scholarly journals CREDIT WORTHINESS OF AGRICULTURAL ENTERPRISES

2020 ◽  
Vol 133 (5) ◽  
pp. 88-101
Author(s):  
Liudmyla HERBYCH ◽  
Larysa NETREBCHUK
Keyword(s):  
Credit Risk ◽  
Organic Production ◽  
Qualitative Assessment ◽  
Financial Indicators ◽  
Agricultural Enterprises ◽  
Factors Influencing ◽  
Agricultural Enterprise ◽  
Credit Worthiness ◽  
Information Basis ◽  
Potential Conditions

Background. Agriculture is a source of increased credit risk for banks and other lenders, which requires special approaches to assessing the credit worthiness of the enter­prises in this industry. The assessment improving of the credit worthiness of the agricu­ltural enterprises is one of the key scientific and practical problems. The aim of the article is to identify and systematize the factors influencing the level of credit worthiness of the agricultural enterprises. Materials and methods. The theoretical basis of the research is a systematic app­roach that has been used to identify and analyze the factors of credit worthiness of the agricultural enterprises. The methodological basis consisted of system-structural, compa­rative analysis and logical generalization methods. The information basis of the research is analytical materials, scientific researches, results of own researches. Results. The purpose of assessing the credit worthiness of the agricultural enterprise is to obtain a quantitative and qualitative assessment of the borrower’s activities by a cre­ditor. Based on this, creditor assesses the risk of lending and decides about the possibility and con­ditions of lending or refusal to the borrower. Existing methods of assessing the credit worthiness of the agricultural enterprises do not often take into account the peculiarities of their activities, which directly affect the ability of these enterprises to repay the loan. During the assessing the credit worthiness of the agricultural enterprise, it is appropriate to take into account financial indicators that characterize its financial position and non-financial factors that describe the actual and potential conditions of its management. Based on the results of systematization of existing approaches and own conclusions, it is proposed to classify the factors influencing the credit worthiness of the agricultural enterprises by the source of influence on the company, the possibility of influence by the company, the method of measurement, nature. Conclusion. The article presents the author’s vision of the classification factors influencing the agricultural enterprises ability to obtain credit and expand their list by addition them with factors of soil quality and organic production, which will reduce the credit risk of financial institutions in lending.

scholarly journals Improving the efficiency of corporate management of agricultural enterprises

2021 ◽  
Vol 262 ◽  
pp. 03001
Author(s):  
Sergey Yekimov ◽  
Vladimir Purtov ◽  
Ievgen Buriak ◽  
Dmytro Kabachenko ◽  
Anastasiia Poltorak
Keyword(s):  
Financial Stability ◽  
Financial Analysis ◽  
Management Accounting ◽  
Analysis Data ◽  
External Factors ◽  
Corporate Management ◽  
Financial Indicators ◽  
Agricultural Enterprises ◽  
Agricultural Enterprise ◽  
Strategic Goals

Financial indicators play an important role in the management of an agricultural enterprise. the tasks of the management of the agricultural enterprise are to control the efficiency of employees and maintain the financial stability of the enterprise. In this paper, the problem of ensuring effective management of an agricultural enterprise was investigated. The activity of an agricultural enterprise depends on the influence of external factors: political and legal, technical and economic, ecological and economic, demographic, socio-cultural. We studied the question of how to take into account the influence of variable external factors in the management of an agricultural enterprise. Traditional methods based on financial analysis data, in our opinion, do not fully reflect the situation in the agricultural enterprise. International management accounting standards are optional, but they allow for the use of more flexible indicators in management accounting that take into account the activities of a particular agricultural enterprise. This will facilitate short - and medium-term planning at the agricultural enterprise and facilitate the achievement of the enterprise’s tactical and strategic goals.

scholarly journals Environmental Impacts and Attitudes of Agricultural Enterprises for Environmental Protection and Sustainable Development

Agriculture ◽  
2020 ◽  
Vol 10 (10) ◽  
pp. 440
Author(s):  
Zuzana Juríčková ◽  
Zuzana Lušňáková ◽  
Marcela Hallová ◽  
Elena Horská ◽  
Monika Hudáková
Keyword(s):  
Sustainable Development ◽  
Environmental Protection ◽  
The Self ◽  
Enterprise Management ◽  
Ecological Stability ◽  
Chi Square ◽  
Agricultural Enterprises ◽  
Agricultural Enterprise ◽  
State Of The Environment ◽  
Lay Public

Recognising that implementing an agricultural enterprise impacts the state of the environment, its ecological stability, and the self- regulatory capabilities of ecosystems, the aim of this paper is to acquaint the professional and lay public about the attitudes of Slovakian agricultural enterprises towards environmental protection and sustainable development. The paper draws attention to present methods, techniques, and tools that enterprise management are applying for the purpose of meeting and overcoming environmental challenges. The data for this research were obtained from controlled interviews and a questionnaire survey conducted across more than 90 agricultural enterprises. Based on the data outcomes, research premises and formulated research hypotheses put forward are verified by using Friedman, Wilcoxon, Kruskal–Wallis, and Pearson chi-square tests. Discussion of the findings points out that although Slovakia is not yet one of the most polluting countries, promoting the application of environmental protection approaches for sustainable development is of the essence. The most important agriculturally related step, mitigating environmental degradation, is to promote changes in the moral values of agricultural enterprises and the society through enhanced environmental awareness and application practices.

scholarly journals MAIN PROBLEMS OF DETECTION OF TRANSACTION COSTS IN ACCOUNTING-INFORMATION PROVIDED MANAGEMENT OF AGRICULTURAL ENTERPRISES AGRICULTURAL ENTERPRISES IN THE LIVESTOCK INDUSTRY

2020 ◽  
pp. 126-132
Author(s):  
Dmytro Liudvenko
Keyword(s):  
Transaction Costs ◽  
Information Management ◽  
Agricultural Sector ◽  
Institutional Environment ◽  
Economic Environment ◽  
Livestock Industry ◽  
Agricultural Enterprises ◽  
Doing Business ◽  
Agricultural Enterprise ◽  
Livestock Sector

Introduction. The article describes the market and globalization exacerbate the problem of competitiveness of products, enterprises, states. The role of accounting-formation support is increasing for the management, socioeconomic and environmental basis of the competitiveness of enterprises in the livestock sector. Accounting in the agrarian sector has unquestionable success. It is demonstrated clearly by the identification of transaction and transaction costs in the livestock industry today. The importance of accounting are achievements in the agricultural sector. The accountants' attention and therefore at all levels of management are not isolated in accounting standards for these costs in the economic activity of an agricultural enterprise. Purpose. The task is to substantiate: The need to isolate the composition of transaction costs in accounting accounts. We must to ensure competitiveness in the new economic environment. It is requires accounting and information management of agricultural enterprises engaged in the livestock industry. Results. Scientists are suggest: transaction costs depend on the institutional environment in which the agrarian business operates. It makes impossible to directly influence such costs. The problem of competitiveness transaction costs are of great importance.We must require greater control at all levels of management. It is requires appropriate response of accounting specialization in accountingThe information management of agricultural enterprises engaged in the livestock industry. It should be emphasized: Transaction costs have become particularly important in the socio-economic environment over the last century. This component operates outside the scope of transformational costs. This component has a significant impact on the convenience of doing business in agriculture. The presence of these costs derive from the availability and clarity of accounting. The information management of agricultural enterprises engaged in the livestock sector . This is determine the competitiveness of economies.

scholarly journals Marketing management in the activity of agricultural enterprises

2020 ◽  
Vol 11 (1) ◽  
pp. 5-15
Author(s):  
Т. I. Balanovska ◽  
◽  
V. V. Voskolupov ◽  
Keyword(s):  
Agricultural Sector ◽  
Management Program ◽  
Management Control ◽  
Marketing Management ◽  
Target Market ◽  
Successful Operation ◽  
Management Tools ◽  
Agricultural Enterprises ◽  
Agricultural Enterprise ◽  
The Impact

The article studies the role of marketing management in the activity of agricultural enterprises. The agricultural sector is one of the key sectors of the Ukrainian economy, the core component of which is agricultural production. The findings of the article show the fact that a significant number of agricultural enterprises are unprofitable, with their share in the total number of enterprises accounting for 13.3%. Their performance largely depends on the impact of the extremely complex, dynamic and uncertain environment. The article suggests that only the businesses possessing the ability of adequate adjustment to the environment with taking precautions against negative effects timely and using opportunities the fullest ensure their competitiveness and profitability of their activity in the long run. The article determines marketing management tools to be relevant for ensuring successful operation of agricultural enterprises under modern conditions, for there is a need to find new approaches to managing enterprise activities. The article reveals the essence of marketing management; offers the interpretations of the concepts of "marketing management" and "management of marketing" given by the Ukrainian scientists and foreign researchers; and studies the difference between them. The article suggests that marketing management is a broader concept than management of marketing due to the fact that it is management of all general and individual functions of enterprise, as well as all divisions of enterprise on the basis of marketing. Marketing management considers marketing and management inseparably - they also mutually penetrate and complement each other. The main goal of marketing management is to increase profitability of enterprise by achieving maximum customer satisfaction. Based on the generalization of different views of scientists, the main stages of a marketing management process at agricultural enterprise are identified and characterized, including analysis of internal and external environment, selection of target market segments, marketing strategy formation, marketing complex development, organizational structure construction, marketing management program formation and marketing management control and analysis. The process of marketing management at agricultural enterprise contains a number of specific procedures aimed at research and formation of the demand of target consumers and comprehensive satisfaction of their needs. The findings of the research prove that the use of marketing management tools will help ensure the market orientation of agricultural enterprise, which provides a focus on success, timely adaptation to the environment, gaining a leading position in the market, providing competitive advantage.

scholarly journals PROSPECTS FOR ORGANIC PRODUCTION MARKET DEVELOPMENT IN UKRAINE AND THE WORLD

2019 ◽  
pp. 38-48
Author(s):  
Olha KHAIETSKA
Keyword(s):  
Agricultural Land ◽  
Economic Benefits ◽  
Domestic Market ◽  
Organic Production ◽  
Basic Principles ◽  
Current State ◽  
Agricultural Enterprise ◽  
Organic Products ◽  
The World ◽  
Certified Organic

The article describes the current state of development of the world and domestic market of organic products, countries where there are the highest rates of development of certified production, countries with the highest consumption of organic products per capita and countries with the largest areas of organic agricultural land. The organic products market in Ukraine has been analyzed from the beginnings to the present state, indicating all stages of development and the problems that have arisen, as well as the basic laws on organic production, certified organic products, countries and companies operating on the domestic market. The area of land with organic status, the total number of certification bodies, the number of operators in this market in the regions of Ukraine is indicated. In the article a comparative analysis of Ukrainian organic production with world production is conducted, the countries-leaders for the areas occupied by organic production are specified. The list of certified in Ukraine types of organic products, which are consumed both on the domestic market and exported to different countries of the world, is determined. The article deals with the dynamics of the internal market of organic products for 2002-2017 years. The basic principles of organic agriculture, which focus on the preservation of the environment and natural resources, are presented and a mechanism for promoting organic production by agricultural enterprise. The benefits of this production are also described, including: health benefits, environmental, social and economic benefits. The urgent problems of the organic products market are determined, directions of state policy in the field of organic production are proposed, which will promote the development of organic production in Ukraine and the circulation of domestic organic products in the world.

scholarly journals Factors influencing and dynamics of the agricultural insurance market

VUZF Review ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 42-49
Author(s):  
Nataliya Tanklevska ◽  
Vitalina Yarmolenko
Keyword(s):  
Crop Production ◽  
Agricultural Sector ◽  
The State ◽  
Insurance Market ◽  
Insurance Companies ◽  
Agricultural Insurance ◽  
Agricultural Producers ◽  
Agricultural Enterprises ◽  
Insurance Sector ◽  
Factors Influencing

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.

scholarly journals Digitalization in Realization of Ecological and Economic Principles of Managing Sustainable Development of Agrarian Enterprises

2020 ◽  
pp. 29-36
Author(s):  
М.V. Zos-Kior ◽  
V.Y. Ilin ◽  
I.M. Kyryliuk ◽  
O.V. Solod
Keyword(s):  
Sustainable Development ◽  
Rural Communities ◽  
Rural Areas ◽  
Business Models ◽  
Business Partnerships ◽  
Agricultural Producers ◽  
The Sustainable Development ◽  
Agricultural Enterprises ◽  
Human Needs ◽  
Agricultural Enterprise

The article describes the digitalization of ecological and economic principles of agricultural enterprise development management. It presents effective techniques for adapting enterprises to the challenges of the smart economy, which changes human needs, products, services, value chains, markets, processes, business models, forms of competition and business partnerships. The article proves the efficiency of precision farming, which includes parallel driving, yield mapping, differentiated application of seeds and fertilizers. It is determined that the lack of systemic demand for digital solutions from domestic agricultural enterprises and rural communities and unpreparedness (strategic, financial, technological, personnel, organizational, etc.) of most enterprises and communities to cardinal innovations significantly deter the formation of smart agribusiness in Ukraine. The article describes the system of measured indicators and capabilities of the Hummingbird Technologies platform and consequences of its implementation for land management, in particular normalized relative biomass index, leaf surface index, crop heterogeneity map, plant lodging risk map, weed map, seedling density map, electronic maps creation tasks, task map for differentiated desiccation, task map for differentiated application of herbicides, task map for differentiated application of growth regulators in plants. It justifies the need to intensify the work of rural a community, which try to communicate with agricultural producers on mutually beneficial terms and with other stakeholders for the sustainable development of rural areas. The issues of participation of rural communities in projects to increase soil fertility, organization of organic farms, service cooperatives, which are directly or indirectly related to the effective management of environmental and economic development of agricultural enterprises. The article shows the necessity of professional development of business engineers, personnel and strengthening of role of analytics for agricultural enterprises to digitalize the economic activity.

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 COMPARATIVE ANALYSIS OF THE OPTIMAL PLAN OF RESOURCE MANAGEMENT

2021 ◽  
pp. 97-114
Author(s):  
Oleksii KOCHETKOV ◽  
Julia AFANASOVA
Keyword(s):  
Dynamic Programming ◽  
Comparative Analysis ◽  
Resource Management ◽  
Management Practices ◽  
Maximum Level ◽  
Economic Benefits ◽  
Optimal Plan ◽  
Resource Potential ◽  
Agricultural Enterprises ◽  
Agricultural Enterprise

The prerequisites of optimal plan for resource management of an agricultural enterprise to get the maximum profit with ensuring acceptable dynamics of resource potential are analyzed in the article. It is established that the maximum level of economic return is possible in special condition with corresponding alternation of resource-restoring and intensive mode. Moreover, the intensive mode is inefficient in special economic conditions due the aftereffect of this mode critically reduces the resource potential of an agricultural enterprise. It is proved that the optimal plan of the proposed mechanism resource management has common features with an intensive resource using mode than with a resource-restoring one. It indicates about the economic orientation of optimal resource management. The resource-restoring practice is a necessary tool for ensuring a sustainable level of resource potential. Based on the results of a comparative analysis with alternative scenarios for the development of resource management practices, the effectiveness of the optimal plan is proved. Effective management of production conditions that form the resource potential of agricultural enterprises creates competitive advantages in the form of additional economic benefits. This is a necessary prerequisite for the reproduction of resources of an agricultural enterprise as the basis of sustainable development of agricultural enterprises. It is proposed to use the principles of dynamic programming in the resource management of agricultural enterprises. Dynamic programming is defined as an effective alternative to adaptive mechanisms for improving the management of the resource potential of agricultural enterprises. The main advantage is the implementation of the goal-setting function of the management system in the system of strategic planning of enterprise development.

Sign in / Sign up

Export Citation Format

Share Document