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

  • Natalia Glebovna SAPOZHNIKOVA Voronezh State University, Voronezh
  • Yelena Alekseyevna BATISHCHEVA Stavropol State Agrarian University Russian Federation, Stavropol
  • Tatyana Nikolayevna STEKLOVA Stavropol State Agrarian University Russian Federation, Stavropol
  • Irina Anatolyevna DEMCHENKO Stavropol State Agrarian University Russian Federation
  • Anastasia Yuryevna KALNAYA Technological Institute of Service (branch) of Federal State Budgetary Educational Institution of Higher Education ‘Don State Technical University’ in Stavropol, Stavropol

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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Published
2017-08-20
How to Cite
SAPOZHNIKOVA, Natalia Glebovna et al. Improvement of Assessment Mechanism of Agricultural Enterprises Creditworthiness in Conditions of National Specificity. Journal of Advanced Research in Law and Economics, [S.l.], v. 8, n. 2, p. 581 - 590, aug. 2017. ISSN 2068-696X. Available at: <https://journals.aserspublishing.eu/jarle/article/view/1337>. Date accessed: 20 apr. 2024.