ANALYTICAL EVALUATION OF THE EFFECTIVENESS OF EQUITY MANAGEMENT IN AGRICULTURAL, FORESTRY AND FISHERY ENTERPRISES IN UKRAINE

##plugins.themes.bootstrap3.article.main##

##plugins.themes.bootstrap3.article.sidebar##

Published: Oct 31, 2024

  Alla Lysenko

  Vasylii Moskalenko

Abstract

The purpose of the research is to generalize the theoretical and methodological aspects and implementation an analytical evaluation of the effectiveness of the management of equity of agricultural, forestry and fishery enterprises of Ukraine using the data of official statistics on large, medium and small enterprises for ten years (2013-2022) as a basis for directing analysis results for the further search for reserves to improve the efficiency of equity management. Methodology. The basis of the research methodology is a dialectical approach, an analysis of data on the composition and structure of equity capital of agricultural, forestry and fishing enterprises of Ukraine for the period from 2013 to 2022 with the division of enterprises into large, medium and small using official statistical information, published on the website of the State Statistics Service of Ukraine. The results of the research showed that in the period from 2013 until 2022, the largest increase in the equity capital of agricultural, forestry and fishing enterprises of Ukraine was observed at the end of 2015 compared to the end of 2014 due to the simultaneous increase in the value of the indicator at enterprises of different sizes. In the structure of equity capital, the share of retained earnings (uncovered loss) was the most significant. In the vast majority of the research years, at average and small enterprises, cash revenue exceeded the amount of equity capital, while at large enterprises, from 2016 to 2022, equity capital made less than one turnover per year. As the calculations showed, large enterprises in the field of agriculture, forestry and fisheries of Ukraine do not properly take advantage of the possibilities of the influence of the scale of production on the formation of indicators of the efficiency of the use of equity. Practical implications. The practical significance of the obtained results lies in their focus on confirming the expediency of the further search for reserves to increase the efficiency of the use of equity, first of all, by large enterprises in the field of agriculture, forestry and fisheries of Ukraine. Value / Originality. The results of the conducted research serve as the basis for further in-depth analysis and search for reserves to increase the efficiency of equity management at different sized of business entities.

How to Cite

Lysenko, A., & Moskalenko, V. (2024). ANALYTICAL EVALUATION OF THE EFFECTIVENESS OF EQUITY MANAGEMENT IN AGRICULTURAL, FORESTRY AND FISHERY ENTERPRISES IN UKRAINE. Green, Blue and Digital Economy Journal, 5(2), 12-20. https://doi.org/10.30525/2661-5169/2024-2-2
Article views: 25 | PDF Downloads: 10

##plugins.themes.bootstrap3.article.details##

Keywords

equity capital, management, analysis, efficiency, agricultural, forestry and fishery enterprises

References

Brigham, E. E., & Ehrhardt M. C. (2014). Financial Management: Theory and Practice. Cincinnati South-Westem College Pub, 2014, 1163 p.

Dekhtyar, N. A., & Deineka O. V. (2015). Management of the equity of enterprises. Problems and prospects for the development of the banking system of Ukraine: a collection of scientific papers, Vol. 42, p. 81–90.

Ishchenko Y. P., & Galaida L. V. (2015). Theoretical basics of the formation of the eguity capital of the enterprise. Scientific Bulletin of Kherson State University: Economic sciences series, Vol. 15(1), p. 146–148.

Lee, C. F., Cheng, K. C., & Finnerty, J. E. (2020). Corporate Finance: Theory, Method and Applications. Harcount Brance Jovanovich Publishers. 765 p.

Lysenko, A. M. (2020). Components of the methodology for analyzing the financial statements of small enterprises. Scientific notes of TNU named after V. I. Vernadskyi, series Economics and management, Vol. 31(70), No 4, p. 119–125.

Lysenko, A. M. (2013). Features of compiling financial statements from 2013 and their impact on the formation of the algorithm for calculating key indicators applied in the process of analyzing the financial condition of the enterprise. State and regions, series Economy and entrepreneurship, Vol. 5(74), p. 68–73.

Mishchuk, E. V., & Mishchenko, V. V. (2015). Features of the equity management system of enterprises and ways to improve it. Agrosvit, Vol. 24, p. 46–49.

National regulation (standard) of accounting 1 “General requirements for financial reporting” (edition of 2018). Available at: https://zakon.rada.gov.ua/laws/show/z0336-13#Text

Silakova, G. V., & Petukhova, O. M. (2018). Modern views of equity management. Intelligence XXI, Vol. 3, p. 101–105.

State Statistics Service of Ukraine (2022). Available at: https://www.ukrstat.gov.ua/