Management of the Firm’s Economic crisis

dc.contributor.authorZhekenbay D.
dc.date.accessioned2024-09-06T04:19:24Z
dc.date.available2024-09-06T04:19:24Z
dc.date.issued2022
dc.description.abstractThe better-prepared firms usually survive economic shocks higher than the rest. The goal of the research is to analyze the effect of the economic crisis on companies’ performance in Kazakhstan. The goal of this research is to find ways for small and medium-sized enterprises to survive in the face of the Covid-19 coronavirus pandemic. My research is focused on third largest industry by employment share in Kazakhstan, which is the distribution sector (Bijnens & Konings, 2018). I investigate the probability of surviving of more than 19,000 grocery stores from 2017 to 2021 and investigate the factors of stores' that influence their survival rate during economic crisis caused by the COVID-19. By implementing the Cox proportional hazards model and OLS, I explore the effects of different variables like location, region, sales size, and type of store, which are regarded as key determinants of a store's survival rate. Results of analysis showed that due to the COVID-19 crisis, 1.8 times more retail outlets closed in 2020 compared to previous years and that rural outlets with high sales values had higher survival rates after the COVID-19 crisis than urban outlets. In addition, I found out that traditional grocery outlets have higher survival rates than wholesale stores. This statement is backed up by non-parametric and as well as parametric tests that were performed during the research. These results of study could be useful in reducing the harmful consequences of crisis during recessions from a normative standpoint. Additionally, this research can act as a guide for grocery stores' crisis management. There is very little research in this field in Kazakhstan, and the proposed thesis can help companies choose their strategic directions in crisis management in Kazakhstan.
dc.identifier.citationZhekenbay D./Management of the Firm’s Economic crisis/Economics, Kaskelen-2022
dc.identifier.urihttps://repository.sdu.edu.kz/handle/123456789/1475
dc.language.isoen
dc.subjecteffect of economic crises
dc.subjectcox proportional hazards model
dc.subjectKazakhstan
dc.subjectmasters dissertation
dc.titleManagement of the Firm’s Economic crisis
dc.typeOther

Files

Original bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
Zhekenbay Dauren (1).pdf
Size:
1.54 MB
Format:
Adobe Portable Document Format
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed to upon submission
Description:

Collections