scholarly journals The formation of the investment strategy of agricultural enterprises

2019 ◽  
pp. 13-16
Author(s):  
Alona PROKOPCHUK ◽  
Lidiia KOSTYRKO
Keyword(s):  
Development Strategy ◽  
Agricultural Sector ◽  
Optimal Investment ◽  
Developed Countries ◽  
Investment Strategy ◽  
Credit System ◽  
Enterprise Development ◽  
Investment Activity ◽  
Investment Projects ◽  
Agricultural Enterprises

By and large, investments provide the mechanism needed to finance, develop and grow the economy. In all developed countries the agricultural economy enjoys state support. Investors consider the current state of the investment climate in Ukraine as unsatisfactory. There are a number of factors: a sharp reduction in government funding, the absence of an efficient credit system, a tight tax policy. Credit and banking organizations also do not want to finance in the agricultural sector, as there are risks. Basically, businesses rely only on their own funds. In this article, we will reveal the prerequisites, essence and consistency of the formation of the investment strategy of agricultural enterprises. At present the tool for ensuring the efficiency of agricultural enterprise development management is to formulate and implement an optimal investment strategy. The process of forming an investment strategy involves the selection of objects of strategic management of the organization. Such objects are investment activity of the enterprise as a whole, strategic economic zones and investment projects. The enterprise development strategy is also focused on attracting internal and external investments. Instruments of investment activity of the enterprise can be divided into financial and non-financial.

China's International Investment Strategy

2019 ◽  
Keyword(s):  
Development Strategy ◽  
Foreign Investment ◽  
Developed Countries ◽  
Investment Strategy ◽  
International Investment ◽  
Bilateral Investment Treaties ◽  
Open Door Policy ◽  
Outward Fdi ◽  
Investment Law ◽  
Investment Treaties

The phenomenal story of China’s ‘unprecedented disposition to engage the international legal order’ has been primarily told and examined by political scientists and economists. Since China adopted its ‘open door’ policy in 1978, which altered its development strategy from self-sufficiency to active participation in the world market and aimed at attracting foreign investment to fuel its economic development, the underlying policy for mobilizing inward foreign direct investment (IFDI) remains unchanged to date. With the 1997 launch of the ‘Going Global’ policy, an outward focus regarding foreign investment has been added, to circumvent trade barriers and improve the competitiveness of Chinese firms, typically its state-owned enterprises (SOEs). In order to accommodate inward and outward FDI, China’s participation in the international investment regime has underpinned its efforts to join multi-lateral investment-related legal instruments and conclude international investment agreements (IIAs). China began by selectively concluding bilateral investment treaties (BITs) with developed countries (major capital exporting states to China at that time), signing its first BIT with Sweden in 1982. Despite being a latecomer, over time China’s experience and practice with the international investment regime have allowed it to evolve towards liberalizing its IIAs regime and balancing the duties and benefits associated with IIAs. The book spans a broad spectrum of China’s contemporary international investment law and policy: domestic foreign investment law and reforms, tax policy, bilateral investment treaties, free trade agreements, G20 initiatives, the ‘One Belt One Road’ initiative, international dispute resolution, and inter-regime coordination.

STRATEGIC PROSPECTS FOR INNOVATION DEVELOPMENT OF AGRICULTURAL SECTOR OF CHERKASY REGION

2017 ◽  
Author(s):  
Viktoriia Zhmudenko ◽  
◽  
Mykola Diachenko ◽  
Keyword(s):  
Development Strategy ◽  
Agricultural Sector ◽  
Raw Materials ◽  
Industrial Sector ◽  
State Regulation ◽  
Innovative Activity ◽  
Innovative Development ◽  
Agricultural Enterprises ◽  
Industrial Enterprises ◽  
Effective Development

The article analyzes the current state of production activities of the agricultural sector of Cherkasy region economy, its organizational and legal structures and identifies strategic directions for its development. It is proved that the priority solution of urgent problems, such as: redistribution of land and property; restructuring of enterprises and forms of management; development of cooperation; introduction of market management methods - management and marketing; state regulation of the agricultural economy, financial, credit and tax systems; development of markets for agricultural products, material and technical resources and services; intensification and diversification of foreign economic activity will contribute to the development of the agro-industrial sphere of Cherkasy region. It is determined that the years 2021-2027 should be considered the strategic period, during which the provision of the country's population with food at the level of scientifically sound standards, growth of export potential and reduction of imports should be achieved. The necessity of introduction of innovative activity and process of innovations introduction in the production activity of the agricultural enterprises which are a basis of economic growth is proved. Obstacles to the innovative development of the regional agricultural sector are analyzed. The priority directions of innovative development of agro-industrial enterprises are indicated. The need to develop an innovative policy of agricultural enterprises in order to increase the efficiency of their operation is determined. It is noted that the priority of the agro-industrial sector development of Cherkasy region and its leading industries will provide the population with food products, industry with raw materials, and foreign trade with the export goods. It is established that innovative activity in agricultural enterprises is a decisive factor in the effective development and increase of agricultural production, significant changes in its structure, reassessment of the motivation system that meet the current principles of the Cherkasy Region Development Strategy for 2021-2027, which determines key vectors of the region in the long-term.

TREND INSTRUMENTS OF AGRICULTURAL ENTERPRISE FINANCING UNDER MODERN ECONOMIC CONDITIONS

2018 ◽  
Author(s):  
Nadiia Hryshchuk ◽  
Keyword(s):  
Small Businesses ◽  
Agricultural Sector ◽  
Theory And Practice ◽  
Financial Security ◽  
Innovative Development ◽  
Credit System ◽  
Educational Work ◽  
Agricultural Enterprises ◽  
Long Run ◽  
Modern Economic

The article considers the views of scientists on the problems of financial security of the agricultural sector of the economy, their significant contribution to the creation and development of theory and practice of financial security of small and medium-sized agribusiness. It is noted that financial security is one of the most important factors influencing the efficiency of agricultural enterprises. The credit instruments of financial support of development of the enterprises of agrarian business in the modern economic environment are characterized. Agrarian receipts are singled out as a direction of financing small and medium agrarian enterprises. The importance of agrarian receipts as one of the most dynamic ways to attract financial resources and development of small and medium agrarian business of Ukraine is substantiated. Other promising instruments of financial and credit support have been identified, which allow small businesses in the agricultural sector to function effectively, to improve the efficiency of agricultural production. It is determined that the use of effective credit instruments provides innovative development of agricultural enterprises. In order to form an effective policy of financing agricultural enterprises, measures aimed at increasing the transparency of agribusiness are needed; development of support infrastructure and educational work among small businesses; unconventional but effective methods of lending to agricultural producers. It is proposed to introduce new, effective financial and credit instruments in the agricultural sector of Ukraine in modern conditions, which in the long run will ensure the innovative development of the national credit system, taking into account the experience of countries with developed competitive economies.

scholarly journals INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTOR

2020 ◽  
Vol 18 (Suppl.1) ◽  
pp. 607-613
Author(s):  
D. Stoyanova ◽  
D. Stoyancheva
Keyword(s):  
Empirical Data ◽  
Agricultural Sector ◽  
Positive Influence ◽  
Innovation Activity ◽  
Investment Activity ◽  
Agricultural Enterprises ◽  
State Grants ◽  
The Impact ◽  
Positive Effect

This report aims to analyze the impact of state grants upon the effectiveness efficiency of the enterprises in the Agricultural sector. The presence/absence of the correlation between the “received state grants - financial results from the activity of the agricultural enterprises” was studied. The efficiency of agricultural enterprises is expressed through the indicators of profitability and productivity. The empirical data for a period of 10 years 2008 – 2017 were shown in the study. The main activities of the surveyed enterprises are crop, livestock and combined - crop-livestock. Based on the results obtained, it is expected that the receipt of grants will have a positive influence on the performance of enterprises in the agricultural sector, measured by indicators of effectiveness and productivity. The following research hypotheses have been proved: the positive effect of the grant is more obvious in larger agricultural enterprises, which have higher productivity and profitability compared to small and medium-sized farms; agricultural enterprises which receive grants and are characterized by higher investment activity and are also characterized by higher innovation activity; based on the predominant number of crop enterprises, it is assumed that this type of activity leads to the achievement of higher financial results as a result of the activity of the agricultural enterprises; the age of the enterprises, expressed through the years of their activity, contributes significantly to higher profitability and productivity of the carried out activity.

The Main Directions of Sustainable Development of Agricultural Production

2018 ◽  
Vol 9 (1) ◽  
pp. 67
Author(s):  
Baglan AIMURZINA ◽  
Mazken KAMENOVA ◽  
Ainura OMAROVA ◽  
Aldanysh NURUMOV ◽  
Galina PESTUNOVA ◽  
...  
Keyword(s):  
Sustainable Development ◽  
Development Strategy ◽  
Agricultural Production ◽  
Financial Regulation ◽  
Agricultural Sector ◽  
Main Task ◽  
Industrial Complex ◽  
Agricultural Enterprises ◽  
Agrarian Policy ◽  
Special Approach

This article notes that the main task of sustainable development of agricultural production in Kazakhstan is a special approach to its financial provision and financial regulation. Features of the circulation of funds in the organization of finance of agricultural enterprises which are a combination of relations with regard to the formation, distribution and use of funds, determine the search for the main sources of income of financial resources in the agricultural sector. The aim of the research is that one of the directions of sustainable development of agricultural production and adjustment of Kazakhstan's agrarian policy should be an investment development strategy based on the current situation in the agro-industrial complex of Kazakhstan. Transfer of agro industrial complex to the industrial-innovative way of development on the basis of strengthening of its material and technical base, growth of competitiveness of agricultural production assumes an increase in financing of the agro-industrial complex.

scholarly journals Investment support for effective development of agro-industrial enterprises of Lviv region

2020 ◽  
Vol 22 (96) ◽  
pp. 28-34
Author(s):  
R. Myniv ◽  
H. Mokrytska
Keyword(s):  
Agricultural Sector ◽  
The State ◽  
Positive Trend ◽  
Main Task ◽  
Industrial Complex ◽  
State Budget ◽  
Investment Activity ◽  
Agricultural Enterprises ◽  
Industrial Enterprises ◽  
Regional Budget

Investing in agro-industrial enterprises ensures the competitiveness of agro-industrial formations through the use of innovations to improve their positions in both domestic and foreign markets; achieving economic and food security; improving the social infrastructure of the village translator. Investment activity is a determining factor in the effectiveness of the formation and use of investment potential of agricultural enterprises. The analysis of statistical data on the volume of investments in agricultural enterprises of Lviv region at the expense of district budgets in 2019–2020 indicates an increase in investment resources invested in Horodok, Zolochiv and Stryj districts. However, the total approved amount of investments in the region in 2020 (1913.0 thousand UAH) decreased by 2.3 times compared to the funded volume in 2019 (4394.9 thousand UAH), which indicates the unstable rate of investment activity of investments in agro-industrial enterprises in terms of districts of Lviv region. During 2016–2020, there is a positive trend to increase the share of investments in the agro-industrial complex of Lviv region from the budgets of all levels, which, given the leading role of the national agricultural sector, is quite natural. This figure will reach its maximum value in 2020, which is 15.3 more than in 2016, at the expense of the state budget and 1.6 times more – at the expense of the regional budget. During 2019 (52 enterprises) 2.5 times compared to 2016 (22 enterprises) increased the number of agricultural enterprises in Lviv region, which used the program of interest compensation on loans in the amount of 68.4 million UAH. at the expense of the regional budget, which is 3.1 times more than in 2016 (UAH 22.0 million). The program of compensation of interest on loans from the state budget in 2019 was used by 41 enterprises of the agro-industrial complex of Lviv region, which is 3.2 shirts more than in 2016. However, funding decreased from UAH 334.1 million. in 2016 to UAH 173.8 million. in 2019. In 2019, UAH 11.5 million was financed for the implementation of business plans at the expense of soft loans of Lviv region. at the expense of the state budget and UAH 6.8 million. at the expense of the local budget. This allowed 34 businesses to purchase 14 units of agricultural machinery, plant 18.7 hectares of orchards and berries, purchase 24 heads of breeding animals, 21 formations to modernize technological processes and create an additional 30 jobs. Investments are an important guarantee of effective economic development of any enterprise, region, country. At the present stage, the main task is to take all possible measures to create an attractive investment climate and intensify investment processes at both the regional and national levels.

scholarly journals Methods of multi-criteria evaluation of economic efficiency of investment projects

2021 ◽  
pp. 93-98
Author(s):  
Oksana Isai ◽  
Olha Romashko ◽  
Andriy Semenov ◽  
Tetiana Sazonova ◽  
Ivanna Podik ◽  
...  
Keyword(s):  
Economic Efficiency ◽  
Investment Project ◽  
Optimal Investment ◽  
Stable Operation ◽  
Investment Activity ◽  
Investment Projects ◽  
Advantages And Disadvantages ◽  
Investment Option ◽  
Fierce Competition ◽  
High Level

In the context of globalization and fierce competition in world markets, the high level of investment activity in the country is a key to economic and innovative development. The high level of wear and tear of fixed assets in developing countries gives special relevance to solving the problem of attracting investments for production development. Hence, for the investment management system choosing an optimal variant among several available investment projects is one of the most responsible stages of ensuring the stable operation and sustainable development of an enterprise. In this regard, the aim of the article is to develop a comprehensive multi-criteria approach to choose the best investment option. The article analyzes the existing methodological approaches to assess the economic efficiency of the investment projects, identifies their advantages and disadvantages. A multi-criteria method of investment project evaluation is proposed, which is characterized by the absence of restrictions on the number of individual evaluation indicators and the possibility for the investor to determine the significance of every indicator using weights independently. The use of the proposed methodology by enterprises will improve the quality of management decisions at the stage of choosing the optimal investment option.

scholarly journals Utilisation of subsidy in a program-directed support of agricultural loans

2012 ◽  
Vol 52 (No. 7) ◽  
pp. 311-320 ◽  
Author(s):  
V. Bečvářová
Keyword(s):  
Interest Rates ◽  
Agricultural Sector ◽  
Point Of View ◽  
Allocation Of Resources ◽  
Enterprise Development ◽  
Agricultural Enterprises ◽  
Agricultural Enterprise ◽  
Decision Making System ◽  
Main Instrument ◽  
High Level

The paper is focused on the performance measurement of the Support and Guarantee Fund for Farmers and Forestry (SGFFF) as the main instrument of capital reinforcement of Czech agricultural enterprise development. Its principles as well as the function from the point of view of agricultural enterprises, restructuring and allocation of resources and the reason why the subsidies of the supported loans’ interest rates have been employed are cleared up there. The results are discussed upon an analysis of the Fund’s activity. According to them, it can be claimed that the Fund has became an important part of supports for the agricultural sector development in the last ten years. From the point of view of the criteria of supported loans allocation, it was ascertained that the level of support has not been derived from the different natural and soil qualities primarily. The economic results and a high level of the prosperity have been evaluated as the main criteria for the decision-making system regarding an effective restructuring of agriculture and improving its competitiveness.

INVESTMENT OF AGRICULTURAL SECTOR OF ECONOMY IN CRISIS

2015 ◽  
Vol 2 (2) ◽  
pp. 41-48
Author(s):  
Liudmyla Ievchuk
Keyword(s):  
Foreign Investment ◽  
Agricultural Sector ◽  
Financial Resources ◽  
Investment Activity ◽  
Investment Projects ◽  
Agricultural Business

Features of investment activity in crisis were considered in the article. The possibility of participation of small and medium agricultural business in foreign investment projects was studied. It is substantiated that efforts and time have to be invested in the project at first. Speech about financial resources has to be said in the last turn.

scholarly journals Investment potential of the agrarian sector of economy of Ukraine: formation and development

Ekonomika APK ◽  
2020 ◽  
Vol 308 (6) ◽  
pp. 49-58
Author(s):  
Tetiana Matsybora
Keyword(s):  
Agricultural Sector ◽  
Value Added ◽  
Practical Significance ◽  
Investment Efficiency ◽  
Capital Investments ◽  
Investment Activity ◽  
Agricultural Enterprises ◽  
Gross Value Added ◽  
Analysis And Synthesis ◽  
State Programs

The purpose of the article is to assess the investment potential of the national agricultural sector of the economy and the potential of its development (potential volumes of gross value added, taking into account the real level of investment efficiency) in the conditions of revitalization of investment activity of agricultural enterprises through expansion of their credit and investment potential. Research methods. Methods: dialectical method of scientific cognition, analysis and synthesis, systemic generalization (generalization of definition approaches to the definition of the investment potential of agricultural enterprises and the formation of conclusions), methods of abstraction, comparison and imaginary experiment (in assessing the investment potential of capital investments and potential gross value added in agriculture, forestry and fisheries, taking into account the actual level of investment efficiency). Research results. The approaches to determining the essence of the category «investment potential» are substantiated and the investment potential of the national agricultural sector of the economy is assessed. The potential volumes of gross value added of products in agriculture, forestry and fisheries into account the actual level of investment efficiency in the conditions of credit and investment potential expansion are calculated. Scientific novelty. Based on the generalization of approaches to determining the investment potential of agricultural enterprises, the principles of formation and development of investment potential of the agricultural sector of the economy by expanding the credit component are substantiated. Practical significance. Conclusions, suggestions and practical recommendations can be used in the formation of investment programs and projects in agriculture and the development of state programs for the development of the agricultural sector of the economy of Ukraine. Tabl.: 1. Figs.: 5. Refs.: 14.

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