiates a strategy for its adaptation to the Republic of Uzbekistan. The study aims to conceptualize the integration of Islamic financial instruments and the real halal industry as a factor in ensuring inclusive growth. Based on an analysis of Malaysia's experience—from the Tabung Haji initiative (1963) to the implementation of IFSA in 2013—the author demonstrates that the system's success is determined by the synergy between government regulation (BNM, JAKIM) and the development of halal park infrastructure. The paper presents empirical data confirming the significant latent demand for ethical finance in Uzbekistan (81.3% of the population) and systematizes regulatory barriers, including the "regulatory dissonance" between traditional law and Sharia principles. The proposed roadmap includes implementing innovative solutions, such as "mortgage securitization through equity participation" (mortgage equity) and issuing targeted sukuk to finance high-tech industrial zones.

The article examines the strategic management of service enterprises in the post-pandemic economy under the combined influence of digitalization, demand volatility, growing customer expectations, and sustainability requirements. The relevance of the study is associated with the restructuring of consumer behavior: customers increasingly expect remote coordination, transparent pricing, predictable service procedures, ethical communication, and reduced transaction costs when choosing a provider. The scientific novelty of the study lies in the development of a managerial model that transfers observations from emotionally sensitive and institutionally regulated service markets into a broader economic framework of service enterprise adaptation. The paper systematizes post-pandemic changes in service design, digital communication, reputation management, information transparency, resource planning, and sustainable development. The purpose of the study is to substantiate a set of managerial techniques that strengthen the adaptability of service enterprises through digital coordination tools, trust-based marketing, customer journey governance, and sustainability-oriented product decisions. Sector-specific materials on funeral services are used as an illustrative case of a market characterized by high emotional involvement, information asymmetry, ethical constraints, and regulatory pressure. The article has practical value for managers of service enterprises, small and medium-sized businesses, municipal service operators, and researchers of strategic management in the service economy.

Independent brick-and-mortar retailers face increasing pressure to expand into digital channels, yet limited empirical evidence exists on how small and medium-sized retailers prioritize digital transformation compared to larger enterprises. This study examines online strategy, technology adoption, and artificial intelligence (AI) sentiment among independent retailers in North America.

A cross-sectional online survey of 71 items was conducted across thirteen retail verticals, yielding 3,317 responses, of which 1,985 were complete (59.8% completion rate). A focused sub-sample of established independent retailers (EIR) was analyzed separately. EIRs were defined as retailers generating more than USD 500,000 in annual gross transaction volume (GTV), a threshold chosen to identify businesses with sufficient scale to pursue strategic digital investments.

The findings indicate a substantial aspiration gap: 37.5% of EIR respondents currently operate a dedicated e-commerce store while 52.6% identify one as their ideal state, a 15-percentage-point shortfall. Retailers prioritize online channels as an extension of their physical stores, with driving local foot traffic (50.9%) ranking as the most important non-transactional objective. Profitability and margin optimization (35.4%) surpassed new customer acquisition (21.1%) as the principal online focus, reflecting heightened sensitivity to rising supplier costs and regulatory changes.

In terms of technology priorities, social commerce (28.9%) and Buy-Online-Pick-up-In-Store (27.6%) were favored over AI-based tools. Only 12% of respondents reported strong satisfaction with how well their website reflects their in-store brand. AI sentiment remains divided, with concerns centered on data accuracy (58.0%) and privacy (52.6%).

Overall, established independent retailers perceive online presence primarily as a tool for profitability and local traffic generation rather than as a standalone growth channel, favoring revenue-generating technologies over operational AI.

This article highlights the achievements that can be achieved in the field of land management based on the development of prospective land management schemes for the districts of the republic, as well as the sequence of works that need to be carried out in this direction, proposals and conclusions on specific measures aimed at the protection of irrigated arable lands. In addition, this study provides information on each stage of developing a land management scheme. The final part of the article presents the author’s conclusions and proposals for implementing the results of the research work into production.

The textile industry is one of the strategic sectors of Uzbekistan’s economy, contributing significantly to industrial output, employment generation, export revenues, and economic diversification. This study aims to model and forecast the main indicators of the textile industry using econometric methods based on official statistical data for 2010–2023. A multifactor econometric regression model was developed to determine the impact of investments, fixed assets, and employment on textile production volume. Correlation analysis, multiple regression analysis, exponential trend models, and ARIMA models were applied to analyze relationships among variables and forecast future trends. The empirical findings indicate that investments, fixed assets, and labor resources significantly affect textile industry output. Forecast results show that by 2030 textile production volume may reach 9,874.7 million USD, investments 2,941.7 million USD, fixed assets 8,661.3 million USD, and employment 415.9 thousand people. The study concludes that sustainable development of the textile industry requires increasing investment efficiency, improving technological integration, modernizing industrial infrastructure, and enhancing production capacities. The findings can serve as an analytical basis for strategic industrial policy and investment decision-making in Uzbekistan.

This article analyzes the issues of improving the institutional and economic mechanism for ensuring population employment in Uzbekistan. The study substantiates that employment provision should not be limited only to the creation of new jobs, but should also be based on the interaction of labor market infrastructure, public and private employment institutions, recruitment services, the education system, digital platforms, and regional employment programs. The article analyzes demographic, economic, institutional, educational-professional, regional, and technological factors affecting employment. It also develops proposals for strengthening cooperation between public employment services and private employment agencies, evaluating the effectiveness of employment services based on quality indicators, developing recruitment services, and expanding digital employment platforms.