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Vakhtang Berishvili

Vakhtang Berishvili is a professor at Caucasus University, and a professional financial manager and financial consultant, with a career in academia, as well as in the private and public sectors.

 

Vakhtang has been a Professor of Finance at the Caucasus School of Business since 2022. Previously, he held academic positions at Ilia State University and at Bank of Georgia University. For more than 20 years, Vakhtang has taught various financial subjects, including Corporate Finance, Financial Management, Managerial Accounting, Risk Management, and Financial Analysis. Prior to his current position, Vakhtang served in various managerial positions in Georgian and international organizations.

 

Vakhtang Berishvili holds a Ph.D. in Business Administration from Ilia State University (Financial Analysis), complemented by an MBA from Caucasus School of Business.

 

Although he was primarily engaged in lecturing activities during the earlier part of his academic career, he intensified research activities in recent years and has several publications in the field of finance, energy efficiency, and business administration.

  • Berishvili, V. (2025). The Relationship between Risk Management and Firm Efficiency in the Georgian Manufacturing Industry: A Data Envelopment Analysis Approach. Path of Science, 11(12).
  • Machkhoshvili, M., & Berishvili, V. (2025). Designing Global Tax Strategies: Offshore Jurisdictions, Double Tax Treaty Use, and Corporate Value. Path of Science, 11(7).
  • Berishvili, V. & Mamedova, S. (2025). The Relationship between Risk Management and Firm Performance: Evidence from the Georgian Manufacturing Industry. Financial Studies, 29(1)
  • Khukhunaishvili, T., & Berishvili, V. (2024). Understanding Reasons of Cost Overruns in Construction Projects from Contractors’ Standpoint. Path of Science, 10(10), 5001-5023.
  • Lomadze, D., & Berishvili, V. (2024). The Impact of Sovereign Credit Ratings on Interest Rates in Emerging Economies–Case from Georgia. Journal of Financial and Monetary Economics, 12(1), 115-125.
  • Berishvili, V., & Didmanidze, M. (2024). The Impact of the Georgian Real Estate Investment Trust on the Performance of Various Portfolios. Financial Studies, 28(3).
  • Kopaleishvili, T., Berishvili, V. (2023). Assessment of Foreign Currency Risk and Other Factors that Affect Civil Society Organizations Performance in Georgia. Financial Studies, Volume 27, issue 3
  • Berishvili, V., Kavelashvili, N. (2022). Tools and models for ratio analysis based on Georgian companies data. Ecoforum Journal, 11(3).
  • Berishvili, V. (2021). Assessment of a value at risk in heavy construction equipment energy efficiency projects. Journal of Accounting, Finance and Auditing Studies, 7(2), 53-63, Doi: 10.32602/jafas.2021.012
  • Berishvili, V., Berishvili, L. (2020). Industry Average Financial Ratios for Georgia. Ecoforum Journal, 9(3).
  • Berishvili, V., Gejadze, E., (2020). Renewable Energy Utilization Feasibility for Agricultural Company – Georgia Case, Ecoforum Journal, 9(1).
  • Bighiashvili, A., Berishvili, V., (2019). Georgian banking sector exchange rate risk assessment using VaR model (in Georgian language), Economics and banks magazine. National Bank of Georgia