INFLUENCE OF INSURANCE ON COMPETITIVENESS OF FOOD ENTERPRISES IN UKRAINE

Authors

  • Lada Shirinyan National University of Food Technologies
  • Mykhailo Arych National University of Food Technologies
  • Hanna Rohanova National University of Food Technologies

Keywords:

insurance, competitiveness, food industry, assets, equity, sales, costs

Abstract

The paper is devoted to the analysis of the influence of insurance on key indicators of the activity of food industry enterprises (FIEs) from the viewpoint of use of insurance by the insurance market participants. The aim of the work is to analyze the relationship between insurance costs and indicators of efficiency and competitiveness of Ukraine's FIEs. Hypotheses concerning the propensity of FIEs with higher competitiveness to use insurance and influence of insurance on key indicators of FIEs activity have been formulated and tested. Economic-statistical analysis and correlation-regression analysis have been performed. The hypothesis about the existence of dependence between the competitiveness of FIEs and the portion of money allocated by FIEs for insurance is confirmed only for FIEs with high efficiency of business activity.

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Published

2021-05-12

How to Cite

Shirinyan, L. ., Arych, M., & Rohanova, H. . (2021). INFLUENCE OF INSURANCE ON COMPETITIVENESS OF FOOD ENTERPRISES IN UKRAINE. Management Theory and Studies for Rural Business and Infrastructure Development, 43(1), 5–12. Retrieved from https://ejournals.vdu.lt/index.php/mtsrbid/article/view/1422

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