Actual problems of innovative economy and law

Journal "Actual problems of innovative economy and law" is included in category B for specialties: in the field of knowledge "Management and administration": 073, 076 (order of the Ministry of Education and Science of Ukraine dated 23.08.2023 No. 1035) and 071, 072, 075 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543); in the field of knowledge "Social and behavioral sciences" 051 (order of the Ministry of Education and Science of Ukraine dated August 23, 2023 No. 1035); in the field of knowledge "Law" - 081 and "Public management and administration" - 281 (order of the Ministry of Education and Science of Ukraine dated 12.20.2023 No. 1543).
Registration of an entity in print media: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1390 dated 11/16/2023. Media identifier: R30-02018
The journal is indexed in the International Scientific Center of Index Copernicus International

Model for assessing the level of economic stability of agricultural enterprises

УДК: 330.1

DOI: https://doi.org/10.36887/2524-0455-2021-2-5

Торохтій Богдан Григорович
здобувач кафедри організації виробництва, бізнесу та менеджменту, Харківський національний технічний університет сільського господарства імені Петра Василенка
ORCID ID: 0000-0002-2006-5819


The article analyzes the existing approaches to assessing the level of economic stability of agricultural enterprises, which allowed to determine the lack of unity of vision and variability of developed and proposed approaches, algorithms and calculation methods. It is proved that the common approach to the assessment of sustainability as an integral characteristic of the internal components of the enterprise changes the economic nature of the studied category, partially identifying it with the potential. It is proposed to build a model for assessing the level of economic stability of agricultural enterprises in terms of three projections: efficiency, liquidity and capitalization, which are represented by specific indicators with appropriate thresholds, which within the model acquire binary parameters (“1” or “0”). The main provisions of the author’s model for assessing the level of economic stability of an agricultural enterprise are highlighted: 1) the feasibility of using components as a gap between the final total value and partial coefficients is unproven, which justifies 2) the use of a large number of indicators for assessing economic stability significantly complicates the process of calculating and interpreting the results; 3) to avoid the subjectivity of evaluation, which is embedded in the expert methods most often used to justify the weight of partial coefficients, the weight of all indicators should be considered the same, and the integral value of economic stability can be estimated by many binary values of partial coefficients “0” or “1”; 4) the resulting qualitative states of economic stability of the studied enterprises on a set of partial indicators, estimated by their threshold values, which allow them to assign the appropriate binary value, should be classified depending on the number of these positive binary values. The qualitative scale of states of economic stability is offered: absolute, high, normal, satisfactory, critical and crisis, on the basis of the received combinations of binary values of indicators of projections.

Keywords: economic stability, evaluation model, level of economic stability, agricultural enterprises.

References.

  1. Zotov, A.A. (2003). Ocenka ustojchivosti funkcionirovanija i razvitija predprijatij neftegazovoj promyshlennosti. [Assessment of the sustainability of the functioning and development of enterprises of the oil and gas industry]. Abstract of Ph.D. Thesis. Perm’. Russia.
  2. Anohin, S.N. (2000). Metodika modelirovanija jekonomicheskoj ustojchivosti promyshlennyh predprijatij v sovremennyh uslovijah. [Methodology of modeling the economic sustainability of industrial enterprises in modern conditions]. Saratovskij gos. tehnicheskij un-t. Saratov. Russia.
  3. Brjanceva, I.V. (2002). «Rating assessment of the economic sustainability of the construction enterprise». Jekonomika stroitel’stva. no. 11, pp. 20-27.
  4. Pljuta, V. (1989). Sravnitel’nyj mnogomernyj analiz v jekonometricheskom modelirovanii. [Comparative multivariate analysis in econometric modeling]. (translated from Polish by V. V. Ivanova). Finansy i statistika. Moscow. Russia.
  5. Semenenko, I.M. (2009). Vplyv rezul’tativ innovatsijnoi diial’nosti na ekonomichnu stijkist’ pidpryiemstva. [The influence of the results of innovative activity on the economic sustainability of the enterprise]. Abstract of Ph.D. Thesis: 08.00.04; Skhidnoukr. nats. un-t im. V.Dalia. Luhansk. Ukraine.
  6. Kaspirov, A.B. (2001). Upravlenie ustojchivym razvitiem predprijatija. [Management of sustainable development of the enterprise]. Abstract of Ph.D. Thesis: SGS JeU. Saratov. Russia.
  7. Novoselets’kyj, O.M. (2008). Modeliuvannia stijkosti funktsionuvannia pidpryiemstva z urakhuvanniam ryzyku. [Modeling the sustainability of the enterprise’s operation taking into account the risk]. Abstract of Ph.D. Thesis: 08.00.11. Govt. higher education closing “V. Hetman Kyiv National University of Economics”. Кyiv. Ukraine.
  8. Ezerskaja, S.G. (2006). «Methodology for assessing the level of economic sustainability of an industrial enterprise». Social’no-jekonomicheskie problemy razvitija regiona: materialy Mezhdunar. nauch.-prakt. konf. Ivanovo: Ivan. gos. un-t, Part II, pp. 76-81.
  9. Yarovyj, I.M., Kharchenko, I.H. (2019). «Assessment of the probability of bankruptcy according to the models of Altman, Springate, Taffler (on the example of the company “KVS-Ukraine”)». Biznes-navihator. no. 6. 1-2, рр. 32-36.
  10. Vlasiuk, V.Ye., Hordiienko, K.O., Pshenychna, A.O. (2017). «Assessment of the probability of bankruptcy of domestic enterprises (on the example of PJSC “Kombinat “Teplichnyi”)». Ekonomika i suspil’stvo. Issue 12, рр.68-72.
  11. Ponomarenko, T.V. (2016). Prohnozuvannia imovirnosti bankrutstva v konteksti otsiniuvannia ekonomichnoi stijkosti pidpryiemstva. [Forecasting the probability of bankruptcy in the context of assessing the economic stability of the enterprise]. Ekonomichnyj analiz: zb. nauk. prats’. Ternopil’s’kyj natsional’nyj ekonomichnyj universytet; redkol. In Derij, V. A. (ed.) ta in. Ternopil’:“Ekonomichna dumka”, Vol. 23. no. 2. pp. 160-168.
  12. Sushko, V.I., Pavliuk, T.S. (2014). «Classification of models for assessing the probability of bankruptcy of enterprises». Ekonomika: teoriia ta praktyka. no. 1, рр. 72-83.
  13. Liebiedieva, I.Yu., Tomashevskaia, V.O. (2018). «Approaches to personnel assessment as a component of personnel potential analysis and technology for its development». Investytsii: praktyka i dosvid. no. 12, рр. 75-81.

The article was received 20.02.2021


Quote article, APA style

Torokhtii B. 20.02.2021. Model for assessing the level of economic stability of agricultural enterprises. Actual problems of innovative economy and law. 2021. №2. 28-33 pp. https://doi.org/10.36887/2524-0455-2021-2-5

Quote article, MLA style

Torokhtii B. Model for assessing the level of economic stability of agricultural enterprises. Actual problems of innovative economy and law. 20.02.2021. https://doi.org/10.36887/2524-0455-2021-2-5