Received:
2018-07-10 | Accepted:
2018-08-15 | Published:
2018-09-30
Title
Impact of production and transaction costs on companies’ performance according assessments of experts
Abstract
Kazakhstan now actively supports the development of entrepreneurship and conducts diversification of the economy. However, the recent crisis has changed the world market and business performance in the country has deteriorated significantly. The presented research studies the directions and reasons for the growth of costs. Based on a mass survey of entrepreneurs, the impact of production and transaction costs on the activities of businesses was assessed. Reducing administrative barriers should also reduce costs across the entire front line between government and business. However, in the process of decisions development on priority areas for reducing costs, evaluations of experts unite and lose coherence. Economic assessments turn into political ones, while the degree of consensus (concordance) of opinions is low. This limits the reliability of the final data and the possibility of their application. In this study, the consistency assessment was carried out using the concordance coefficient.
Keywords
entrepreneurship, business, production costs, transaction costs, survey, experts, consistency assessment, concordance, Kazakhstan
JEL classifications
C81
, C83
URI
http://jssidoi.org/jesi/article/227
DOI
HAL
Pages
398-410
This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
Authors
Plekhanov Russian University of Economics, Moscow, Russian Federation
http://www.rea.ru
Foundation for Informational Support of Society Development, Ust-Kamenogorsk, Kazakhstan
http://fipro.kz
Journal title
Entrepreneurship and Sustainability Issues
Volume
6
Number
1
Issue date
September 2018
Issue DOI
ISSN
ISSN 2345-0282 (online)
Publisher
VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania
Cited
Article views & downloads
HTML views: 7161 | PDF downloads: 2861
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