New approaches to developing the integral indicator methodology for estimating the financial efficiency of agricultural entities in Poland, the Republic of Moldova, and EU countries

2019
journal article
article
cris.lastimport.wos2024-04-10T01:16:47Z
dc.abstract.enEconomic literature pays a great deal of attention to economic and financial efficiency, expressed in terms of competition, concentration, productivity and profitability. This paper provides an all-embracing framework for the various existing theories in this area and illustrates these theories with practical applications. Currently, changing the size of the production potential in agricultural units in the Republic of Moldova depends to a great extent on the influence of different trends in the modification of production resources: the reduction of labor resources and agricultural land, quantitative and qualitative changes in fixed assets, and in current assets, etc. The notion of resource potential means the totality of the volume of all resources (natural, labor, material, intellectual, information, etc.) on specific enterprises, territories, branches, regions. Evaluating a broad field of research, the paper describes profit maximizing food products and demonstrates how several widely-used products can be fit into this framework. The authors also present an overview of the current major trends in the food sector and relate them to the assumptions for food products, thereby displaying their relevance and timeliness. The results include a set of recommendations for future research on this topic. The design, methodology and approach of this research is to explain why efficiency can help obtain a profit surplus, and to measure this efficiency. For quality of methodology we apply a range of statistical methods, as well as the strategic capability of organisations - made up of resources and competences. One way to approach the stategic capability of an organisation is to consider its strengths and weaknesses (for example, where it has a competitive advantage, profit, efficiency or disadvantage). Based on our research and results, we sought to understand the concepts of financial effciency and to apply these concepts to practical situations. At the start of each analysis entrepreneurship plays an important role. Most organisations have to innovate constantly to obtain profit and efficiency for food products. They need to be first into a market, or simply a follower of customers in developing new products and services. Original studies in Moldova and Poland regarding farm concentration in terms of Gini Coefficient, Gini Index and Concentration Index of the utilized agricultural area. Original calculus formula to determine the Concentration Index of the UAA for the top 10% largest farms in Moldova and UK.pl
dc.affiliationWydział Zarządzania i Komunikacji Społecznej : Instytut Ekonomii, Finansów i Zarządzaniapl
dc.contributor.authorTrojak, Mariusz - 132421 pl
dc.contributor.authorPopa, Danielapl
dc.contributor.authorSargo, Alionapl
dc.contributor.authorKiełbasa, Barbarapl
dc.date.accession2020-01-28pl
dc.date.accessioned2020-02-19T14:00:28Z
dc.date.available2020-02-19T14:00:28Z
dc.date.issued2019pl
dc.date.openaccess0
dc.description.accesstimew momencie opublikowania
dc.description.number4pl
dc.description.physical103-112pl
dc.description.publication0,7pl
dc.description.versionostateczna wersja wydawcy
dc.description.volume19pl
dc.identifier.doi10.22630/PRS.2019.19.4.60pl
dc.identifier.eissn2544-0659pl
dc.identifier.issn2081-6960pl
dc.identifier.projectROD UJ / OPpl
dc.identifier.urihttps://ruj.uj.edu.pl/xmlui/handle/item/149368
dc.identifier.weblinkhttp://sj.wne.sggw.pl/pdf/PRS_2019_T19(34)_n4.pdfpl
dc.languageengpl
dc.language.containerengpl
dc.rightsUdzielam licencji. Uznanie autorstwa - Użycie niekomercyjne*
dc.rights.licenceCC-BY-NC
dc.rights.urihttp://creativecommons.org/licenses*
dc.share.typeotwarte czasopismo
dc.subject.enagro-sectorpl
dc.subject.enfood productpl
dc.subject.enproductivity & profitabilitypl
dc.subject.enresource efficiencypl
dc.subject.enfinancial efficiencypl
dc.subject.enfinancial economypl
dc.subject.encorrelation and regressionpl
dc.subject.enEuropean Unionpl
dc.subtypeArticlepl
dc.titleNew approaches to developing the integral indicator methodology for estimating the financial efficiency of agricultural entities in Poland, the Republic of Moldova, and EU countriespl
dc.title.journalZeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego = Scientific Journal Warsaw University of Life Sciences-SGGW. Problems of World Agriculturepl
dc.typeJournalArticlepl
dspace.entity.typePublication
cris.lastimport.wos
2024-04-10T01:16:47Z
dc.abstract.enpl
Economic literature pays a great deal of attention to economic and financial efficiency, expressed in terms of competition, concentration, productivity and profitability. This paper provides an all-embracing framework for the various existing theories in this area and illustrates these theories with practical applications. Currently, changing the size of the production potential in agricultural units in the Republic of Moldova depends to a great extent on the influence of different trends in the modification of production resources: the reduction of labor resources and agricultural land, quantitative and qualitative changes in fixed assets, and in current assets, etc. The notion of resource potential means the totality of the volume of all resources (natural, labor, material, intellectual, information, etc.) on specific enterprises, territories, branches, regions. Evaluating a broad field of research, the paper describes profit maximizing food products and demonstrates how several widely-used products can be fit into this framework. The authors also present an overview of the current major trends in the food sector and relate them to the assumptions for food products, thereby displaying their relevance and timeliness. The results include a set of recommendations for future research on this topic. The design, methodology and approach of this research is to explain why efficiency can help obtain a profit surplus, and to measure this efficiency. For quality of methodology we apply a range of statistical methods, as well as the strategic capability of organisations - made up of resources and competences. One way to approach the stategic capability of an organisation is to consider its strengths and weaknesses (for example, where it has a competitive advantage, profit, efficiency or disadvantage). Based on our research and results, we sought to understand the concepts of financial effciency and to apply these concepts to practical situations. At the start of each analysis entrepreneurship plays an important role. Most organisations have to innovate constantly to obtain profit and efficiency for food products. They need to be first into a market, or simply a follower of customers in developing new products and services. Original studies in Moldova and Poland regarding farm concentration in terms of Gini Coefficient, Gini Index and Concentration Index of the utilized agricultural area. Original calculus formula to determine the Concentration Index of the UAA for the top 10% largest farms in Moldova and UK.
dc.affiliationpl
Wydział Zarządzania i Komunikacji Społecznej : Instytut Ekonomii, Finansów i Zarządzania
dc.contributor.authorpl
Trojak, Mariusz - 132421
dc.contributor.authorpl
Popa, Daniela
dc.contributor.authorpl
Sargo, Aliona
dc.contributor.authorpl
Kiełbasa, Barbara
dc.date.accessionpl
2020-01-28
dc.date.accessioned
2020-02-19T14:00:28Z
dc.date.available
2020-02-19T14:00:28Z
dc.date.issuedpl
2019
dc.date.openaccess
0
dc.description.accesstime
w momencie opublikowania
dc.description.numberpl
4
dc.description.physicalpl
103-112
dc.description.publicationpl
0,7
dc.description.version
ostateczna wersja wydawcy
dc.description.volumepl
19
dc.identifier.doipl
10.22630/PRS.2019.19.4.60
dc.identifier.eissnpl
2544-0659
dc.identifier.issnpl
2081-6960
dc.identifier.projectpl
ROD UJ / OP
dc.identifier.uri
https://ruj.uj.edu.pl/xmlui/handle/item/149368
dc.identifier.weblinkpl
http://sj.wne.sggw.pl/pdf/PRS_2019_T19(34)_n4.pdf
dc.languagepl
eng
dc.language.containerpl
eng
dc.rights*
Udzielam licencji. Uznanie autorstwa - Użycie niekomercyjne
dc.rights.licence
CC-BY-NC
dc.rights.uri*
http://creativecommons.org/licenses
dc.share.type
otwarte czasopismo
dc.subject.enpl
agro-sector
dc.subject.enpl
food product
dc.subject.enpl
productivity & profitability
dc.subject.enpl
resource efficiency
dc.subject.enpl
financial efficiency
dc.subject.enpl
financial economy
dc.subject.enpl
correlation and regression
dc.subject.enpl
European Union
dc.subtypepl
Article
dc.titlepl
New approaches to developing the integral indicator methodology for estimating the financial efficiency of agricultural entities in Poland, the Republic of Moldova, and EU countries
dc.title.journalpl
Zeszyty Naukowe Szkoły Głównej Gospodarstwa Wiejskiego w Warszawie. Problemy Rolnictwa Światowego = Scientific Journal Warsaw University of Life Sciences-SGGW. Problems of World Agriculture
dc.typepl
JournalArticle
dspace.entity.type
Publication
Affiliations

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