- Journal of Management Marketing and Logistics
- Vol: 9 Issue: 1
- WHAT CHANGED IN THE PROBLEMS AND SOLUTIONS OF ENTERPRISES IN THE PRE-COVID-19 / COVID-19 PERIOD? EVA...
WHAT CHANGED IN THE PROBLEMS AND SOLUTIONS OF ENTERPRISES IN THE PRE-COVID-19 / COVID-19 PERIOD? EVALUATION OF THE SURVEY RESULTS OF SWORN-IN CERTIFIED PUBLIC ACCOUNTANTS OF ISTANBUL
Authors : Nazim Ekren, Elcin Aykac Alp, Mefule Findikci Erdogan, Kubra Hatice Bildik
Pages : 38-48
Doi:10.17261/Pressacademia.2022.1547
View : 13 | Download : 4
Publication Date : 2022-03-30
Article Type : Research
Abstract :Purpose- The purpose of this study is to identify what has changed on the enterprises’ problems and solution proposals pre and during the COVID-19 period. In this context, the problem and solution proposals obtained from the "Chamber of Sworn-In Certified Public Accountant of Istanbul Economy Expectation Index and Encountered Problems and Solution" survey were evaluated on basis of sectors. Methodology- The survey used in the study has been applied quarterly since 2017 to 13 different sectors and more than 300 enterprises. In April 2020, the survey was applied as a COVID-19 thematic survey. In this study, the results of the pandemic thematic survey and the results applied in the 2019-2021 periods were compared using frequency breakdowns for 8 sectors. Findings- According to the findings, it was stated that serious losses occurred due to the exchange rate risks due to the problems experienced with the fluctuation of the exchange rate. In addition, the global economic recession has become one of the important problems of enterprises that have problems in terms of equity capital. While the profitability ratios decreased due to the contraction in demand and increase in costs, it was observed that enterprises with increasing credit costs had difficulties in accessing appropriate financing. Conclusion- According to the study, it has been demonstrated that sectors appear new problems in the pandemic. Hence, sectors' problems should be considered on a preferential basis by public authorities. It has been considered incentive that is applied by the public authority will have a great influence on enterprises.Keywords : Covid-19, sectoral problems, encountered problems and solution proposals