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The role of capital of agricultural enterprises in providing heir financial security

The role of capital of agricultural enterprises in providing heir financial security

Abstract

The agro-industrial complex is an integral part and important component of the national economy development in Ukraine. In modern conditions, this industry plays a key role in ensuring food security of the country, introducing modern innovations in the production of agricultural products, their export, and filling budgets at all levels. An important role in ensuring stable functioning of agro-industrial enterprises in modern unforeseen circumstances is played by their capital. The internal reserves held by these business entities are now used by their owners to ensure the possibility of carrying out their own current activities. Raising the borrowed funds is a difficult task, especially for small and medium-sized agricultural enterprises. Accordingly, this determines a high level of relevance of scientific research on the functioning of agro-industrial enterprises, their financial condition and features of ensuring financial stability. The article primarily considered the content of such categories as “capital”, “financial security of the enterprise”. The existence of a significant number of scientific approaches to the consideration of their content is specified. This made it possible to identity the key features of the capital formation in agro-industrial enterprises based on the analysis of such approaches and specify the essence of the definition “financial security of the agro-industrial enterprise”. The analysis of the economic activity of these business entities allowed us to determine the specific features of ensuring financial security of these enterprises. It is established that the combination of agricultural activities and the production of agro-industrial products also only increases the number of factors that affect the functioning of agro-industrial enterprises, which requires the formation of effective systems for their prevention to maintain the level of financial security at the proper level. Within the article, the influence of capital in the formation of financial security of the agro-industrial enterprises are substantiated from the theoretical point of view, and the main features of this impact are highlighted. Accordingly, it is determined that such impact is multidimensional, and capital plays one of the key roles in ensuring financial stability of these business entities. It is established that the industrial enterprises, effectively using capital, has the ability to form reserve funds in case of threats from various sources, and their diversification allows ensuring stability of these processes.

У статті розглянуто теоретичні аспекти впливу капіталу агропромислових підприємств на формування необхідного рівня фінансової безпеки цих суб’єктів господарювання. Це було реалізовано на основі аналізу наукових підходів до розгляду сутності категорій «капітал», «фінансова безпека підприємства», що дозволило конкретизувати сутність дефініції «фінансова безпека агропромислового підприємства». У результаті виокремлення специфічних рис економічної діяльності таких підприємств конкретизовано особливості формування рівня їхньої фінансової безпеки. Також у статті обґрунтовано роль капіталу у формуванні цього виду безпеки та визначені особливості й можливості використання капіталу агропромисловими підприємствами для підвищення рівня власної фінансової безпеки з метою протидіяти зовнішнім непередбачуваним загрозам.

Keywords

капітал; агропромислове підприємство; фінансово-економічна безпека; аграрні підпри-ємства; інвестиційна діяльність; аграрний сектор; фінансова безпека підприємства, capital; agro-industrial enterprise; financial-economic security; agricultural enterprises; in-vestment activity; agrarian sector; financial sector of enterprise

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    influence
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    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
gold