scholarly journals IMPROVEMENT OF FINANCIAL RESOURCES MANAGEMENT IN AGRICULTURAL ENTERPRISE

Author(s):  
S. Khalatur ◽  
D. Makhynia
Author(s):  
Svitlana Frunza ◽  
Olga Pavlova ◽  
Oksana Butkevych ◽  
Alona Hora

The purpose of the article is to study the impact of effective management of financial resources of agricultural machinery enterprises on the optimization of the use of enterprise resources to increase their competitiveness. Research methodology – in the process of research both general scientific methods (analysis, synthesis, concretization, classification) and special ones are used: system-structural and comparative researches, statistical-economic analysis. The scientific novelty lies in the substantiation of the importance of applying the system method to the management of financial resources of enterprises in this industry, which will increase the competitiveness of enterprises in domestic and foreign markets. The article considers the basics of financial resources management of agricultural machinery enterprises, identifies the stages of financial resources management. Difficult economic and political events in recent years have not escaped the field of agricultural engineering. Not only the business conditions of enterprises have changed, but also their number has decreased– the least competitive enterprises could not resist the influence of crisis factors and were forced to cease their activities, but such dynamics significantly limits Ukraine’s production potential and requires change due to active investment of inefficient enterprises. Conclusions. According to the results of the study, it is concluded that agricultural machinery under conditions of stable competition with the possibility of timely adaptation to changing market conditions, using the efficiency of financial resources management, is able to obtain strategic production stability and profitable sales. Rational organization and effective management of financial resources of an agricultural enterprise will have an impact on the financial and economic condition and competitive positions in the domestic and foreign markets of the enterprise during the management. Key words: financial resources, competitive enterprise, management, management system, agricultural engineering.


2020 ◽  
Vol 2 (7) ◽  
pp. 32-38
Author(s):  
S. S. BUDARIN ◽  
◽  
Yu. V. EL’BEK ◽  
V. O. VATOLIN ◽  
◽  
...  

In the context of the Moscow healthcare reform that has been carried out in recent years, the issues of evaluating the effectiveness of financing the healthcare system and the performance of medical organizations in providing medical care to the population are particularly relevant. Given the limited public resources allocated to the health sector, the quality of management of available financial, human and material resources is becoming more important. The article considers the application of the method of assessing the quality of resource management, introduced in Moscow since 2016, and its results in terms of evaluating the effectiveness of financial resources. It is revealed that the effectiveness of financial resources management is influenced by certain indicators that characterize the organization of management of the main activities of a medical organization.


2017 ◽  
Vol 16 (3) ◽  
pp. 63-71 ◽  
Author(s):  
Łukasz Satoła

This article describes investment activities of self-government territorial units. Its aim is to present the importance of investments for the provision of public services by municipalities. The opinions of the respondents about the causes of excessive or misguided investments and the ways of reducing their scale were presented. Surveys were conducted in 2015 and the temporal scope of the analysis is 2009–2014. The importance of investments for the provision of public services, shaping the living conditions of inhabitants, and conducting business activity were described. Based on that, overinvestment was identified as a negative trend in public resources management. The most frequent causes of excessive investment are megalomania of the municipality authorities and their desire to gain the support of the inhabitants (voters). Another important aspect is the lack of sufficient social control in the decision-making process regarding investment tasks execution. It was also demonstrated that overinvestment is due to the purpose of spending financial resources, not to the relative amount of investment expenses. Among the actions preventing excessive or misguided investments, the cost and benefit analysis was indicated the most often. Using strategic planning tools is also beneficial for the effectiveness of investing in self-government.


2020 ◽  
Vol 1 (383) ◽  
pp. 199-206
Author(s):  
А. К. Zhussupova ◽  
B. S. Utibayev ◽  
G. B. Utibayeva ◽  
D. Т. Ahmetova ◽  
R. М. Zhunusova ◽  
...  

The article outlines the issues of financial support provided to agricultural producers through a lending system. The results of the activities of credit partnerships were analyzed using the example of Credit Partnership (СP) Tselinogradskoye Limited Liability Partnership (LLP) in Akmola region and the agricultural enterprise Aktyk Agrofirm JSC. CP Tselinogradskoye LLP provides soft loans and subsidies at interest rates that are much lower than market rates. The performance of the credit partnership, which is ensured by annual monitoring by the CP of the targeted use of bank loans and borrowings, the financial condition of the business entity, as well as their collateral. The relationship of the results of production and financial activities of agricultural business entity and credit unions, reasonable given the specific data of participants who received loans due to improved their operational and financial performance. It is noted that the effectiveness of the use of financial resources, regardless of their structuring and affiliation, is expressed through indicators of productive production activities of the enterprise. It is substantiated that, based on the principles of a systematic approach, the optimization of the structure of the formation of financial resources should be considered from the point of view of interdependence and interaction with production efficiency.


Author(s):  
L. Obolentseva ◽  
V. Tretyak ◽  
I. Ternova ◽  
І. Sеgеdа ◽  
A. Shved

Abstract. The article suggests methodological support for the management of financial resources of domestic enterprises based on the definition of the key issues of financial management and its adaptation to existing economic conditions. It has been found out that for the construction of an effective system of financial resources management, it is advisable to take into account the following requirements: the existence of causal relationships between the elements of the system; dynamism, ability to change the qualitative state; possession of a parameter, the influence of which makes it possible to change the course of the economic process. It has been noted that when developing a budgeting system at an enterprise, it is always necessary to take into account the main limiting factors affecting the financial activity of an economic entity from which the budget calculation should begin. Determination of the preliminary set of budget indicators has been identified as the main task of designing a comprehensive budgeting system as a component of the financial resource management system. In order to guarantee the use of effective indicators by all participants in this process, it is necessary to simultaneously apply the principles of design «top-down» and «bottom-up». It has been pointed out that debt obligations are currently a big problem for domestic enterprises. The proposed methods of debt management allow managing the financial resources of the entity based on the definition of key positions of financial management. It has also been mentioned that one of the most important elements of the financial resources management system of an enterprise is risk management, which becomes an integral element and a subsystem of the strategic management of an economic entity. In turn, one of the most important elements of the risk management system in an enterprise is the assessment of financial risks. It has been noted that modern enterprises have the opportunity to use a wide range of methods for assessing financial risks, among which are such clusters of methods as statistical, analytical and expert. The conclusion has been made that in conditions of economic and social instability, economic entities should pay special attention to an integrated system of budgeting and risk management, since at present these two areas are the most important components of the effective management of financial resources of an enterprise. Keywords: financial resources management, enterprise, methodological support, assessment, level. JEL Classification M11, M31 Formulas: 9; fig.: 3; tabl.: 1; bibl.: 10.


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