Principles of financial management in Ukrainian agribusiness companies Cover Image

Zasady zarządzania finansami w przedsiębiorstwach z sektora agrobiznesu
Principles of financial management in Ukrainian agribusiness companies

Author(s): Serhiy Zabolotnyy
Subject(s): Economy, Business Economy / Management, Agriculture
Published by: Szkoła Główna Gospodarstwa Wiejskiego w Warszawie
Keywords: financial management; capital budgeting; capital structure; agribusiness

Summary/Abstract: The goal of the research is to study current practices of financial managementin Ukrainian companies from agribusiness sector. Ukrainian managersapplied a multidimensional approach in financial management oriented on suchgoals as sustainable growth, continuity and maximizing profits. A great importanceof control, analysis and reporting in financial management derived froma need for detailed financial information for board and shareholders as well as forUkrainian tax authorities and other governmental bodies. Efficient working capital management was a necessary condition for continuity of operations in highly volatile Ukrainian market. The most preferable capital budgeting technique wasprofitability index, while net present value and internal rate of return were lesspopular. Ukrainian managers were strongly supporting the pecking-order theoryof capital structure.

  • Issue Year: 4/2016
  • Issue No: 4
  • Page Range: 63-75
  • Page Count: 13
  • Language: English