Improvement of Assessment Mechanism of Agricultural Enterprises Creditworthiness in Conditions of National Specificity
Improvement of Assessment Mechanism of Agricultural Enterprises Creditworthiness in Conditions of National Specificity

Summary/Abstract: Efficiency in companies’ management in current economic reality is largely determined by the quality of produced information and analytical base for decision-making. Fundamentally different targets appear upon a researcher during integrated assessment of financial condition of the enterprise, depending on which, all analytical steps should be separated according to the principle of the greatest information relevance for appropriate decision-making. This is particularly important in conditions of optimal tools development necessity for business management with crisis phenomena in the economy. This article analyzes the effectiveness of discriminant factorial models used to predict bankruptcy of organization, as well as reveals the mechanism of author's scoring evaluation of business entities creditworthiness, allowing diagnosing the financial status of an organization with a view to management decision-making. In addition, the authors identified specific features of agrarian sector enterprises functioning in Russia, which require financial analysis tools improvement in relation to industrial technological specifics of agricultural production.

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