THE GLOBAL CRISIS AND RETAILERS:THE OBSTACLES

Abstract In this study, we examine whether retailers in Eastern Europe and Central Asia found corruption, courts, tax administration, tax rates, political instability, and business licensing/permits as an obstacle to their firm. We focus on a specific period when retailers all around the world su...

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Main Author: HALIL D. KAYA
Format: Article
Language:English
Published: Academica Brâncuşi 2023-10-01
Series:Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
Subjects:
Online Access:https://www.utgjiu.ro/revista/ec/pdf/2023-05/01_kaya.pdf
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author HALIL D. KAYA
author_facet HALIL D. KAYA
author_sort HALIL D. KAYA
collection DOAJ
description Abstract In this study, we examine whether retailers in Eastern Europe and Central Asia found corruption, courts, tax administration, tax rates, political instability, and business licensing/permits as an obstacle to their firm. We focus on a specific period when retailers all around the world suffered in terms of revenues and profits. This is the period surrounding the 2008-2009 global crisis. We first examine the degree to which retailers see each of these factors as an obstacle in the pre-crisis period. Were they seeing each of these factors as a minor, moderate, major, or very severe obstacle, or were they seeing them as no obstacle? Then, we compare our findings to our findings in the post-crisis period. Had their perceptions improved or worsened after the crisis ended? We expect to see improvements in each of these areas due to governments’ efforts to lessen the burden on retailers. Our results show that retailers’ perceptions of all six factors had improved post-crisis. These findings confirm that, overall, governments were successful in reducing the burdens on retailers.
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spelling doaj.art-70ee384fe29844d6996c8cf3ffe26ece2024-11-03T00:26:42ZengAcademica BrâncuşiAnalele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie1844-70072023-10-015410THE GLOBAL CRISIS AND RETAILERS:THE OBSTACLESHALIL D. KAYA0DEPARTMENT OF ACCOUNTING AND FINANCE, COLLEGE OF BUSINESS AND TECHNOLOGY, NORTHEASTERN STATE UNIVERSITY, BROKEN ARROW, OK 74014Abstract In this study, we examine whether retailers in Eastern Europe and Central Asia found corruption, courts, tax administration, tax rates, political instability, and business licensing/permits as an obstacle to their firm. We focus on a specific period when retailers all around the world suffered in terms of revenues and profits. This is the period surrounding the 2008-2009 global crisis. We first examine the degree to which retailers see each of these factors as an obstacle in the pre-crisis period. Were they seeing each of these factors as a minor, moderate, major, or very severe obstacle, or were they seeing them as no obstacle? Then, we compare our findings to our findings in the post-crisis period. Had their perceptions improved or worsened after the crisis ended? We expect to see improvements in each of these areas due to governments’ efforts to lessen the burden on retailers. Our results show that retailers’ perceptions of all six factors had improved post-crisis. These findings confirm that, overall, governments were successful in reducing the burdens on retailers.https://www.utgjiu.ro/revista/ec/pdf/2023-05/01_kaya.pdfretailerobstaclecrisisentrepreneurentrepreneurshipsmall business
spellingShingle HALIL D. KAYA
THE GLOBAL CRISIS AND RETAILERS:THE OBSTACLES
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie
retailer
obstacle
crisis
entrepreneur
entrepreneurship
small business
title THE GLOBAL CRISIS AND RETAILERS:THE OBSTACLES
title_full THE GLOBAL CRISIS AND RETAILERS:THE OBSTACLES
title_fullStr THE GLOBAL CRISIS AND RETAILERS:THE OBSTACLES
title_full_unstemmed THE GLOBAL CRISIS AND RETAILERS:THE OBSTACLES
title_short THE GLOBAL CRISIS AND RETAILERS:THE OBSTACLES
title_sort global crisis and retailers the obstacles
topic retailer
obstacle
crisis
entrepreneur
entrepreneurship
small business
url https://www.utgjiu.ro/revista/ec/pdf/2023-05/01_kaya.pdf
work_keys_str_mv AT halildkaya theglobalcrisisandretailerstheobstacles
AT halildkaya globalcrisisandretailerstheobstacles