An Assessment of the Financial and Economic Security of the Agricultural Sector in Ukraine

Abstract

Abstract. The article states that the financial and economic security of the agricultural sector is aimed at ensuring a sufficient level of efficiency of financial and economic activities; protection from external and internal dangers, improvement of financial firmness, and stability. It is established that one of the ways to solve these problems is the application of modern approaches to determining the level of financial and economic security of agricultural sector entities in order to identify the most significant threats to the market, as well as the application of modern approaches to improving the level of financial and economic security of the Ukrainian agricultural sector.
 It was found that the financial security of the country directly and proportionally affects the financial and economic security of the agricultural sector, and the presence of problems can prevent the agricultural sector from reaching the desired economic level. The basic elements of financial and economic security in agricultural entities are identified as financial resources, financial stability (solvency), and profitability of operating activities, effectiveness of financial and economic activities, the possibility and cost of attracting external financial resources. The indicators for financial and economic security of agricultural enterprises in Mykolayiv region are assessed and a model of factors influencing the indicator, which is the profitability of operating activity, is developed.
 General and specialist research methods were used to study theoretical, and methodological issues of financial and economic security in the agricultural sector; monographic, causal relationships, and logical modeling are also used in determining the indicators of assessing the level of financial and economic security in the agricultural sector; method of dynamic analysis and — in order to assess the rate of economic growth of the main macroeconomic indicators of the country, taking into account the dynamics of their change in the market environment; calculation-constructive, graphic — when assessing the level of financial and economic security.
 It is proved that the financial and economic security of the agricultural sector is aimed at ensuring a sufficient level of efficiency of financial and economic activities in the market environment, protection from external and internal dangers, as well as creating conditions for long-term development, given globalization challenges.
 Keywords: agricultural sector, financial security, financial and economic security, indicators, approaches.
 JEL Classification Q14, Q18
 Formulas: 0; fig.: 1; tabl.: 6; bibl.: 13.

Elimination of Investment Threats in the Management System of Economic Security of Agricultural Enterprises

“…Such well known economists as G. Androschuk, Z. Varnaliy, V. Heyets, Y. Zhalilo, V. Kyrylenko, S. Mochernyi, V. Muntiyan, and others devoted their works to the issues of ensuring economic security at the level of the national economy and individual business entities. A significant contribution to the development of the problems of identifying threats and ensuring the economic security of agricultural enterprises was made by such scientists as O. Boykevych, A. Burkovska, S. Vasylyshyn, T. Vasyltsiv, V. Voloshyn, T. Duyunova, V. Karkavchuk, T. Lunkina, K. Mikulyak, V. Nitsenko, B. Pogrishchuk, S. Rudenko, N. Sirenko, K. Utenkova, V. Yarova [1][2][3][4][5][6][7][8] and others. However, despite the significant scientific achievements in this area, the issue of ensuring the proper level of economic security of agricultural business entities and the timely detection and diagnosis of threats continue to require increased attention.…”