Journal of Business

THE COVID-19 GLOBAL PANDEMIC AND ITS IMPACT ON THE EU SPORTS INDUSTRY AS A PART OF ENTREPRENEURSHIP ENVIRONMENT

Jozef Kucera, Milan Fila — Wed, 03 May 2023 00:00:00 +0400

This scientific paper brought insights into the effects of the Covid-19 on specific and important part of the EU economy – the sports industry. The main objective of the research made was to identify and quantify the possible impact of the Covid-19 global pandemic on the EU sports industry. There are no doubts that this pandemic has had a significant impact on the world economy and also on the economies of the individual countries. This scientific article connects already published articles, which were focusing on the impacts of the Covid-19 on the global or local economies and their specific industries with the analysis of the impact on the sports industry in the European Union which have not been sufficiently investigated yet. Purpose of the article was to identify and quantify the impact of the Covid-19 waves and restrictions (that have been held against the spread of The Covid-19) on the sports industry in the EU and its individual countries. This paper also seeks to present possible solutions how the EU sports industry could possibly restore its pre-pandemic state. Mainly the empirical, exploratory, comparative and statistical methods of examining secondary data which are connected with the selected macroeconomic indicators (f. e. the industry outputs, state of employment in the selected time period) were used. The most important finding is that the Covid-19 pandemic has had significant impact on the EU sports industry.

Determinant factors of risk-taking in Georgian Banking Institutions with Machine Learning

Ana Ratchvelishvili, Metin Mercan, Bachana Dzagania — Mon, 05 Jun 2023 00:00:00 +0400

Economical development in perspective is unthinkable without the successful functioning of the commercial banking system, as it has a direct impact on practically all areas of the market economy by determining the vector of its development. The paper aims to discuss and analyze banking risk and its factors. It involves analysis of factors affecting the profitability of banks and correlations between different variables that are crucial for identifying relationships between key aspects. An analysis is performed on the example of Georgian Banks. To respond to this question, 14 active commercial banks of Georgia operating in the years 2013 – 2020 were analyzed using Machining learning and ordinary least squares (OLS) . This research also applies the fixed effect model by evaluating Hausman. Results showed specific correlations between a variety of factors affecting the risks of commercial banks. Research emphasizes the importance of performing proper risk management strategies and their influence on the overall profitability of the bank.

Perception of Business Ethics Among Students

Mon, 05 Jun 2023 00:00:00 +0400

It is generally believed that ethical perception of individuals is a function of their moral development. Since this is also developed over time given people experiences, and against the backdrop that students field of study are likely to affect their business ethics posture, this study generally sought to examine gender and educational differences in perception of business ethics among university students in Ogun state, Nigeria. The study adopted a descriptive survey design. Our sampling frame was year three and four management and non-students from a public and a private universities in the state. We obtained primary data from a total of 227 students selected through a purposeful sampling method. Questionnaire constituted the main research instruments for obtaining primary data. Our T-test result indicated that there is no significant difference in student’s perception of business ethics based on both gender and age. However, the result indicated positive and significant difference in the students’ perception of business ethics based on their major course of study, where the management students ranked higher in their attitude to ethics in business. Similarly, there was a significant difference in the attitude of the students to ethics in business based on their schools as private university students scored higher in .The study therefore recommends that tertiary institutions should include ethical courses to all students irrespective of their majors and punish students who are involved in academic dishonesty.

Cryptocurrencies as a safe tool for portfolio before and during COVID-19 pandemic: cases of Bitcoin and Ethereum

Ghanem Shamseen, Salavat Sayfullin, Metin Mercan — Wed, 28 Jun 2023 00:00:00 +0400

This research aims to analyze and explain the importance of diversification benefit of cryptocurrencies and its nature in accordance with its relation with other financial assets before and especially during the Covid-19 pandemic era. This paper will help investors to understand that how to manage a portfolio of cryptocurrencies in parallel with other financial assets and mainly cryptocurrencies since they were a safe investment option during the pandemic period due to the good defense these digital currencies activated against the covid-19 shock back in 2020. Paper used DCC-GARCH model to examine the safety of Bitcoin and Ethereum with financial market of S & P 500 and FTSE100.

Threshold result of FDI on Economic growth: case in Georgia

Tea Kbiltsetskhlashvili, Metin Mercan — Wed, 19 Jul 2023 00:00:00 +0400

In today's world of increasing globalization and economic openness, foreign direct investment (FDI) is a critical factor that contributes to the dependency of economies. The volume of the global flows of foreign direct investment (FDI) has grown significantly during the last two decades. The data of variables used in this research are included from 2001 to 2021.Most of data for variables before 2001 are not available. The variables are as follows. The ratio of net FDI inflows to GDP is known as FDI. The United Nations Conference on Trade and Development (UNCTAD) Statistics are used to calculate net FDI inflows. Data for variables are derived from the World Bank databank's World Development Indicators (WDI).Threshold regression model is utilized in the research.