Employee’s performance evaluation and its role in the organizational improvement through human resource management

Economic Annals-XXI: Volume 213, Issue (1-2), Pages: 112-117

Citation information
Nasridinov, A., Mirashirova, N., Aripova, N., Azimova, Ch., Jumaniyazov, F., & Abdullayev, D. (2025). Employee’s performance evaluation and its role in the organizational improvement through human resource management. Economic Annals-XXI, 213(1-2), 112-117. doi: https://doi.org/10.21003/ea.V213-14

Abdullojon Nasridinov
PhD (Education),
Associate Professor,
Tashkent University of Architecture and Civil Engineering
9 Yangi Shahar Str., Tashkent, 100194, Uzbekistan
nasridinovabdulla@gmail.com
ORCID ID: https://orcid.org/0009-0003-0995-0993

Nargiza Mirashirova
PhD (Psychology),
Associate Professor,
Tashkent University of Applied Sciences
1 Gavkhar Str., Tashkent, 100149, Uzbekistan
nargizamirashirova@utas.uz
ORCID ID: https://orcid.org/0009-0008-3311-4940

Nasiba Aripova
PhD (Education),
Associate Professor,
Tashkent University of Architecture and Civil Engineering
9 Yangi Shahar Str., Tashkent, 100194, Uzbekistan
aripovanasiba1976@gmail.com
ORCID ID: https://orcid.org/0000-0001-6006-7811

Charos Azimova
MA (Education),
Senior Lecturer,
Tashkent University of Architecture and Civil Engineering
9 Yangi Shahar Str., Tashkent, 100194, Uzbekistan
charosrose@gmail.com
ORCID ID: https://orcid.org/0009-0009-8401-4744

Fazliddin Jumaniyazov
PhD (History),
Associate Professor,
Department of History,
Mamun University
2 Bolkhovuz Str., Khiva, Khorezm Region, 220900, Uzbekistan
zulfiqar-77@mail.ru
ORCID ID: https://orcid.org/0000-0001-6069-8031

Dadaxon Abdullayev
PhD (Agriculture),
Researcher,
Department of Fruits and Vegetable Growing,
Urgench State University
14 Kh. Alimdjan Str., Urganch, Khorezm, 220100, Uzbekistan
dadaxonabdullayev96@gmail.com
ORCID ID: https://orcid.org/0009-0009-8583-2538

Employee’s performance evaluation and its role in the organizational improvement through human resource management

Abstract. Nowadays, all public and private organizations need a performance evaluation system for development and sustainability, in which they can measure the efficiency and effectiveness of their organization’s programs, processes, and human resources. The aim of the present study is to investigate the impact of human resource and their dimensions on organizational performance. The present study is applied in terms of its purpose, is classified as descriptive research, and was conducted using a survey method and a questionnaire-based tool. The statistical population of this study is the employees of the Stock Exchange Organization during 2020-2203, including 250 employees and specialist managers was obtained with the help of the Cochran formula. The method of data analysis was the structural equation modeling technique using the path analysis technique in the LISREL 8.88 software.

The results of the hypothesis analysis show that the tool of employee performance and human resource management has a positive and significant impact on the organizational performance of the Uzbekistan Stock Exchange. In this regard, by evaluating employees, «criteria» are developed instead of «relationships» in administrative affairs, and by evaluating, it is also possible to determine the level of ability and power of individuals in performing assigned tasks and responsibilities. Undoubtedly, for the achievement of the organization’s goals and its survival, growth and dynamism, identifying creative, innovative and innovative human resources is of vital importance. In this regard, employee performance evaluation, as one of the most effective tools of recognition and control, plays an important role, because it can be taken towards effectiveness, motivation and ultimately towards increasing the quantity and quality of employee performance.

Keywords: Human Resources; Organization Performance; Stock Exchange Organization; Uzbekistan Stock Exchange; Employee; Evaluation; Achievement; Sustainability

JEL Classifications: Е24; Е41; Е64; I18; J28; J31

Acknowledgements and Funding: The authors received no direct funding for this research.

Contribution: The authors contributed equally to this work.

Data Availability Statement: The dataset is available from the authors upon request.

DOI: https://doi.org/10.21003/ea.V213-14

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Received 29.10.2024
Received in revised form 14.11.2024
Accepted 18.11.2024
Available online 26.02.2025