INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTOR

This report aims to analyze the impact of state grants upon the effectiveness efficiency of the enterprises in the Agricultural sector. The presence/absence of the correlation between the “received state grants - financial results from the activity of the agricultural enterprises” was studied. The e...

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Main Authors: D. Stoyanova, D. Stoyancheva
Format: Article
Language:English
Published: Trakia University 2020-12-01
Series:Trakia Journal of Sciences
Subjects:
Online Access:http://tru.uni-sz.bg/tsj/TJS%20-%20Suppl.1,%20Vol.18,%202020/97_D.Stoyanova.pdf
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author D. Stoyanova
D. Stoyancheva
author_facet D. Stoyanova
D. Stoyancheva
author_sort D. Stoyanova
collection DOAJ
description This report aims to analyze the impact of state grants upon the effectiveness efficiency of the enterprises in the Agricultural sector. The presence/absence of the correlation between the “received state grants - financial results from the activity of the agricultural enterprises” was studied. The efficiency of agricultural enterprises is expressed through the indicators of profitability and productivity. The empirical data for a period of 10 years 2008 – 2017 were shown in the study. The main activities of the surveyed enterprises are crop, livestock and combined - crop-livestock. Based on the results obtained, it is expected that the receipt of grants will have a positive influence on the performance of enterprises in the agricultural sector, measured by indicators of effectiveness and productivity. The following research hypotheses have been proved: the positive effect of the grant is more obvious in larger agricultural enterprises, which have higher productivity and profitability compared to small and medium-sized farms; agricultural enterprises which receive grants and are characterized by higher investment activity and are also characterized by higher innovation activity; based on the predominant number of crop enterprises, it is assumed that this type of activity leads to the achievement of higher financial results as a result of the activity of the agricultural enterprises; the age of the enterprises, expressed through the years of their activity, contributes significantly to higher profitability and productivity of the carried out activity.
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spelling doaj.art-648bd1a43e054c6593d0f1388b0743052022-12-21T19:55:27ZengTrakia UniversityTrakia Journal of Sciences1313-35512020-12-0118Suppl. 160761310.15547/tjs.2020.s.01.097INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTORD. StoyanovaD. StoyanchevaThis report aims to analyze the impact of state grants upon the effectiveness efficiency of the enterprises in the Agricultural sector. The presence/absence of the correlation between the “received state grants - financial results from the activity of the agricultural enterprises” was studied. The efficiency of agricultural enterprises is expressed through the indicators of profitability and productivity. The empirical data for a period of 10 years 2008 – 2017 were shown in the study. The main activities of the surveyed enterprises are crop, livestock and combined - crop-livestock. Based on the results obtained, it is expected that the receipt of grants will have a positive influence on the performance of enterprises in the agricultural sector, measured by indicators of effectiveness and productivity. The following research hypotheses have been proved: the positive effect of the grant is more obvious in larger agricultural enterprises, which have higher productivity and profitability compared to small and medium-sized farms; agricultural enterprises which receive grants and are characterized by higher investment activity and are also characterized by higher innovation activity; based on the predominant number of crop enterprises, it is assumed that this type of activity leads to the achievement of higher financial results as a result of the activity of the agricultural enterprises; the age of the enterprises, expressed through the years of their activity, contributes significantly to higher profitability and productivity of the carried out activity.http://tru.uni-sz.bg/tsj/TJS%20-%20Suppl.1,%20Vol.18,%202020/97_D.Stoyanova.pdfstate supportefficiencyprofitabilityproductivityagricultural enterprises
spellingShingle D. Stoyanova
D. Stoyancheva
INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTOR
Trakia Journal of Sciences
state support
efficiency
profitability
productivity
agricultural enterprises
title INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTOR
title_full INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTOR
title_fullStr INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTOR
title_full_unstemmed INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTOR
title_short INFLUENCE OF STATE GRANTS UPON EFFECTIVENESS OF THE ENTERPRISES IN THE AGRICULTURAL SECTOR
title_sort influence of state grants upon effectiveness of the enterprises in the agricultural sector
topic state support
efficiency
profitability
productivity
agricultural enterprises
url http://tru.uni-sz.bg/tsj/TJS%20-%20Suppl.1,%20Vol.18,%202020/97_D.Stoyanova.pdf
work_keys_str_mv AT dstoyanova influenceofstategrantsuponeffectivenessoftheenterprisesintheagriculturalsector
AT dstoyancheva influenceofstategrantsuponeffectivenessoftheenterprisesintheagriculturalsector