How to make suger production more effective: A case of Ukraine
Anatoliy Goncharuk
Journal of East European Management Studies, 2009, vol. 14, issue 1, 105 - 123
Abstract:
The article is devoted to the analysis of efficiency of sugar companies of Ukraine and the ways of its improving. The decreasing return to scale and scale inefficiency for the majority of sugar companies are determined. The main factors of sugar plants inefficiency are defined. Developed benchmarking has revealed significant reserves of reduction of the basic inputs and potential growth of efficiency. In comparison with foreign companies the Ukrainian sugar plants have smaller material capacity of production and stuff cost, considerably lower labour and capital productivities. The recommendations for proprietors and managers of sugar companies for making of decisions on improving of efficiency are made.
Keywords: sugar production; efficiency; international benchmarking; motivation; Ukraine (search for similar items in EconPapers)
JEL-codes: L1 L11 L21 L66 M20 O52 P20 P31 (search for similar items in EconPapers)
Date: 2009
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