Financial Stability of Car Service Stations in Conditions of Economic Instability

References

[1] Bardoscia, M., Battiston, S., Caccioli, F., & Caldarelli, G. (2016). Pathways towards instability in financial networks. arXiv preprint arXiv:1602.05883. https://

[2] Ansar, A., Flyvbjerg, B., Budzier, A., & Lunn, D. (2016). Does infrastructure investment lead to economic growth or economic fragility? Evidence from China. arXiv preprint arXiv:1609.00415. https://

[3] Khan, M., Rana, A. T., & Ghardallou, W. (2022). Economic instability and pollution emissions in developing countries: A panel data investigation. Environment, Development and Sustainability. https://

[4] Geels, F. W. (2013). The impact of the financial-economic crisis on sustainability transitions: Financial investment, governance and public discourse. Environmental Innovation and Societal Transitions, 6, 67 –95. https://

[5] Adedoyin, F. F., Alola, A. A., & Bekun, F. V. (2021). The implications of renewable and non- renewable energy generating in Sub-Saharan Africa: The role of economic policy uncertainties. Renewable and Sustainable Energy Reviews, 30, 111092.

[6] Khan, M., Rana, A. T., & Ghardallou, W. (2022). Economic instability and pollution emissions in developing countries: A panel data investigation. Environment, Development and Sustainability. https://

[7] Ansar, A., Flyvbjerg, B., Budzier, A., & Lunn, D. (2016). Does infrastructure investment lead to economic growth or economic fragility? Evidence from China. arXiv preprint arXiv:1609.00415. https://

[8] Geels, F. W. (2013). The impact of the financial-economic crisis on sustainability transitions: Financial investment, governance and public discourse. Environmental Innovation and Societal Transitions, 6, 67 –95. https://

[9] Adedoyin, F. F., Alola, A. A., & Bekun, F. V. (2021). The implications of renewable and non- renewable energy generating in Sub-Saharan Africa: The role of economic policy uncertainties. Renewable and Sustainable Energy Reviews, 30, 111092. https://

[10] Fountas, S., Karanasos, M., & Kim, J. (2006). Inflation uncertainty, output growth uncertainty and macroeconomic performance. Oxford Bulletin of Economics and Statistics, 68(3), 319–343. https:// 0084.2006.00163.x

[11] Adeosun, O. T., & Shittu, A. I. (2022). Small– medium enterprise formation and Nigerian economic growth. Review of Economics and Political Science, 7(4), 286 –301. https://

[12] Olowookere, J. K., Hassan, C. O., Adewole, A. O., & Aderemi, T. A. (2021). Small and Medium Scale Enterprises (SMEs) Financing and Sustainable Economic Growth in Nigeria. The Journal of Accounting and Management, 11(3

[13] Poi, G., & Lebura, S. (2022). Challenges and Prospects for Small and Medium Scale Enterprises (SMEs) in the Post-Pandemic Nigerian Economy. GPH-International Journal of Business Management, 5(1). https://

[14] Endris, E., & Kassegn, A. (2022). The role of micro, small and medium enterprises (MSMEs) to the sustainable development of sub-Saharan Africa and its challenges: a systematic review of evidence from Ethiopia. Journal of Innovation and Entrepreneurship, 11(1), 20. https://

[15] Etuk, R. U., Etuk, G. R., & Michael, B. (2014). Small and Medium Scale Enterprises (SMEs) and Nigeria’s Economic Development. Mediterranean Journal of Social Sciences, 5(7), 656. https://

[16] Gumbi, L. N., & Twinomurinzi, H. (2022). Small and medium enterprises’ adoption of 4IR technologies for supply chain resilience during the COVID-19 pandemic. Journal of Transport and Supply Chain Management, 16. https://

[17] Guo, H., Yang, Z., Huang, R., & Guo, A. (2020). The digitalization and public crisis responses of small and medium enterprises: Implications from a COVID-19 survey. Frontiers of Business Research in China, 14(1), 1–25. https:// 00087-1

[18] Hejazi, M. T. (2021). Effect of supply chain resilience on organizational performance through knowledge sharing. Revista de Innovación y Tecnología, 11(4), 4764–4771. https:// 02

[19] Hendijani, R., & Saei, R. S. (2020). Supply chain integration and firm performance: The moderating role of demand uncertainty. Cogent Business & Management, 7(1), 1760447. https:// 7

[20] Gurría, A. (2020). Tackling coronavirus (COVID-19) contributing to a global effort. Organisation for Economic Co-operation and Development (OECD), Paris. https://

@article{1709549,
      author = {Rais Agayev},
      title = {Financial Stability of Car Service Stations in Conditions of Economic Instability},
      journal = {Iconic Research And Engineering Journals},
      year = {2023},
      volume = {6},
      number = {9},
      pages = {484-494},
      issn = {2456-8880},
      url = {https://www.irejournals.com/formatedpaper/1709549.pdf},
      abstract = {The economic uncertainty creates financial difficulties for small and medium enterprises including car service stations. These businesses operate with limited profit margins while their success depends heavily on customer spending patterns and supply chain disruptions and inflation rates and credit market fluctuations. The research identifies the primary financial challenges faced by car service stations during economic decline and develops strategies to help them achieve long-term recovery. The research analyzes industry data through regional case studies and financial statistics to understand how tourism companies adapt to market changes. The report provides all stakeholders with recommendations to enhance service station economic stability during economic turbulence. The article examines financial practices through easy-to-understand examples and reviews operational strategies for efficient and responsible management under pressure. The research demonstrates that stations can preserve their stability through market diversification and cost management and by integrating technology into their operations.},
      keywords = {Financial Stability, Economic Instability, Car Service Stations, Small and Medium Enterprises (SMEs), Operational Resilience},
      month = {March},
  }