logo

Economy, finances, management: topical issues of science and practical activity

space SCIENTIFIC JOURNALS OF VINNITSA NATIONAL AGRARIAN UNIVERSITY

Issue №: 4 (74)

Published: 2025.12.31
DOI: 10.37128/2411-4413-2025-4


Description:
The journal deals with the issues of efficiency of functioning of the national economics and organizational forms of management of the national economy. Attention is paid to the problems of marketing, management and efficiency of production and economic activity of agrarian enterprises. The issues of public administration and administration, accounting and taxation, banking and insurance, forecasting and modeling of economic processes, foreign economic activity, commodity flows of economic entities and their infrastructure support.

Read about journal

THE ROLE OF INVESTMENTS IN CREATING A SAFE ENVIRONMENT FOR AGRICULTURAL BUSINESS IN THE CONDITIONS OF ESG INTEGRATION

DOI: 10.37128/2411-4413-2025-4-8
PDF Повернутись

VDOVENKO Larysa – Doctor of Economics, Head of the Department of Finance, Banking and Insurance, Vinnytsia National Agrarian University (21008, Vinnytsia, 3, Soniachna Str., е-mail: vdovenko_larisa@i.ua, https://orcid.org/0000-0002-6283-2385).

HERASYMCHUK Vasyl – Postgraduate Student in the Third Year of Study of the Department of Finance, Banking and Insurance, Vinnytsia National Agrarian University (21008, Vinnytsіa, 3, Soniachna Str., e-mail: v.herasim4uk@ukr.net, https://orcid.org/0000-0002-9438-9760).

CHERNENKO Olha – Candidate of Economic Sciences, Senior Researcher, National Scientific Center «Institute of Agrarian Economics» (Kyiv, 10, Heroes of Defense Str., e-mail: chernenko_olha.s@ukr.net, https://orcid.org/0000-0001-5727-3139).

Annotation

The article reveals the role of investments in creating a safe environment for agricultural business. The importance of investments in the development of agricultural production is substantiated. It was concluded that a safe environment for the functioning of agrarian business is determined by the ability to attract financial resources, in particular investments, as well as their effective use, which ensures positive financial results and creates a basis for further development. The need to create a favorable investment environment when attracting the investments, using the benefits of ESG integration, was emphasized.

An analysis of the volume of capital investments and foreign direct investments in the economy of Ukraine and the agricultural sector, in particular, for 2019-2024 was carried out. Conclusions were drawn regarding the steady trend of increasing investment activity and business efficiency both in Ukraine as a whole and by region, despite the rapid increase in investment volumes based on the challenges of the economic environment of agrarian business. The dynamics of foreign direct investment in the extended analyzed period was characterized by instability, which was influenced by both global economic trends and domestic political challenges. It is concluded that the investment climate in Ukraine is quite sensitive to external and internal factors and necessitates the need for more effective management of investment processes during the periods of instability and uncertainty.

The investment becomes an accumulated resource for the development of rural areas, where there is significant, but often not fully utilized, potential of the agricultural sector. Investments in agriculture are considered not only as the means of updating production capacities and introducing advanced innovative technologies, but also as the source of creating a favorable investment environment for the development of related areas of economic activity.

Keywords: investment environment, investment climate, rural areas, agricultural sector of the economy, investments, economic development potential, foreign direct investment, security, safe environment of agribusiness, ESG integration

List of references

1. Fedorenko, V.H., Chuvardynskyi, O.H., & Palytsia, S.V. (2010). Rol investytsii v ekonomitsi derzhavy [The role of investment in the economy of the state]. Ekonomika ta derzhava – Economy and State, 9, 38–39. [in Ukrainian].

2. Honcharuk, I.V., & Tomashuk, I.V. (2023). Vplyv innovatsiinykh protsesiv na pidvyshchennia konkurentospromozhnosti silskohospodarskykh pidpryiemstv [Influence of innovation processes on increasing the competitiveness of agricultural enterprises]. Ekonomika, finansy, menedzhment: aktualni pytannia nauky i praktyky – Economics, finance, management: topical issues of science and practical activity, 1 (63), 30–47. DOI: https://doi.org/10.37128/2411-4413-2023-1-3 [in Ukrainian].

3. Popova, O.P., Kotsiubynska, L.M., & Skubii, O.A. (2023). Investytsiina diialnist v silskomu hospodarstvi v suchasnykh umovakh [Investment activity in agriculture under modern conditions]. Ekonomika ta suspilstvo – Economy and Society, 54. DOI: https://doi.org/10.32782/2524-0072/2023-54-49. Retrieved from: https://economyandsociety.in.ua/index.php/journal/article/view/2773/2695 [in Ukrainian].

4. Sakhno, A. A., & Zaremba, O. Ye. (2024). Investytsii v zemelni resursy yak faktor rozvytku ahrarnoho sektoru [Investment in land resources as a factor in the development of the agricultural sector]. Investytsii: praktyka ta dosvid – Investments: practice and experience, 22, 56–63. DOI: https://doi.org/10.32702/2306-6814.2024.22.56 [in Ukrainian].

5. Nepochatenko, O.O., Verniuk, N.O., & Movchaniuk, A.V. (2024). Stratehichni pidkhody do zaluchennia investytsii u rozvytok silskykh terytorii [Strategic approaches to attracting investment in rural development]. Ekonomichnyi prostir – Economic Space, 195, 34–41. DOI: https://doi.org/10.30838/EP.195.34-41 [in Ukrainian].

6. Matsybora, T.V. (2021). Investytsii yak osnova zrostannia ahrarnoi ekonomiky Ukrainy [Investment as the basis for the growth of Ukraine’s agricultural economy]. Mizhnarodnyi naukovo-vyrobnychyi Zhurnal «Ekonomika APK» – International Scientific and Production Journal «Economics of the Agricultural Complex», 6, 68–78. DOI: https://doi.org/10.32317/2221-1055.202106068 [in Ukrainian].

7. Vinichenko, I., Didur, K., & Dobrodzii, T. (2024). Investytsii v silske hospodarstvo yak holovne dzherelo dosiahnennia prodovolchoi bezpeky Ukrainy [Investments in agriculture as the main source of achieving food security in Ukraine]. Investytsii: praktyka ta dosvid – Investments: practice and experience, 1, 49–55. DOI: https://doi.org/10.32702/2306-6814.2024.1.49 [in Ukrainian].

8. Didur, K.M. (2023). Prodovolcha bezpeka Ukrainy yak odyn iz priorytetiv rozvytku hlobalnoi ekonomiky [Food security of Ukraine as one of the priorities of global economic development]. Efektyvna ekonomika – Effective economy, 5. DOI: http://doi.org/10.32702/2307-2105.2023.5.29 Retrieved from: https://www.nayka.com.ua/index.php/ee/article/view/1573/1582 [in Ukrainian].

9. Andreichenko, A.V., & Zhurylo, S.S. (2024). Ekonomichna mitsnist silskohospodarskoho pidpryiemnytstva yak zasada efektyvnosti rozvytku ahropromyslovoho kompleksu Ukrainy [Economic robustness of agricultural entrepreneurship as a foundation of agro-industrial development]. Ahrosvit – Agrosvit, 15, 3–8. DOI: https://doi.org/10.32702/2306-6792.2024.15.3 [in Ukrainian].

10. Silske hospodarstvo: priorytety stalykh investytsii dlia spryiannia vidnovlenniu Ukrainy [Agriculture: Priorities of sustainable investments for supporting Ukraine’s recovery]. ecoaction.org.ua. Retrieved from: https://ecoaction.org.ua/sh-priorytety-stalykh-investytsij.html [in Ukrainian].

11. Kyrylenko, I.H. (2005). Transformatsiia sotsialno-ekonomichnykh peretvoren u silskomu hospodarstvi Ukrainy: problemy, perspektyvy [Transformation of socio-economic changes in Ukrainian agriculture: problems and prospects]. Kyiv: NNTsIAE [in Ukrainian].

12. Tomilin, O.O., Rudych, A.I., & Hridin, V.V. (2025). Investytsiine seredovyshche ahrarnoho sektoru ekonomiky Ukrainy: problemy ta perspektyvy : analiz investytsiinoho seredovyshcha v ahrarnii sferi, vkliuchno z kapitalnymy investytsiiamy pid vplyvom voiennoi sytuatsii ta perspektyvamy rozvytku [Investment environment of the agricultural sector of the economy of Ukraine: problems and prospects: analysis of the investment environment in the agricultural sector, including capital investments under the influence of the military situation and development prospects]. Visnyk Poltavskoho derzhavnoho ahrarnoho universytetu. Seriia «Ekonomika, upravlinnia ta finansy» – Bulletin of the Poltava State Agrarian University. Series «Economy, Management and Finance», 4, 64–68. DOI: https://doi.org/10.32782/pdau.eco.2025.4.9 [in Ukrainian].

13. Hutkevych, S.O., & Pulii, O.V. (2019). Investytsiina pryvablyvist: sutnist, pokaznyky i chynnyky vplyvu [Investment attractiveness: Essence, indicators, and influencing factors]. Intelekt XXI – Intellect XXI, 2, 89–95 [in Ukrainian].

14. Holovne upravlinnia statystyky u Vinnytskii oblasti. Statystychna informatsiia [Main Department of Statistics in Vinnytsia Region. Statistical information]. vn.ukrstat.gov.ua. Retrieved from: https://www.vn.ukrstat.gov.ua/index.php/statisticalinformation/arhiv2024.html [in Ukrainian].

15. U 2024 rotsi obsiah kapitalnykh investytsii zris na 35% [In 2024, the volume of capital investment increased by 35%]. skilky-skilky.info. Retrieved from: https://skilky-skilky.info/u-2024-rotsi-obsiah-kapitalnykh-investytsiy-zris-na-35/ [in Ukrainian].

16. Informatsiia shchodo inozemnykh investytsii u Vinnytskii oblasti stanom na 31.12.2024 r. [Information on foreign investments in Vinnytsia region as of 31.12.2024]. vin.gov.ua. Retrieved from: https://www.vin.gov.ua/invest/investoram/69959-informatsiia-shchodo-inozemnykh-investytsii-u-vinnytskii-oblasti-stanom-na-31122024 [in Ukrainian].

17. Derzhavna sluzhba statystyky Ukrainy (2025). Statystychnyi shchorichnyk. Silske hospodarstvo [Statistical Yearbook. Agriculture]. ukrstat.gov.ua. Retrieved from: https://www.ukrstat.gov.ua/druk/publicat/Arhiv_u/07/Arch_sg_zb.htm [in Ukrainian].

18. Matsuka, V.M. (2023). Suchasni trendy inozemnoho investuvannia v Ukraini [Modern trends of foreign investment in Ukraine]. Investytsii: praktyka ta dosvid – Investments: practice and experience, 12, 88–94. DOI: https://doi.org/10.32702/2306-6814.2023.12.88 [in Ukrainian].

19. Titenko, Z.M., & Lisnichuk, V.Ye. (2024). Teoretychni osnovy vyznachennia investytsiinoi pryvablyvosti ahrarnykh pidpryiemstv [Theoretical foundations of determining the investment attractiveness of agricultural enterprises]. Ekonomika ta suspilstvo – Economy and Society, 59. DOI: https://doi.org/10.32782/2524-0072/2024-59-37 Retrieved from:https://economyandsociety.in.ua/index.php/journal/article/view/3394/3321 [in Ukrainian].

20. Sainchuk, N.V., Sobkova, N. D., & Shum, Yu. O. (2024). Investytsiini resursy terytorialnoi odynytsi (na prykladi Chernivetskoi oblasti) [Investment resources of a territorial unit: The case of Chernivtsi region]. Ekonomika ta suspilstvo – Economy and Society, 59. DOI: https://doi.org/10.32782/2524-0072/2024-59-89 Retrieved from: https://economyandsociety.in.ua/index.php/journal/issue/view/59 [in Ukrainian].

All journal issues

About the journal

Topics of the journal:

С1 Economics and International Economic Relations (by specialization)

D1 Accounting and Taxation

D2 Finance, Banking, Insurance and Stock Market

D3 Management

D4 Public Management and Administration

D5 Marketing

D7 Trade

J3 Tourism and Recreation

 

Key information:
ISSN (print): 2411-4413
DOI: 10.37128
All-Ukrainian scientific and production journal “Economics, finance, management: topical issues of science and practical activity” is a peer-reviewed open-access journal that publishes original research, theoretical articles and reviews on a wide range of economic and business issues. The articles, which have scientific and scientific-practical significance, highlight theoretical and methodological aspects of the development of agrarian sector of economy and related industries, the results of fundamental and applied research.
 
The purpose of the journal is to highlight the results of fundamental and applied research in the field of economic sciences, aimed at developing modern approaches to managing economic processes, financial support for enterprise activities and increasing the efficiency of economic systems. The publication is focused on creating a scientific environment for the exchange of research results between scientists, higher education students and practitioners in economic sphere, as well as on the dissemination of modern scientific and methodological approaches to solving current economic and management problems. The journal contributes to the development of the research in the field of enterprise economics, finance, accounting, auditing, management, marketing, entrepreneurship, trade, tourism and recreation, public management and administration, economic development and international economic relations, which meets the modern needs of the socio-economic development of the state.
 
The journal’s objectives are:
 • publishing the results of fundamental and applied research in the fields of economics, international economic relations, finance, management, public administration, accounting, marketing, tourism and recreation, and entrepreneurship;
• promoting the development of modern methods of managing enterprises and organizations, increasing the efficiency of using financial and material resources;
• supporting the research aimed at improving the economic mechanisms of enterprise functioning, developing innovative activity, and increasing the competitiveness of economic structures;
• ensuring the scientific exchange of research results between higher education institutions, scientific institutions, and business entities;
• developing methods of economic analysis, forecasting, and modeling of socio-economic processes;
• disseminating of modern approaches to financial management, accounting, taxation, and control of economic activity;
• promoting the development of interdisciplinary research related to the economic support of the development of agrarian sector of economy and rural areas;
• integration of scientific research results into the international scientific space and increasing the level of scientific communication.
Frequency of issue: 4 times a year.
Language of publication: Ukrainian, English.
Editor-in-ChiefInna Honcharuk
State registration: Decision of the National Council of Ukraine on Television and Radio Broadcasting No. 1337 and No. 1178. Media identifier – R30-05171. Publisher registration number (EDRPOU) 00497236.
Publisher’s ROR: https://ror.org/05m3ysc06 Publisher’s DOI prefix: 10.37128 ISSN (print): 2411-4413
Publisher DOI prefix: 10.37128 ISSN (print): 2411-4413
The scientific journal is included in category "B" of the List of scientific professional publications of Ukraine, in which the results of dissertations for the degree of Doctor and Candidate of Sciences in the specialties C1 (051) - Economics, D1 (071) - Accounting and Taxation, D2 (072) – Finance, Banking, Insurance and Stock Market, D3 (073) – Management, D5 (075) – Marketing, D7 (076) – Entrepreneurship and Trade, (241) – Hotel and Restaurant Business, D4 (281) – Public Management and Administration (Order of the Ministry of Education and Science of Ukraine dated March 17, 2020 №409)
History of journal:

Founded in 1997 under the name ”Bulletin of Vinnytsia State Agricultural Institute”. In 2010-2014 it was published under the name “Collection of Scientific Papers of Vinnytsia National Agrarian University”. Since 2015 “Economics, finance, management: current issues of science and practical activity” (Certificate of State Registration of Mass Media No. 21154-10954 PR dated 12/31/2014).