FACTORS OF ECONOMIC GROWTH OF AGRICULTURAL CONSUMER COOPERATIVES
Rubrics: AGRICULTURAL ECONOMICS AND POLICIES
Authors:
1.
Penza state technological University
2.
Penza state technological University
Type:
Article
eLocation:
Status:
Published
Received:
06.12.2021
Accepted:
15.12.2021
Published:
25.12.2021
Language:
Russian
Keywords:
sel'skohozyaystvennye potrebitel'skie kooperativy, dohody, razvitie, finansovye pokazateli, ustoychivost' rosta, gosudarstvennaya podderzhka
Abstract (English):
The article examines the influence of microeconomic factors on the development of agricultural consumer cooperatives. The purpose of the study is to assess the relationship between the prospects for the development of cooperatives and the achieved financial indicators, as well as to determine the impact of decisions taken by cooperatives on the formation and use of capital on the sustainability of development. The study was conducted on the basis of a sample of existing agricultural consumer cooperatives in our country. Data on the activities of 124 cooperatives were studied. Regression models have been developed that reflect the relationship between the expected incomes of cooperatives in various areas of activity and individual financial indicators. The analyzed cooperatives were grouped according to the sustainability of economic growth, the specific weights of cooperatives characterized by a certain type of financial profile in each group were calculated. It is revealed that the already achieved scale of activity, characterized by sales revenue, the size and structure of equity, approaches to the formation and selection of sources of financing of non-current assets, have a significant impact on the sustainability of the development of cooperatives. But the significance of some of these factors for cooperatives of various types of activity is not the same. This study complements and develops existing scientific works on relevant topics in terms of revealing industry differences in the manifestation of analyzed trends and indicators. The formalization of the influence of the factors of the financial profile of cooperatives on the indicator of their economic growth on the basis of regression models creates an opportunity to predict the development of cooperatives. The obtained results create prerequisites for improving the criteria for selecting cooperatives - recipients of state support funds, as well as approaches to assessing the prospects for the development of individual cooperatives, taking into account their financial policy.
The article examines the influence of microeconomic factors on the development of agricultural consumer cooperatives. The purpose of the study is to assess the relationship between the prospects for the development of cooperatives and the achieved financial indicators, as well as to determine the impact of decisions taken by cooperatives on the formation and use of capital on the sustainability of development. The study was conducted on the basis of a sample of existing agricultural consumer cooperatives in our country. Data on the activities of 124 cooperatives were studied. Regression models have been developed that reflect the relationship between the expected incomes of cooperatives in various areas of activity and individual financial indicators. The analyzed cooperatives were grouped according to the sustainability of economic growth, the specific weights of cooperatives characterized by a certain type of financial profile in each group were calculated. It is revealed that the already achieved scale of activity, characterized by sales revenue, the size and structure of equity, approaches to the formation and selection of sources of financing of non-current assets, have a significant impact on the sustainability of the development of cooperatives. But the significance of some of these factors for cooperatives of various types of activity is not the same. This study complements and develops existing scientific works on relevant topics in terms of revealing industry differences in the manifestation of analyzed trends and indicators. The formalization of the influence of the factors of the financial profile of cooperatives on the indicator of their economic growth on the basis of regression models creates an opportunity to predict the development of cooperatives. The obtained results create prerequisites for improving the criteria for selecting cooperatives - recipients of state support funds, as well as approaches to assessing the prospects for the development of individual cooperatives, taking into account their financial policy.
Keywords:
sel'skohozyaystvennye potrebitel'skie kooperativy, dohody, razvitie, finansovye pokazateli, ustoychivost' rosta, gosudarstvennaya podderzhka
sel'skohozyaystvennye potrebitel'skie kooperativy, dohody, razvitie, finansovye pokazateli, ustoychivost' rosta, gosudarstvennaya podderzhka
