FINANCIAL COMPONENT OF THE FOREIGN TRADE ACTIVITIES INFRASTRUCTURE OF THE AGRICULTURAL SECTOR SMALL BUSINESS ENTITIES

2018 ◽  
Author(s):  
Liudmyla Bakhchivanzhi ◽  
◽  
Oleksandr Barbinyagra ◽  
Keyword(s):  
Foreign Trade ◽  
Agricultural Sector ◽  
Financial Analysis ◽  
Equity Capital ◽  
Net Income ◽  
Agricultural Enterprises ◽  
Credit Guarantees ◽  
The Government ◽  
Business Entities ◽  
Normative Value

The article reflects the results of the study of the financial component of the foreign trade infrastructure formation, taking into account the peculiarities of export entrepreneurship of small entities of the agricultural economic sector. The methodological toolkit of the article is built on the basis of a systematic approach using the financial analysis and abstract-logical generalization of research results. It was revealed that agricultural enterprises currently, according to the World Trade Center, have a significant under-traded export potential due to imperfection and insufficient capacity of the infrastructure to support foreign trade, and measures to form and expand the infrastructure of foreign trade require appropriate financial and investment support. The state of funding sources was analyzed and diagnostics of the financial state of the agricultural sector was carried out in the context of the analysis of the dynamics of indicators of the financial state, for which the normative value is not established and the indicators, the assessment of which is carried out in comparison with the normative value. A tendency towards a decrease in the profitability of assets and equity capital, an excess of the growth rate of accounts payable over accounts receivable, current liabilities over current assets, cost over net income from product sales, as well as a downward trend in financial results from operating activities and net profit are revealed. It was found that the financial activities of agricultural enterprises did not allow them to achieve the required level of their own and borrowed resources to finance the development of foreign trade infrastructure. The institutional factors of the internal and external (international) environment of the foreign trade financial infrastructure formation are analyzed. In order to overcome the existing destructive tendencies, it is proposed to search for foreign markets with higher prices for agricultural products with an orientation to markets with a high under-traded export potential. It is proposed to use the terms of cooperation to ensure accessibility to external sources of financing and innovative financial instruments for small and micro-agricultural enterprises, to directly provide trade financing or credit guarantees by the government.

scholarly journals Problems of organizational and legal forms of management in the agricultural sector

2021 ◽  
Vol 12 (4) ◽  
Author(s):  
Novak Tamara ◽  
◽  
Marchenko Svitlana ◽  
Keyword(s):  
Agricultural Production ◽  
Agricultural Sector ◽  
Entrepreneurial Activity ◽  
Legal Form ◽  
National Legislation ◽  
Agricultural Enterprises ◽  
Agricultural Enterprise ◽  
Legal Literature ◽  
Business Entities ◽  
Legal Forms

The article is devoted to the analysis of some problems of organizational and legal forms of management in the agricultural sector. The main tendencies of development of organizational and legal forms of Ukraine in the aspect of deregulation of entrepreneurial activity and opening of the market of agricultural lands are determined. The role and significance, types, legislative and doctrinal approaches to determining the organizational and legal form of agricultural production are highlighted. On the basis of the analysis of legal literature, national legislation and practice of its application the problems of separate organizational and legal forms of conducting agricultural production (farms, collective agricultural enterprises, etc.) are analyzed. It is concluded that the principle of equality of ownership and management in agriculture is violated in Ukraine. Keywords: organizational and legal forms, business entities, agricultural production, agricultural sector, farms, collective agricultural enterprise

scholarly journals REB’s statistical series: surveys of agricultural enterprises

2020 ◽  
pp. 55-59
Author(s):  
S. Aukutsionek ◽  
A. Batyaeva ◽  
N. Dyomina ◽  
A. Egorov ◽  
A. Matveev
Keyword(s):  
Economic Policy ◽  
Agricultural Sector ◽  
Capital Investments ◽  
Agricultural Producers ◽  
Agricultural Enterprises ◽  
Unique Data ◽  
Statistical Series ◽  
The Government

The article presents unique data on the Russian agricultural sector, which has been gathered by the Russian Economic Barometer for more than 25 years. There is published statistics reflecting the attitude of the heads of agricultural enterprises towards the economic policy of the government. There are presented data revealing the degree of importance for the agricultural producers of various factors limiting production and capital investments.

scholarly journals Integrating aspect of economic development in Ukrainian agriculture

Ekonomika APK ◽  
2020 ◽  
Vol 312 (10) ◽  
pp. 38-48
Author(s):  
Inna Bezhenar ◽  
Larisa Malik ◽  
Andrii Shvets
Keyword(s):  
Rural Areas ◽  
Agricultural Production ◽  
Agricultural Sector ◽  
Analytical Data ◽  
The State ◽  
Entrepreneurial Activity ◽  
Small Scale ◽  
Family Farms ◽  
Agricultural Enterprises ◽  
Business Entities

The purpose of the article is to determine the directions of integration processes in the development of entrepreneurial activity in the agricultural sector of the economy. Research methods. Using statistical and graphical methods, the state and trends of integration transformations of agricultural enterprises in Ukraine were assessed. Research results. The dynamics of changes in the number of agricultural enterprises in Ukraine during 2013-2019, their structure on the basis of legal status, scope and results of activities are analyzed and the relevant conclusions on the ways of development of integration processes in the agricultural sector are formed. The functioning of agrarian business entities of different sizes has been studied. The integration potential of small business entities in the agricultural sector has been identified. The dynamics of the main production indicators of small and micro enterprises is given, their share in the total volume of agricultural production is determined. Also, small forms of management due to integration and cooperative processes provide an opportunity to develop in rural areas, making financial contributions to local budgets, while large enterprises (agricultural holdings) usually have minimal impact on the development of rural economy and rural areas. The main segments of agricultural production (such as potatoes, vegetables, fruits and berries) in which households play a key role are identified. Priority areas for the development of personal farms have been identified, in particular, through the creation of family farms and their association in cooperatives, etc. The information base of the study is the scientific achievements of leading domestic and foreign scientists, analytical data of the State Statistics Service of Ukraine. On the basis of the obtained results the social and economic expediency of development of cooperative forms of management in the countryside and integration of small-scale agricultural producers is substantiated. Scientific novelty. It is proposed to turn personal peasant farms into family farms as components of integration formations in agrarian business. Practical significance. The state of business structures of the agricultural sector of the Ukrainian economy is assessed and the prospects and advantages of the development of integration formations and cooperation in the sustainable development of rural areas are outlined. Tabl.: 8. Figs.: 1. Refs.: 20.

scholarly journals REB’s statistical series: surveys of agricultural enterprises

2020 ◽  
pp. 51-55
Author(s):  
S. Aukutsionek ◽  
A. Batyaeva ◽  
N. Dyomina ◽  
A. Egorov ◽  
A. Matveev
Keyword(s):  
Economic Policy ◽  
Agricultural Sector ◽  
Capital Investments ◽  
Agricultural Producers ◽  
Agricultural Enterprises ◽  
Unique Data ◽  
Statistical Series ◽  
The Government

The article presents unique data on the Russian agricultural sector, which has been gathered by the Russian Economic Barometer for more than 25 years. There is published statistics reflecting the attitude of the heads of agricultural enterprises towards the economic policy of the government. There are presented data revealing the degree of importance for the agricultural producers of various factors limiting production and capital investments.

scholarly journals REB’s statistical series: surveys of agricultural enterprises

2021 ◽  
pp. 46-50
Author(s):  
S. Aukutsionek ◽  
A. Batyaeva ◽  
N. Dyomina ◽  
A. Egorov ◽  
A. Matveev
Keyword(s):  
Economic Policy ◽  
Agricultural Sector ◽  
Capital Investments ◽  
Agricultural Producers ◽  
Agricultural Enterprises ◽  
Unique Data ◽  
Statistical Series ◽  
The Government

The article presents unique data on the Russian agricultural sector, which has been gathered by the Russian Economic Barometer for almost 30 years. There is published statistics reflecting the attitude of the heads of agricultural enterprises towards the economic policy of the government. There are presented data revealing the degree of importance for the agricultural producers of various factors limiting production and capital investments.

scholarly journals Formation of analytical tools of capital reproduction in the agricultural sector of Ukraine

2020 ◽  
pp. 64-79 ◽  
Author(s):  
Olena Lemishko
Keyword(s):  
National Economy ◽  
Financial Stability ◽  
Agricultural Sector ◽  
Value Added ◽  
Capital Formation ◽  
Equity Capital ◽  
Agricultural Enterprises ◽  
Percentage Points ◽  
Total Capital ◽  
Analytical Tools

Purpose. The purpose of the article is to form analytical tools for the capital reproduction in the agricultural sector of Ukraine’s economy for substantiation of management decisions to ensure its continuous recovery, progressive growth of its value on the basis of positive qualitative changes in capital at its optimal structural proportions. Methodology / approach. Such scientific methods were used in the article to achieve the purpose of the research: structural and logical analysis – to form a holistic conceptual approach to research; comparison – to substantiate the peculiarities of the reproduction of capital at the macro level and in the agricultural sector of the economy; statistical method – for processing information that characterizes the value and structural proportions of capital of economic entities in the agricultural sector of the economy. Results. Elaboration of analytical indicators of the passive part of the balance of economic entities of agriculture, forestry, fisheries of Ukraine revealed that there is an increase of equity capital relative to its cost value, but a decrease in its share in the total capital structure, namely a decrease of cost estimate of equity capital relative to borrowed capital occurs 3.5 times more intensely; during 2010–2018, total capital, equity capital and gross value added of enterprises of the national economy of Ukraine, as well as the agricultural sector of the economy showed sustainable growth, but in the agricultural sector of the economy there was a decrease in the share of gross value added in total capital of enterprises that proved the tendency of potential narrowing the sources of ensuring the reproduction of capital; during the study period, the level of real capitalization in the agricultural sector of Ukraine's economy decreased significantly; dynamic changes in indicators of financial stability of agricultural enterprises confirmed that in 2018 agricultural enterprises were able to finance their assets at the expense of equity by only 49 % (in 2001 – 66%), financial stability of agricultural enterprises in 2018 lagged behind the optimal allowable value by 12 percentage points, in contrast to 2001 (exceeding the optimal allowable value by 3 percentage points), which encouraged an increase of financial risks in agriculture. Originality / scientific novelty. Financial diagnostics of cost and structural characteristics of capital of economic entities in the agricultural sector of Ukraine`s economy revealed that in the agricultural sector there is a paradoxical situation: the dynamics of retained earnings growth in the structure of equity capital, accompanied by declining dynamics of equity in the total amount of total capital and narrowing of cost estimates of equity in relation to GDP. It is proved that the formation of optimal proportions of capital is one of the factors ensuring expanded reproduction of capital, therefore, the mechanism of implementation of financial policy of capital reproduction should be aimed at increasing internal sources of capital formation and optimizing the structure of total capital. Given that the agricultural sector of Ukraine with its basic component, farming, is a system-forming component in the national economy and forms the basis for preserving the sovereignty of the state (food, economic, environmental and energy security within certain limits), we assume that further accumulation of negative trends from the perspective of values and structural proportions of capital in the agricultural sector of Ukraine's economy may be the basis for the acquisition of a state of financial fragility in the economic system as a whole. Practical value / implications. To harmonize certain norms of capital formation of Ukrainian enterprises, it is proposed to take into account the «fixed capital system», enshrined in the second EU Directive and to establish at the legislative level the procedure for capital formation for limited liability companies (LLCs): guaranteed real contribution of authorized capital should be at the level of the cost values of net assets of the company; to consider such level as the minimum admissible.

scholarly journals Support and implementation of the government program in the agricultural sector for business entities subjects on the example of the Republic of Bashkortostan

2020 ◽  
Vol 176 ◽  
pp. 05012
Author(s):  
Lyuza Bayguzina ◽  
Guzaliya Galimova ◽  
Elvira Nurdavlyatova ◽  
Larisa Ponomareva
Keyword(s):  
Global Economy ◽  
Agricultural Sector ◽  
Raw Materials ◽  
Scientific Article ◽  
Global Changes ◽  
Industrial Complex ◽  
Republic Of Bashkortostan ◽  
The Republic ◽  
The Government ◽  
Business Entities

The scientific article discusses the implementation of the state program “Development of Agriculture andregulation of agricultural products, raw materials and food markets in the RepublicBashkortostan”, which aims to ensure the implementation of planned production valuescommodity production volumes of the main types of products. Effectiveness of the implementation of measuresgovernment program is largely determined by the volume of involvement in the Republic of Bashkortostanfederal funds.In this regard, the importance of the work of signing agreements betweenThe Ministry of Agriculture of the Russian Federation and the Government of the Republic of Bashkortostan onallocation of federal funds to the republic.At the present stage, global changes are taking place both in the global economy and in the regionallevel.Therefore, there is a need for innovative and cost- effectiveproduction methods.One of the directions of public policyin the agro-industrial complex is the support of innovatively active enterprises, farmersfarms that can solve the main economic problems and the country’s recovery from the crisis andensure sustainable innovative development of the economy.

scholarly journals About the structure of legal arrivals in Ukraine

Social Law ◽  
2019 ◽  
pp. 79-85
Author(s):  
H. Kornienko
Keyword(s):  
Agricultural Production ◽  
Agricultural Sector ◽  
Limited Liability ◽  
Comprehensive Analysis ◽  
Agricultural Cooperatives ◽  
Industrial Complex ◽  
Agricultural Enterprises ◽  
Business Entities ◽  
Legal Forms ◽  
The Relationship

The article analyzes the peculiarities of legal relations in the sphere of agribusiness on the basis of research on agrarian relations, economic activity (entrepreneurship) and agro-industrial complex. A comprehensive analysis of relations in the field of business in the agricultural sector is given. Their object and subject composition is established, which is narrower than in agrarian-legal relations. It is emphasized that the object of legal relations in the field of agribusiness, the essence of which is expressed through action - different in content and character, is pluralistic in nature, which causes its multilevel and complexity. The subjects of legal relations in the said sphere are agricultural enterprises of various organizational and legal forms (farms, agricultural cooperatives, agricultural joint-stock companies, agricultural limited liability companies, agricultural private enterprises, etc.), as well as those providing agricultural production and production. products (enterprises in the field of information, logistical and logistical support. The same aspect explores the relationship between agribusiness and agro-industrial complex, which are not inherently identical concepts. The basis for their isolation is the orientation of business entities: in the agro-industrial complex - production and marketing, and in agribusiness - marketing.

scholarly journals Identifying medium-sized agricultural enterprises with the greatest potential for innovation development

2021 ◽  
Vol 68 (1) ◽  
pp. 213-227
Author(s):  
Sonja Đuričin ◽  
Isidora Beraha
Keyword(s):  
Agricultural Sector ◽  
Financial Analysis ◽  
Financial Statements ◽  
Z Score ◽  
Innovation Development ◽  
Agricultural Enterprises ◽  
Negligible Probability ◽  
The Subject ◽  
Probability Of Bankruptcy ◽  
Score Model

The aim of the research is to identify medium-sized agricultural enterprises with the greatest potential for innovation development. The subject of the research is the key financial performance of the observed enterprises in 2017. Data were obtained from official financial statements publicly available on the website of the Serbian Business Registers Agency (SBRA). The aim of the research was realized by applying financial analysis methods and the Altman Z-score model. The purpose of the research is to improve the efficiency of limited funds for financing innovative activities in the agricultural sector. The research results are data on enterprises with negligible probability of bankruptcy and which thus have the greatest potential for innovation development.

scholarly journals PRIORITY DIRECTIONS OF USING OPPORTUNITIES OF DIGITALIZATION OF INVESTMENT-INNOVATIVE DEVELOPMENT OF AGRICULTURAL ENTERPRISES

2021 ◽  
Author(s):  
Оleksii Zoria ◽  
Ilona Yasnolob ◽  
Yana Radionova
Keyword(s):  
Agricultural Sector ◽  
Innovation Process ◽  
Farming Systems ◽  
Electronic Energy ◽  
Agricultural Products ◽  
Information Support ◽  
Innovation Development ◽  
Agricultural Enterprises ◽  
Stage Of Development ◽  
Business Entities

The article provides a scientific and theoretical justification of the priority areas for the use of opportunities for digitalization of investment and innovation development of agricultural enterprises. It is determined that business entities in the agricultural sector need to carry out investment and innovation activities to increase and maintain a high level of competitiveness. It is noted that at this stage of development of socio-economic systems there is a need to find modern information solutions to improve the innovation process and develop new concepts and technologies for managing investment and innovation development of enterprises. Digitization of the economy allows agricultural enterprises to carry out investment and innovation development in the direction of: creating a structured model of information flows and platforms that increase the efficiency of management decisions in agricultural production, storage, transportation and processing, including arrays of structured databases for storage, variety, the use of both the information itself (including in real time) and the results of its processing; development of analytical systems with closed algorithms for the formation of electronic databases, including information support for decision-making based on the biological productivity of the climate and the landscape of agricultural lands; development of precision farming systems and intelligent livestock management systems; formation of unified electronic databases of multi-stage accounting of agricultural products for further labeling and identification in food markets; development of elements of digital development of the agricultural sector (information system of resource management, electronic field system, electronic energy, electronic payment systems and settlement systems in the agricultural sector, electronic veterinary safety system, electronic agromarketing system, waste management system in agriculture and processing industry); use of electronic agrologistics, including a system of road maps and vehicle movements, electronic trading platforms for all types of agricultural products and more.

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