Abstract

This paper analyzes the business-interests of agrarian companies, and studies the condition of the agricultural sector of Ukraine as a country. The paper shows the importance and significance of agrarian sector of economy, and also the necessity of harmonizing corporate interests with national interests. This study raises concerns over the conflict of interests between the state and large corporations that do business on their territory. The fundamental national priorities of the state were grouped to better understand the objectives of state governance. The research data that was used in this study shows the dynamics of development of Ukraine’s agrarian output and the degree of accumulation of land and means of production in private ownership. This shows that large Ukrainian agricultural companies can function as agents of economic force of the state on foreign markets through their exports. Ukrainian state therefore, has its own strengths and specialization in global economy. The power and might of the state on international arena depends on proper understanding and feasible use of its own resources. The prestige of Ukraine in the world has always been linked with a tremendous potential in the food industry and the production of agrarian goods. Hence, the Ukrainian state must assist in creation and functioning of Ukrainian transnational companies on both the local market and the foreign market, because the presence of large international companies promotes the economic strength and prestige of the host country. Therefore, it is hard to overestimate the importance of this research topic. The scientific and practical relevance of this study is proven, among other things, by the lack of sufficient research in the area of harmonization of national goals of the state and the transnational business-interests. It is oftentimes omitted or even avoided in science, academia and industry. On another note, this topic is not very pleasing to the governing authorities and business altogether, because society demands truth about the utilization of economic and natural resources of the state, as those resources are considered the property of society at large. Big business tends to minimize and whenever possible to avoid paying taxes, while maximizing the access to and use of the resources of the host countries. Finally, the paper ends with some suggestions on how to approach the problem of conflicting interests and how to improve the existing methods of dealing with it.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.