Organizational and Economic Analysis of Homeowners' Associations and Property Management Companies: Evidence from Uzbekistan

Qosimova Nilufar Chinberdiyevna

Authors

Qosimova Nilufar Chinberdiyevna Lecturer, Department of Specialized, Social Sciences, Humanities and Exact Sciences, Andijan Faculty, Tashkent State University of Economic

Keywords:

Homeowners' associations, property management companies, housing governance, institutional economics, transition economies, Uzbekistan, organisational performance

Abstract

This study investigates the organizational and economic performance of homeowners' associations (HOAs) and property management companies (MCs) operating within the residential housing sector of Uzbekistan. The primary objective is to evaluate institutional efficiency, financial governance, and service delivery capacity across both organisational forms in the context of ongoing post-Soviet urban reforms. A mixed-methods research design was adopted, combining quantitative panel data analysis covering 312 HOAs and 94 MCs across five Uzbek regions (2023-2025) with qualitative semi-structured interviews involving 48 housing sector practitioners. Secondary data were sourced from the Ministry of Housing and Communal Services of Uzbekistan, regional statistical offices, and audited annual reports. Comparative performance indicators were constructed using principal component analysis (PCA) and descriptive statistics. The study introduces a composite Organisational Performance Index (OPI) calibrated to transition economies, extending institutional economics frameworks to Central Asian housing governance contexts that have been underexplored in the international literature. The results support targeted policy interventions including mandatory financial literacy programmes for HOA boards, professionalisation standards for MCs, and a graduated subsidy mechanism for low-income housing associations. The study is geographically bounded to five Uzbek regions and may not fully represent rural or peri-urban contexts. Future research should incorporate longitudinal experimental designs and extend the comparative framework to other Central Asian transition economiesand exceed the limits permitted by global health standards , especially in children`s toothpastes.

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