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      • Estimation of the Level Of Sustainable Development in Kazakhstan Regions and Recommendation For Its Increase

        Gulzada S. Baimukhamedova,Nailya K. Nurlanova,Sharzada Akhmetova 한국유통과학회 2012 KODISA ICBE (International Conference on Business Vol.2012 No.-

        In this article, the dynamics of resource consumption in the Asia-Pacific region and Kazakhstan have been investigated; the evolution of existing theories and concepts of sustainable development and "Green growth" in the world economic science in terms of their adaptation to the spatial development ofKazakhstan have been studied. The authors took into account the fact that in the global and domestic economics controversial questions about the choice of criteria and indicators to assess the degree of stability of regional systems are still remaining. Onthis basis, the authors proposed an original methodology to assess the potential and conditions for sustainable development of the country with regard to a regional peculiarity. The proposed methodology in this article is based on the indicators typical of traditional and new factors of the economy and conditions for regional systems’functioning. The choice of indicators was carried out in concordance with the main tasks of Kazakhstan regions in future. This author's method is proposed to be used on two levels, on the national and regional, and later on the local level (districts, municipalities, cities). The author's method has been tested on the materials of Kazakhstan regions along with the use of a statistical information data bulk. On the assumption of the analysis, the tendency of strengthening the polarity of the Republic’s regions in accordance with the majority of key indicators of sustainable regional development was established. As a result of analysis, the authors have substantiated a number ofsuggestions to improve economic regulation methods of regional development, to implement institutional reforms in the economic development of natural resources, as well as to ) upgrade regional statistics. The article provides sufficiently broad recommendations that can be successfully used in practice to implement new regional strategies for future-oriented sustainable development.

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        Estimation of the Level of Sustainable Development in Kazakhstan Regions and Recommendation for its Increase

        Gulzada S. Baimukhamedova,Nailya K. Nurlanova,Sharzada Akhmetova 한국유통과학회 2012 유통과학연구 Vol.10 No.7

        The purpose of this study is to investigate existing world economic science theories and concepts of sustainable development as well as create original system of criteria and indicators to assess potential and conditions for sustainable development from a regional perspective and based on the above justify proposals for public authorities to improve methods of economic regulation for regional development. To achieve the goal evolution process of existing theories and concepts of sustainable development and “green growth” have been studied in terms of its adaptation to the spatial development of Kazakhstan, comparative dynamics of natural resources consumption in the Asia-Pacific region and Kazakhstan were investigated as well. Methodology. World best theory and practice methods for assessment of the level of sustainable development of the country and some of its territories were also studied. We selected the best system of criteria and indicators for assessment of economic, social and environmental sustainability of regional systems. Methods offered in this article are based on traditional and new factors of economic development and conditions for operation of regional systems. Indicators are chosen with a glance to basic goals for future development of regions in Kazakhstan. It is recommended to use two levels of methodology offered by author, namely national and regional, and at the local level later (districts, municipalities, cities). The results. Method offered by the author has been tested based on materials and statistics of regions in Kazakhstan. Suitability and usability of the proposed system of criteria and indicators for measuring of economic, social and environmental sustainability of regional systems was proved. Based on this analysis it was found out that there are regions in Kazakhstan that differ from each other by most of key indicators of sustainable regional development and this tendency is increasing. Conclusions and recommendations. As a result of this analysis, the authors have substantiated a number of proposals on methods of analysis to be used, improvement of methods of regional development, implementation of institutional reforms, as well as improvement of regional statistics. This article provides recommendations that can be successfully used in the management practices by public authorities to implement a new regional strategy focused on sustainable development in future.

      • Asymmetric Timeliness of Earnings, Market-To-Book and Conservatism in Financial Reporting in Kazakhstan

        Aizhan Baimukhamedova,Yelena Konovalova,Rashid Makarov,Gulzada S. Baimukhamedova 한국유통과학회 2017 KODISA ICBE (International Conference on Business Vol.2017 No.-

        Abstract should stand alone, means that no citation in abstract. The abstract should concisely This study extends the theoretical framework developed by Roychowdhury and Watts (2007) by testing it on a sample of Kazakhstani companies and aims at investigating changes in relations between two measures of conservatism: asymmetric timeliness of earnings (AT) and the market-to-book ratio (MTB) over short and long periods. On the contrary to the recent studies that document negative relations between these two measures, we reveal that magnitudes of earnings response to good and bad news increase for cumulation over longer periods. Second, we observe positive relations between earnings response to good news and MTB at the beginning and end of the estimation period. Even though the authors of the framework have not found any support for positive relations on any combination of news and MTB, our results support their initial expectations about positive association between asymmetric timeliness and MTB. Interestingly, our findings document absence of conservatism for certain lengths of cumulation period which can be attributed to peculiarities of financial reporting system on Kazakhstani Stock Exchange.

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