CLUSTER ANALYSIS AND RATIONAL FINANCE POLICIES FOR AGRICULTURAL ENTERPRISES (BASED ON KHARKIV OBLAST, UKRAINE)

Anatoly Litvinov

Abstract


The paper is devoted to a problem of choosing the rational policies for financing the development of agricultural enterprises. Enterprises of Kharkiv oblast (Ukraine) were taken as a sample. Using cluster analysis method it was shown that the fast economic growth of an agricultural enterprise is strongly tied to attracting investments. But entrepreneurial risks are also rising in this case. The low risk policy expects financing the development goals on the account of the own sources, but such policy cannot secure the fast growth and development of an enterprise. And as many enterprises choose the low risk policy there are many opportunities for investments in agriculture of Kharkiv oblast (Ukraine) exist which remain untapped.

Keywords


agriculture; farming; land; finance; investment; development; policy; Ukraine; Kharkiv

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ISSN (Print) : 2449-7320

ISSN (Online) : 2449-8726