Model of financial management conceptualization in Romanian agriculture

IF 0.6 Q2 Social Sciences
V. Grosu, N. Kholiavko, A. Zhavoronok, M. Zlati, C. Cosmulese
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引用次数: 5

Abstract

Agriculture is one of the important sectors in Romania in terms of expanding the cultivated agricultural areas, the number of people working in this field and contribution of the branch to the national economy. Considering the socio-economic dimension of the branch, agriculture represents a viable opportunity in Romania given the qualitative land fund and the pedoclimate’s characteristic still favorable for obtaining financial performance in agriculture. Financial management is a challenge for economic operators in the agriculture. Due to the seasonal character of it, the managerial act of managing cash flow tables is difficult, and managers reach a high rate of indebtedness of the company. The seasonal stage of storage and trading of stocks represents for managers another challenge of financial management and brings with it randomized elements regarding the efficiency of the managerial act in the agricultural sector. The aim of the paper is to conceptualize a modern financial management model timed in agriculture to reduce financial pressure and allow managers to gain more efficiency in managing cash flow charts. The research uses empirical and analytical study methods including literature review, analysis of economic efficiency indicators obtained by agricultural companies in Romania, study of financial projections to identify significant vulnerabilities in cash flows and conceptualization of modern financial agriculture’s management model. The results of the study will be useful to managers of agricultural entities in their approach to efficiency and performance within the development of financial strategies.
罗马尼亚农业财务管理概念化模式
在扩大耕地面积、在这一领域工作的人数以及该部门对国民经济的贡献方面,农业是罗马尼亚的重要部门之一。考虑到该分支的社会经济层面,农业代表了罗马尼亚一个可行的机会,因为定性土地基金和土壤特征仍然有利于获得农业的财务业绩。财务管理是农业经济经营者面临的挑战。由于它的季节性,管理现金流量表的管理行为是困难的,管理者达到公司的高负债率。库存储存和交易的季节性阶段对管理者来说是财务管理的另一个挑战,并带来了与农业部门管理行为效率相关的随机因素。本文的目的是概念化一个现代财务管理模式,在农业时间,以减少财务压力,让管理者获得更有效的管理现金流图表。本研究采用文献综述、罗马尼亚农业公司经济效率指标分析、财务预测研究识别现金流重大脆弱性、现代金融农业管理模式概念化等实证和分析研究方法。这项研究的结果将有助于农业实体的管理人员在制定财务战略的过程中提高效率和业绩。
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来源期刊
Economic Annals-XXI
Economic Annals-XXI ECONOMICS-
CiteScore
1.50
自引率
0.00%
发文量
0
期刊介绍: The Economic Annals-XXI Journal – recognized in Ukraine and abroad scientific-analytic edition. Scientific articles of leading Ukrainian and other foreign scientists, postgraduate students and doctorates, deputies of Ukraine, heads of state and local authorities, materials of scientific conferences and seminars; reviews on scientific monographs, etc. are regularly published in this Journal.
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