Financial Management of Agricultural Enterprises

The article is aimed at establishing determinants of the formation of efficient mechanisms for financial management of agricultural enterprises. Consideration of financial support of agricultural enterprises as the object of management expands the limits of methodological substantiation of its essen...

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Bibliographic Details
Main Authors: Kravchuk Iryna I., Logvinenko Sergey L.
Format: Article
Language:English
Published: Research Centre of Industrial Problems of Development of NAS of Ukraine 2019-03-01
Series:Bìznes Inform
Subjects:
Online Access:http://www.business-inform.net/export_pdf/business-inform-2019-3_0-pages-136_141.pdf
Description
Summary:The article is aimed at establishing determinants of the formation of efficient mechanisms for financial management of agricultural enterprises. Consideration of financial support of agricultural enterprises as the object of management expands the limits of methodological substantiation of its essence – from organization of financial flows of enterprise according to certain rules and directions – to actions of the management apparatus to establish a system of coordination of financial resources movement in order to influence the economic situation of enterprise. Peculiarities of use of modern financial management instruments in management of agricultural enterprises development are identified. It is defined that the main determinants of the formation of efficient mechanisms for financial management of agricultural enterprises are the grouping of financial flows of integration agrarian formations, cooperation, financial logistics and local territorial financial integration. The role of the coordination component in management of financial support of enterprises consists in formation and use of managerial mechanism. Further scientific research should be carried out in the context of substantiation of formation and use of the managerial mechanism adapted to possible fluctuations of both coordination and the tactical plans of financial strategy.
ISSN:2222-4459
2311-116X