Management of the Process of Formation of Financial and Credit Infrastructure to Support Agricultural Enterprises
Loading...
Date
2021-01
Authors
Andriushchenko, K.
Андрющенко, Катерина Анатоліївна
Андрющенко, Екатерина Анатольевна
Tkachuk, Vitalii
Lavruk, Vitalii
Kovtun, Vita
Ковтун, Віта Петрівна
Ковтун, Вита Петровна
Datsii, Oleksandr
Ortina, Ganna
Journal Title
Journal ISSN
Volume Title
Publisher
Sciedu Press
Abstract
The paper deals with the composition and functions of the financial and credit infrastructure of agricultural
enterprises, the necessity of development of its institutes is substantiated. The development of financial and credit
infrastructure is a vital part of any developed agricultural sector. Due to the length of the production cycle, the
seasonality of production and the associated nature of the formation of costs and stocks, agricultural enterprises lack
sources for continuous financing. The use of borrowed capital allows you to significantly expand the volume of
economic activities of the enterprise, ensure a more efficient use of its own funds, and accelerate the renewal of fixed
assets. In order to attract resources and, consequently, to invest in the agricultural sector, it is extremely important to
strengthen both agriculture and the financial sector. This requires a coherent strategy with consistent regulation and
policies that meet the needs of the sectors and correspond to the real capabilities of all actors in both sectors. The
paper proposes a methodology for calculating the integral indicator of the efficiency of participation of all economic
entities and financial and credit infrastructure of agricultural enterprises.
Description
Keywords
agriculture, sustainable agriculture, development, financial and credit infrastructure
Citation
Management of the Process of Formation of Financial and Credit Infrastructure to Support Agricultural Enterprises / Kateryna Andriushchenko, Vitalii Tkachuk, Vitalii Lavruk [et al.] // International Journal of Financial Research. – 2021. – Vol. 12, Iss. 1, January. – P. 137–143.