Endogenous determinants of strategic development of food industry enterprises in the context of strengthening their market stability
Oleksandr Tur
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Oleksandr Tur: National University of Food Technologies, Kyiv
Ukrainian Journal Ekonomist, 2016, issue 10, 10-13
Abstract:
In the article the expediency to improve the institutional environment for more effective application of endogenous determinants of food industry enterprises in the context of strengthening their market stability has been substantiated. Based on the analysis of profitability of enterprises' assets usage, the effectiveness of usage of material resources and the level of financial independence of food business entities, the exogenous risks of strategic development of food industry enterprises have been distinguished. Such risks are as follows: high of monopolization of regional agrarian markets; limited accessibility of loan funds; immaturity of agrarian market infrastructure which causes excessively high level of transactional costs; lack of development of institutional basis for conclusion of public-private partnership agreements, firstly in the matter of establishment of cluster-supported institutional forms.
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:uje:journl:y:2016:i:10:p:10-13
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