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Resilience of startups emerging from incubators: factors for successful long-term
sustainability

The bachelor thesis consists of 3 chapters which provide constructive overview of current Latvian innovation market situation and descries the phenomenon of startup, also defining the factors of success and present the picture of project BUSEE.The first chapter defines the concept of startup and innovation activity. Providing the list of development and lifecycle of startup project. The activity of startup in different sectors were noted. And finally, examination of current trends in startup development industry.Second chapter in other case stands for brief description of Latvian innovation environment. Also covering the role of the government, private sector, and academic sphere in supporting innovation. Identifying the key factors of success and obstacles for startups and analyzing the afterwards The last chapter is defining the factors of sustainable development of the startup project BUSEE by providing complete overview of goals, tasks, and project stages, financial justification and project risk management. Additionally, assessing the project's contribution to innovation development in Latvia and showing paths for further development of project BUSEE.

Author: Artjoms Čubs

Supervisor: Oksana Skorobogatova

Degree: Bachelor

Year: 2024

Work Language: English

Study programme: Business and Management

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Credit risk management in the banking sector of Azerbaijan.

This thesis examines credit risk management (CRM) practices in the banking sector of Azerbaijan with a focus on the application and effectiveness of international and local standards in credit risk management. The study begins by defining credit risk and discussing its importance in maintaining financial stability in banks. Various theoretical models of credit risk measurement, including traditional and modern approaches, are reviewed and their applicability in the Azerbaijani context is assessed. An in-depth analysis of credit risk management in a commercial bank (Kapital Bank) is conducted and differences in risk exposure and management strategies are identified. The study also critically analyzes the adoption and implementation of the Basel Accords (Basel I, II and III) in Azerbaijani banks and compares these international standards with local practices. The findings reveal significant differences in Kapital Bank's CRM practices as well as divergence in the implementation of the Basel standards. The thesis concludes with recommendations aimed at improving the regulatory framework and CRM practices to enhance the sustainability and effectiveness of credit risk management at Kapital Bank.

Author: Fatima Aghali

Supervisor: Jekaterina Vestermane

Degree: Bachelor

Year: 2024

Work Language: English

Study programme: Business and Management

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INFORMATION SYSTEM FRAMEWORK FOR EU SUSTAINABILITY REPORTING

ABSTRACTMaster's thesis „Information system framework for sustainability reporting”. Author of the paper: Sanita Bringmane. Scientific supervisor: Professor. Dr. Habil.sc.ing. Igors Kabaskins.The purpose of the Master thesis is to provide a framework for a sustainability reporting system that helps entities manage the ESG reporting system development process and help organizations navigate the complexity of ESG reporting. The Master thesis consists of four parts, the first part includes a summary of the requirements of the ESG standards and detailed information on the report and the main three pillars of sustainability: Environment, Social, and Governance reporting information and structure. A brief overview of the reporting information systems follows and reporting system use case, sustainability ecosystem, framework, and reporting system architecture. There are road map for the implementation of a sustainability reporting system included and at the end of the work a brief case study review of sustainability reporting for a company, and a conclusion as a final part of the work.

Author: Sanita Bringmane

Supervisor: Igors Kabaškins

Degree: Master

Year: 2024

Work Language: English

"Implemention of "green" logistics solutions in transport companies to ensure environmental and economic sustainability".

Today, the development of sustainability policy has a major impact on logistics and supply chains. Company managers develop innovative approaches to organizing and coordinating logistics processes so that the company minimally pollutes the environment, but operates just as quickly and with high quality."Green" logistics is perceived as an organization's contribution to sustainable development to meet the needs of future generations with low greenhouse gas emissions.This work is devoted to the study of the principles of "green" logistics organization; analyzing EU legislation, standards regarding the principles of "green" logistics in order to develop recommendations for the logistics company SIA "AG AUTO TRANS" for the implementation of environmentally friendly transportation, storage and production processes.

Author: Vadims Anetjko

Supervisor: Aleksandrs Kotļars

Degree: Professional Bachelor

Year: 2024

Work Language: Latvian

Possibilities of introducing the principles of sustainable development into the company's marketing concept

In the first chapter the basic principles of sustainable development in business will be described, as well as a role of marketing in its realization, how it affects the company, how they are connected. What challenges while implementing sustainable development the company can meet, how it affects it and how they correspond each other.The second chapter is going to be focused on the clothing retail in Latvia, what is the geographic distribution of it, how it is structured. What features Latvian companies use, in order to attract customers. And how now the consumer understand the word sustainability, how they understand the importance of it. The third chapter will provide the basic information and the history of the company. How well the company is competitive in comparison with other companies. How the company is familiar with principles of sustainable development and how the company applies them.The fourth chapter will be about the defining project goals for company, how “APRANGA” company can plan an implementation of sustainable development principles into the marketing concept. Will try to formulate the new marketing concept with a consideration of sustainable development principles.

Author: Valērija Isajeva

Supervisor: Oksana Skorobogatova

Degree: Bachelor

Year: 2024

Work Language: English

Study programme: Business and Management

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