scholarly journals INSURANCE AS AN EFFECTIVE MECHANISM TO MINIMIZE RISKS AT THE ENTERPRISE

2019 ◽  
Vol 7 (5) ◽  
pp. 1021-1026
Author(s):  
Julia J. Golubyatnikova ◽  
Vasily G. Zakrzewski ◽  
Victor M. Zakharov ◽  
Marina V. Vladyka ◽  
Vladimir M. Gerashenko M. Gerashenko

Purpose: The article analyzes the state of domestic insurance in agricultural enterprises, which is a complex type of property insurance, subspecies of which are insurance of crops, animals, commodity aquaculture, real estate and income of agricultural producers. Methodology: Generally accepted methods and techniques of economic research were used in the study process: monographic (in the process of studying risk management theoretical foundations), statistical and economic (when studying trends of AIC enterprise development and functioning), design-constructive (when justifying and calculating indicators of enterprise functioning), abstract and logical (when generalizing conceptual and methodological approaches in identifying, analyzing and assessing risks), comparative analysis (synthesis of native and foreign risk management experience), various risk assessment methodologies. Result: The economic risk passport is understood as a set of information about the risk area, risk criteria, as well as for instructions on the application of the necessary methods to manage or minimize the risk. The article presented a liquidity loss risk passport with one of the measures to minimize it - self-insurance. Applications: This research can be used for universities, teachers, and students. Novelty/Originality: In this research, the model of Insurance as an Effective Mechanism to Minimize Risks at the Enterprise is presented in a comprehensive and complete manner.

2019 ◽  
Vol 2 (5) ◽  
pp. 54-60
Author(s):  
Baymirzayev Dilmurod Nematovich

Agriculture is one of the high-risk sectors of the agro-industrial complex, which operates under the influence of internal and external risks. The results of the activities of agricultural producers are directly related not only to the amount and quality of labor, the level of technology and technology used, but also to the objective high risk conditions for agricultural production. Risk research remains one of the most important modern areas of economic research. Risk studies play an important role in predicting economic development and making optimal decisions. Achieving sustainable agricultural production requires research in industry risks. It is necessary to establish a system of organizational and economic measures to reduce the negative impact of risk factors on the production and financial results of agricultural enterprises


Author(s):  
Andrii Zelenskiy ◽  
Diana Krysinska

The article reveals the theoretical foundations of the system of financial and economic regulation of agricultural production, based on domestic practice and best foreign practices. Various author's approaches to the structuring of the components of financial and economic regulation of agricultural enterprises are considered. It is established that improving the efficiency of support for national agricultural producers depends on the rate of real economic growth, which, on the one hand, will increase the state's ability to subsidize agricultural enterprises, and on the other - increase domestic sources of investment in agricultural projects.


2019 ◽  
Vol 50 (Special) ◽  
Author(s):  
Rossinskaya & et al.

The agricultural sector is most subject to the influence of risk factors. This might be explained by the fact that the efficiency and the output of agricultural production depends not only on invested labor and funds, but also on climatic, weather, environmental conditions, natural disasters. In this regard, the development of theoretical foundations of operational risk management in agriculture is highly relevant. The objective of our study was to develop measures to improve the methods of risk assessment and operational risk management at the level of agricultural enterprises, taking into account the requirements of environmental management and environmental protection. The article discusses the conditions and features of agricultural production at the present stage of economic development, gives a comparative description of various sectors of the economy by the presence of risk factors and proposes methods for operational risk management in the agro-industrial complex. An risk management algorithm for agricultural enterprises has been developed.


2020 ◽  
Author(s):  
Oleksandr Bondarenko ◽  

Agriculture is an industry of strategic importance for Ukraine, the development of which is aimed not only at obtaining commercial profits, but also at ensuring food and national security. Agricultural production and its export activities are subject to the influence of uncertainty factors that lead to the emergence of risks in economic activities. These factors determine are: natural conditions, unstable market conditions, political and economic instability. The purpose of the study is to identify the most significant risks in the export operations of agricultural producers and to study modern approaches to their management. The current practice of managing the export business of industrial and commercial enterprises in the scientific literature is widely spread, at the same time in the context of the Silk spirits of food there is a lack of food. In the statistic, the basic principles of the export-oriented enterprises of the national economy of the Silskoy state gift are grounded: logistic, currency and financial, environmental and credit risks.The role of risks in the formation of export strategies of agricultural producers are shown. Stages of management of export operations in the agricultural sector of the national economys by methodology The World Bank are substantiated ARM. Formation of a risk management strategy for export operations in the agricultural sector of the national economy carried out by minimization of financial risks (futures contracts, swaps and options); reducing the risks of entering into contractual relations with insolvent partners. For reduce risks exporters are used insurance services. An enterprise can create reserves for unforeseen costs, predict sectoral (for suppliers) price dynamics, involve suppliers in the company's activities by concluding participation agreements. It is substantiated that the highest risks for Ukraine's export-oriented agribusiness are logistics, monetary, financial, environmental and credit risks. It is shown that implementation of ARM is a modern comprehensive risk management tool for export-oriented agricultural enterprises. Prospects for further research is development of methods for assessing the export risks of agricultural producers.


2020 ◽  
pp. 139-144
Author(s):  
Natalia Koziar

Purpose. The aim of the article is the development of practical recommendations for the development of infrastructure for investment activities in the agricultural sector of Ukraine. Methodology of research. The methodological and theoretical basis of the study is a dialectical method of cognition and a systematic approach to the study of the fundamental provisions of economics in relation to the implementation of investment activities in the agricultural sector of Ukraine. A set of special methods of economic research is used in the research process. The conclusions of the research are formulated with the help of abstract and logical method. The method of theoretical generalization is used in the critical analysis of research results of domestic scientists on the substantiation of the development of infrastructure in the agricultural sector of Ukraine. Findings. It has been proved that an important tool for intensifying the investment activity of agricultural producers at the level of the country and individual regions is the creation of investment infrastructure, as well as a favourable macro-environment. The main elements of the investment infrastructure should be organizations that provide information, technical and technological, research, personnel, consulting, financial support, as well as logistics services. Tools for regulating investment processes should be aimed at regulating inter-budgetary relations, coordinating the interests of participants in investment activities, placement of projects, providing investors with preferences, organizing their implementation. Originality. The expediency of creating a system of institutional structures focused on increasing the investment attractiveness and service of agricultural producers directly is substantiated in order to intensify investment processes in agricultural enterprises. It is proved that at the regional level it is advisable to create an agricultural investment park on the basis of agricultural higher education institutions and research institutes of agro-industrial production of NAAS of Ukraine, the main purpose of which will be a set of measures to meet the needs of agricultural enterprises in investment services. Practical value. The proposed measures for the formation of institutions for infrastructure support of the investment process in the agricultural sector of Ukraine, in particular the creation of agro-investment parks, can be implemented at the regional level (Vynnytsia region). According to the results of the activities of similar institutions in the Kyiv region, there is activity among small and medium-sized farms in the corporate sector to obtain services for investing funds in expanding their production and economic activities. Key words: agricultural sector, investment activity, infrastructure, agro-investment park, investment.


2020 ◽  
Vol 2 (11) ◽  
pp. 71-73
Author(s):  
M. U. USUPOV ◽  

The article is devoted to the state of the economy of the subject of the agricultural sector – the Toktogul region of Kyrgyzstan, as well as the formation of a land division, which is impossible without an influx of investments and ensuring the availability of monetary resources for agricultural producers. In our time, innovation is becoming the main means of increasing the benefits of economic entities by better meeting market demand and reducing production losses compared to competitors. Despite repeated attempts by the country to create a system of lending to agricultural companies, only a small percentage of them use credit resources. Various state aid schemes support a competitive environment in the money markets and guarantee relatively equal access to them for financial institutions and agricultural enterprises.


Author(s):  
Liudmyla Yefimtseva ◽  

The article examines the historical experience of the creation and operation of machine-technological stations, taking into account the peculiarities of their development in each period of their activities. The advantage of creation of machine-technological stations at city united territorial communities at the present stage as one of means of the maintenance of agricultural commodity producers from the area of the earths to 500 hectares of a full complex of technical means is outlined, the growth of which will contribute to the development of the market of agro-technological works and services. Among the main advantages - the proximity of technical means to the agricultural lands of farmers is a significant factor, given that the average size of the united territorial community is about 225 km2. In addition, the newly created machine-technological stations, whose activities will be aimed at working with small areas of agricultural land, will be equipped with appropriate technical means, which will save money. Restraining factors of development of machine-technological stations at the present stage are revealed, among which the main ones are limited financial resources at the stage of their creation, insufficient level of state support, lack of integration of machine-technological stations with agricultural enterprises that are consumers of their services. It is proposed to create a fund to support the newly created machine- technological stations at the city's united territorial communities to provide start-up capital in the form of interest-free loans on a competitive basis, which can be used for investment in technical means and equipment, working capital or expansion of agro-technological works. In addition, the improvement of programs of financial support for agricultural producers will promote the development of machine-technological stations in the agricultural sector. The implementation of the proposed proposals will contribute to the development of the market of agro-technological works and services in the direction of providing agricultural producers of small forms of management with a full range of quality technological services in a timely manner.


2021 ◽  
Author(s):  
Roman Gereev ◽  
Milyausha Pinskaya

The monograph is devoted to the analysis of tax incentives, the use of which will help to achieve the economic goals of the state in the field of industrial support. The theoretical foundations of tax incentives for industrial development are considered, the effectiveness of tax incentives is evaluated, and measures to improve state financial support for industrial production are proposed. It is intended for a wide range of readers: specialists involved in tax risk management, economists in the field of industrial production, consultants in the field of taxation and tax administration, students and teachers of economic universities.


VUZF Review ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 42-49
Author(s):  
Nataliya Tanklevska ◽  
Vitalina Yarmolenko

The article is aimed at identifying modern features of insurance in the agricultural sector of the Ukrainian economy and defining the factors of influence on the agricultural insurance market. The article discloses interpretation of the terms of «insurance» and «agricultural insurance» and also presents the types of possible risks arising in the activities of agricultural enterprises. The performance indicators of leading insurance companies in the field of agricultural insurance are analyzed. The current state and dynamics of insurance of agricultural risks, which arise both in the field of crop production and in livestock, are researched. This will allow predicting the future prospects of the market for insurance services and products, as well as finding possible optimal ways to solve the problems of product insurance, faced by the agricultural producers. The main factors influencing the efficiency of the insurance market in the agricultural insurance sector are allocated. The basic principles of insurance of agricultural products with the State support are analyzed. It is defined that the further development of agricultural insurance should be directed towards creating a profitable and safe environment for all participants in the agricultural market, which provides for the distribution of risks between agricultural producers, processing enterprises, banks, insurance companies and the State. The agricultural insurance of risks creates possibilities for advantageous harmonizing the interests of participants in the agricultural insurance market and the State as a party whose first priority is to ensure stable economic growth.


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