CSB Master's Thesis Defenses

22 July 2025

On July 16-21, master's students at the Caucasus University School of Business presented their master's theses.

 

Students discussed a variety of contemporary topics, including the impact of artificial intelligence on leadership, green finance, ESG strategies, digital transformation, and tax optimization.

 

The following members of the commission participated in the defense process: Erekle Pirveli, Vato Berishvili, Soso Stepanishvili, Nika Zibzibadze, Tamar Tsertsvadze, Tamar Karbaia, Vakhtang Partsvania, Davit Tsiklauri, Aleksandre Mikeladze, Yashar Ibragimov, and Mindia Kacharava.

 

Students presented papers on the following topics:

 

  • Tamar Barbakadze – Tamila Nutsubidze: The Role of Georgian Retailers' International Credit Ratings;
  • Nikoloz Menteshashvili – Vakhtang Partsvania: Enhancing Business Continuity and Crisis Management: A Case Study of TBC Bank;
  • Magda Benashvili – Vato Berishvili: Comparative Analysis of Leasing vs. Loans;
  • Khatia Amirashvili – Vato Berishvili: Financial and Operating Risk Assessment in Public Health Programs;
  • Ekaterine Karosanidze – Aleksandre Mikeladze: Hidden Risks of Bankruptcy in Companies and Strategies for Survival;
  • Sofiko Tskhadadze – Vato Berishvili: Cost-Benefit Analysis of Smart Ports in Georgia;
  • Mariam Machkhoshvili – Vato Berishvili: Tax Optimization and Value Creation: A Comparative Analysis of Cross-Border Scenarios Involving Offshore Jurisdictions and Double Tax Treaties;
  • Barbare Mekhrishvili – Ana Elizarova: The Impact of Digital Technology Integration on Operational Efficiency in Georgia’s Poultry Production Enterprises;
  • Ana Baratashvili – Ana Elizarova: Digital Transformation: Examining SOCAR’s Sustainable Development Initiatives in Georgia;
  • Dato Turiashvili – Maria Glonti: Transformation of Banking: How Digital Transformation is Revolutionizing Financial Sectors (Management Challenges);
  • Lia Gabisonia – Tornike Guruli: Made in China – How China Developed Trade in Construction/Renovation Materials After the Pandemic (On the example of Georgia);
  • Nato Gegechkori – Tamar Tsertsvadze: Navigating Organizational Change in the Banking Sector: A Case Study of Merging Contact Center into a Branch-Based Service Model at PASHA Bank Georgia;
  • Gunel Valieva – Maria Glonti: Personality Traits and Their Correlation with Sales Success: A Focus on Narcissism in Azerbaijan’s Manufacturing Sector;
  • Teona Nachkebia – Erekle Pirveli: Earning Management Practices among Georgian Stock Exchange Enterprises and Enterprises of the I Category;
  • Mariam Bakradze – Lasha Arevadze: The Effects of Reference Pricing Reform on Medicine Prices and Access in Georgia;
  • Khatuna Iremashvili – Tamila Nutsubidze: ESG Integration in Banking Industry in Georgia: A Qualitative Study of the Impact of Regulations and Green Financing Strategies on Financial Performance and Risk Management;
  • Tamar Melikidze – Tamila Nutsubidze: Green Bonds as a Way to Increase Efficiency in the Energy Sector;
  • Goga Zanguridze – Aleksandre Mikeladze: The Impact of Emotional Intelligence (EI) on Leadership Effectiveness and Organizational Performance;
  • Teona Erkomaishvili – Mikheil Nonikashvili: Leadership Strategies for Overcoming Resistance to Change: A Study in the Context of Georgian Organizations;
  • Guga Roinishvili – Tamila Nutsubidze: The Challenge of Implementation of Central Bank Digital Currencies in Developing and Emerging Economies;
  • Teo Pichkhaia – Tamila Nutsubidze: Evaluating the Impact of Budgeting and Financial Analyses on the Performance of Small and Medium Enterprises in Georgia;
  • Lasha Khurtsidze – Tengiz Verulava: Sales Management Challenges in the Georgian Insurance Sector;
  • Romeo Maisaia – Fred Kasirye: From Graduation to Employment: Do University Graduates Work in Their Field of Study?;
  • Mariam Odisharia – Lili Bibilashvili: Management Value Deficit and the Role of Axiological Management;
  • Elizaveta Begiashvili – Natia Zedginidze: Quality Management Systems in Georgian Restaurant Industry;
  • Konstantine Burdiladze – Natia Zedginidze: Employee Satisfaction on Leadership Styles (Case of Banking Sector in Georgia);
  • Mariam Gorgoshadze – Tornike Guruli: The Impact of Visual Merchandising on Retail Sales in the DIY Direction;
  • Tamar Geldiashvili – Tengiz Taktakishvili: Financial Solutions for SMEs in Georgia: A Comparative Analysis of Traditional and Alternative Funding Methods;
  • Nino Zhgenti – Tengiz Taktakishvili: The Effect of Exchange Rate Fluctuations on Georgian Exports — Investigation of How Changes in the Exchange Rate, Especially of the Georgian Lari (GEL), Affect Export-Oriented Businesses and the Overall Economy;
  • Nino Metreveli – Tengiz Taktakishvili: Assessing the Impact of Venture Capital Funding on the Startup Development (Case of Georgia);
  • Temur Mzhavanadze – Tengiz Taktakishvili: The Impact of Remote Working Model on Organizational Culture in Georgia;
  • Guram Mardaleishvili – Tengiz Taktakishvili: The Impact of Remote Working Model on Employee Productivity and Well-Being: A Literature Review;
  • Kristine Kharabadze – Tengiz Taktakishvili: The Impact of Green Finances on Corporate Financial Performance.