Multifunctionality of Agricultural Cooperatives Activities

Golovina, Svetlana; Лоретц, Е Е; Loretc, E.; Smirnova, L.

doi:10.32417/article_5ce405141f3952.34454910

Cited by 2 publications

(1 citation statement)

References 7 publications

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“…At present day, the government is taking important steps to support agricultural production and rural areas. In this regard, issues related to the development of agricultural cooperation in modern market and institutional environment are in the focus of special attention of domestic economic science [1][2][3]. Significant theoretical and practical results of studying the activities of agricultural cooperatives are described in the works of both domestic (V.B.…”

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confidence: 99%

Assessment of Solvency and Financial Stability of Agricultural Consumer Cooperatives

Medvedeva¹

2020

Proceedings of the Ecological-Socio-Economic Systems: Models of Competition and Cooperation (ESES 2019)

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Agricultural consumer cooperatives are nonprofit organizations and act as socially-oriented business entities. They are formed to solve not only economic, but also social issues in rural areas. Domestic and foreign experience in the study of cooperatives has shown their ability to increase labor productivity, to improve financial condition, to update and to modernize the material and technical base of agricultural sector. Therefore, much attention is currently given to the successful operation of cooperatives. This paper is based on the review of the works of domestic and foreign scientists using a systematic approach to the issue, with economic and statistical, balance, abstract-logical research methods. The main part of the materials presented in this article is the assessment of solvency and financial stability of agricultural consumer cooperatives in the region. Data of the Department of AIC of the Kurgan Region became the basis for calculations for the studied business entities. Agricultural consumer cooperatives of the Kurgan Region were the objects of study. This paper considers the structure of the property of cooperatives and sources of their financing; identifies the features of the formation of their financial resources, as well as problems that negatively affect these parameters. Assessment revealed that the solvency of these business entities is at a high level, but the values of liquidity ratios significantly exceed recommended ones what indicates insufficiently rational use of resources. Unstable financial results of studied cooperatives led to the fact that own working capital for almost the entire period (2012-2018) was negative; this fact negatively affected a number of parameters that characterized the financial stability of entities. To strengthen their financial position, agricultural consumer cooperatives should increase their own capital expanding scope and activities what will solve not only economic, but also social issues and problems in rural areas.

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Section: Introductionmentioning

confidence: 99%

Assessment of Solvency and Financial Stability of Agricultural Consumer Cooperatives

Medvedeva¹

2020

Proceedings of the Ecological-Socio-Economic Systems: Models of Competition and Cooperation (ESES 2019)

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Agricultural cooperation in the conditions of new challenges and threats: from theoretical discussion to economic practice

Golovina

Smirnova

2021

Agrarian Bulletin of The

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Abstract. In the current socio-economic, political and institutional conditions, primarily in the context of new challenges and threats (such as sanctions restrictions, natural disasters, epidemics and pandemics), which determine high instability in the activities of agricultural producers, particular importance in the development of the agricultural economy, rural communities and rural areas moves to agricultural cooperation. As retrospective studies prove, agricultural cooperatives always become particularly popular in the most difficult periods for agriculture (and the economy as a whole), extremely actualizing at this time the corresponding theoretical and applied research. The study and analysis of scientific works concerning current state of agricultural cooperation, its problems and potential in improving of agricultural production and harmonious development of rural areas allows us to conclude that, Despite the presence (in the review materials presented to the scientific community) of the evolution of cooperative thought and generalizing discussions on the theory of cooperation descriptions, the achievements of recent years, nevertheless, did not find a detailed reflection in them. The purpose of this work is to summarize the most meaningful results of world-class research on the activities of agricultural cooperatives in a fluctuating (sometimes turbulent) environment, which are relevant (and acceptable) for the development of Russian cooperative practices in the face of existing challenges and threats. Results. A survey-analytical study, the results of which are presented in this article, made it possible (through a thorough analysis of the achievements of the cooperative theory over the past five years) to formulate and scientifically substantiate the main components of a new (integrated, interdisciplinary) approach to the development of Russian agricultural cooperation in the current institutional and market context, the basic elements of which are (1) taking into account the peculiarities of the socio-economic and institutional environment, (2) the multifunctionality of cooperative activities, (3) the specifics of ways to create cooperatives in different countries and spheres of activity, (4) the limitations of traditional and the prospects of new organizational models of agricultural cooperatives. Scientific novelty. The article offers a detailed review of foreign and Russian studies on various aspects of agricultural cooperation, notable by a rich history and comprehensive discussions, substantiated a new concept for the development of modern agricultural cooperatives, formulated conclusions that have theoretical novelty and applied value for use in domestic economic practice.

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Multifunctionality of Agricultural Cooperatives Activities

Cited by 2 publications

References 7 publications

Assessment of Solvency and Financial Stability of Agricultural Consumer Cooperatives

Assessment of Solvency and Financial Stability of Agricultural Consumer Cooperatives

Agricultural cooperation in the conditions of new challenges and threats: from theoretical discussion to economic practice

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