Legal frameworks governing agribusiness management

¹ Karakalpak State University, Nukus, Republic of Karakalpakstan, Uzbekistan
² Kalmyk State University, Elista, Republic of Kalmykia, Rusia

^* Corresponding author: onazarbaev@mail.ru

Abstract

This study aims to investigate the legal frameworks governing agribusiness management, focusing on their effectiveness and implications for sustainable development. The study employs a cross-sectional dataset, analyzingdata from various agribusiness entities to assess the current legal provisions and their enforcement. The results reveal significant disparities in legal adherence, highlighting the influence of regional legal variations and the size of the agribusinesses. Notably, larger agribusinesses demonstrate higher compliance levels, attributed to better resources and access to legal expertise, while smaller entities struggle with regulatory requirements due to limited resources. The findings underscore the necessity for tailored legal frameworks that consider the unique challenges faced by smaller agribusinesses and emphasize adaptive legal regulations in fostering sustainable agribusiness management and recommend policy adjustments. This research contributes to the understanding of legal governance in agribusiness and offers valuable implications for policymakers aiming to strengthen regulatory frameworks and promote sustainability within the sector. This study then furthers the examination of the regulatory effectiveness and policy implications related to the use of legal frameworks in terms of compliance levels, sustainability measures, and regional disparities. Their practical effect is to increase the resilience of agribusiness operations operating using the legal governance structures based on the aforementioned findings on compliance disparities.