MBA and Management Students Successfully Defend Their Master’s Theses

17 July 2026

On July 15 and 16, students enrolled in the MBA and Master’s Program in Management at the Caucasus University Business School successfully defended their master’s theses.

 

During the defenses, the students presented their research before the thesis defense committee. The studies addressed a wide range of topics, including operational efficiency, corporate social responsibility and ESG, digital transformation, leadership, the banking sector, market diversification, financial auditing, the retail sector, and risk management.

 

The presentations featured both research focused on practical business challenges and analyses of international experience, accompanied by recommendations relevant to the Georgian market.

 

Theses Defended

 

  • Naziko Diasamidze - Supervisor: Natia Zedginidze
    Mechanisms for Improving Operational Efficiency in Georgia’s Public Sector: The Case of the United Airports of Georgia LLC
  • Ketevan Jibuti - Supervisor: Giorgi Mamniashvili
    Corporate Social Responsibility and Customer Satisfaction in Georgia’s Banking Sector
  • Elisabed Sikharulidze - Supervisor: Vakhtang Partsvania
    Internal Commercial Capability Gaps in the EU Export Sales Process of Georgian Wine SMEs
  • Luka Amiridze - Supervisor: Davit Tsiklauri
    Data_Driven Personalization in Digital Banking: Lessons from Global Leaders for Georgian Commercial Banks
  • Giorgi Mikautadze - Supervisor: Davit Tsiklauri
    The Impact of Cooperation with Modern Retail Chains on the Organizational and Operational Development of an FMCG Distribution Company
  • Nino Gogoladze - Supervisor: Tamila Nutsubidze
    Enterprise Risk Management: The Role of Internal Audit in Strengthening Corporate Governance in Microbanks-The Case of JSC Microbank MBC
  • Lela Tsotsonava - Supervisor: Tamar Karbaia
    The Transformation from Corporate Social Responsibility to ESG: Managerial Perceptions and a Strategic Adaptation Model-The Case of Georgian Commercial Banks
  • Ana Kochiashvili - Supervisor: Miranda Tsintskiladze
    Identifying Leadership Styles and Conducting a Comparative Analysis across the Public, Private, and Non_Governmental Sectors: The Case of Georgia
  • Lia Kapanadze - Supervisor: Lili Bibilashvili
    The Impact of Internal Communication on Employees’ Existential Security in the Context of Digital Transformation: The Case of Georgia’s Banking Sector
  • Saba Dolaberidze - Supervisor: Ana Elizarova
    Managing Operational Constraints: A Strategic Framework for Market Diversification in the Georgian Blueberry Sector
  • Lasha Mghebrishvili - Supervisor: Salome Danelia
    Strategic Trade Diversification and Partial Decoupling from Russia: Evidence from Georgian Import_ and Export_Oriented Businesses
  • Nutsa Grdzelishvili - Supervisor: Vakhtang Berishvili
    Asset Utilization, Fixed_Asset Intensity, and Operational Profitability in Hospitals: Empirical Evidence from Georgia
  • Aleksandre Gogotishvili - Supervisor: Tamila Nutsubidze
    Enhancing Reliability, Transparency, and Efficiency through AI Tools in Financial Auditing: A Case Study of Big Four Companies in Georgia
  • Natia Kozmanashvili - Supervisor: Aleksandre Mikeladze
    Alternative Financial Intermediation in a Concentrated Banking Market: An Institutional Analysis of Foresight Capital in Georgia
  • Irakli Gogishvili - Supervisor: Tamila Nutsubidze
    Challenges Associated with the Adoption of POS Terminals among Georgian Merchants
  • Merab Gegechkori - Supervisor: Tamila Nutsubidze
    Challenges and Opportunities for Increasing Profitability and Growth in Georgia’s Retail Sector: The Role of Artificial Intelligence in Retail
  • Sopiko Sheklashvili - Supervisor: Tamila Nutsubidze
    The Impact of Valuation Dispersion on Liquidity Risk in a Thin Frontier Market: Evidence from the Georgian Stock Exchange

 

The master’s thesis defense committee included Professors Lili Bibilashvili, Miranda Tsintskiladze, Tamar Tsertsvadze, Vakhtang Partsvania, Yashar Ibrahimov, Davit Tsiklauri, and Tamar Karbaia.

 

Aleksandre Mikeladze, Mindia Kacharava, Lasha Arevadze, and Tea Kbiltseshlashvili also served on the committee.