ISSN 2284-7995, ISSN Online 2285-3952
 

MODEL FOR EFFICIENCY EVALUATION OF FINANCIAL SECURITY MANAGEMENT OF JOINT STOCK COMPANIES OPERATING IN THE AGRICULTURAL SECTOR: A CASE STUDY OF UKRAINE

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 21 ISSUE 1
Written by Olena STASHCHUK, Tetiana SHMATKOVSKA, Mykola DZIAMULYCH, Myroslava KUPYRA, Nataliya VAHNOVSKA, Petro KOSINSKYI

The study identifies a set of approaches to the formation of a financial security management system of joint-stock companies of the agricultural sector of Ukraine based on providing opportunities to increase their capitalization. To do this, it is necessary to determine an effective method of assessing the effectiveness of financial security management based on the application of a system of financial indicators and criteria that have an impact on the financial security of the enterprises of the agricultural sector as the financial results of their activities. The peculiarities of taking into account the indicator of financial leverage as the most effective criterion for assessing financial security of enterprises of the agricultural sector of Ukraine are considered. Emphasis is placed on the need to take into account industry risk when assessing the effectiveness of financial security management of joint- stock companies, which operating in the agricultural sector of Ukraine. It is proved that the use of the proposed approaches to assess the effectiveness of financial security of enterprises of the agricultural sector of Ukraine management makes it possible to predict the specific impact of each individual factor and indicator of the state of the company's financial security. The practical importance of the proposed method for its use in the process of assessing the investment attractiveness of joint-stock companies operating in the agricultural sector of Ukraine is determined.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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