Analytical Basis of Financial Stability Management as a Component of Strengthening the Financial and Economic Security of Agribusiness
(Pages 33-43)Stanislav Vasylishyn1*, Oksana Prokopyshyn2, Liudmyla Hnatyshyn3, Valentyna Yarova4, Svitlana Sherstiuk5 and Iryna Hodniuk6
1Department of Accounting and Taxation, National Scientific Centre “Institute of Agrarian Economics”, Heroiv Oborony str., 10, Kyiv, 03127, Ukraine; Additional Liability Company “Institute of Accounting and Finance”, Str. Heroiv Oborony, 10a, office 1, Kyiv, 03127, Ukraine.
2Department of Accounting and Taxation, Lviv National Environmental University, Volodymyra Velykoho str., 1, Dubliany, 80381, Ukraine.
3Department of Accounting and Taxation, Lviv National Environmental University, Volodymyra Velykoho str., 1, Dubliany, 80381, Ukraine.
4Department of Accounting, Audit and Taxation, State Biotechnological University, Alchevskykh str., 44, Kharkiv, 61002, Ukraine.
5Department of Law and European Integration, State Biotechnological University, Alchevskykh str., 44, Kharkiv, 61002, Ukraine.
6Department of Finance, Accounting and Taxation, Educational and Rehabilitation Institute of Higher Education “KamianetsPodilskyi State Institute”, Hodovantsia str., 13, Kamianets-Podilskyi, 32300, Ukraine.
DOI: https://doi.org/10.55365/1923.x2024.22.4
Abstract:
The agricultural sector is one of the dominant branches of the national economy of Ukraine, so the level of financial and economic security of agricultural enterprises depends on the overall level of the state's economy development and its financial stability. The purpose of the study is to improve the analytical basis of financial stability management as a component of strengthening financial and economic security (following the example of agribusiness of Ukraine). According to the results of the research, a scientific and methodological approach is justified, which is based on determining the influence of financial indicators on indicators of financial and economic security of agricultural enterprises and proves the influence of financial stability, business activity, solvency and profitability indicators on the coefficient of maneuverability of own capital as one of the basic indicators of economic security. It is substantiated that the positioning of own capital maneuverability within the established interval contours ensures financial stability, the efficiency of production and economic activity, which is the key to strengthening the financial and economic security of agribusiness. The novelty of the obtained results lies in the improvement of the analytical basis for managing the financial stability of agricultural enterprises thanks to the structural and logical unity of econometric approaches, as well as in the strengthening of the effectiveness of forecasting the parameters of financial and economic security and in the development of ways to strengthen it in conditions of uncertainty.
Keywords:
Agrarian Economics, Accounting and Analyze, Economic Security, Econometric Modeling, Equity Capital Maneuverability, Financial Security, Forecasting, Model Verification.
JEL Codes:
O12, O13, G32, M41, Q12.
How to Cite:
Stanislav Vasylishyn, Oksana Prokopyshyn, Liudmyla Hnatyshyn, Valentyna Yarova, Svitlana Sherstiuk and Iryna Hodniuk. Analytical Basis of Financial Stability Management as a Component of Strengthening the Financial and Economic Security of Agribusiness. [ref]: vol.22.2024. available at: https://refpress.org/ref-vol22-a4/
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