Agribusiness Sector Research Articles

Реализация принципов esg в бизнес-планировании инвестиционных проектов агропромышленного комплекса

The key areas for improving agribusiness sustainability and responsibility are related to environmental, economic, health and social factors. Companies recognize that integrating the ESG (Environmental, Social, and Governance) approach into their operations not only contributes to eliminating negative environmental and social impacts, but can also be a source of competitive advantage. A more sustainable company can attract investors who are committed to ESG principles. Incorporating an ESG approach into business planning minimizes risk and maximizes the efficiency of agribusiness projects. The novelty of the research lies in identifying and describing specific ESG metrics in the business planning process, both quantitative, measurable indicators, and qualitative ones, to motivate agribusinesses to improve their financial performance.. The study places a particular emphasis on environmental and social performance. The authors have formulated methodological approaches for the use of ESG principles in business planning for investment projects in the agribusiness sector. The integration of Sustainable Development Goals (SDGs) and ESG principles into the sections of a business plan is presented in the form of a conceptual scheme. Using this relationship, companies should strive to incorporate various ESG trends into their business plans. Based on the analysis of rating agency data, business benchmarking in the agribusiness sector is presented, and sustainable development projects are discussed. The concept of sustainable agriculture is interpreted to include projects such as the implementation of precision farming technology, the automation of business processes, the improvement of soil fertility and productivity, land reclamation, the use of fallow land and the use of crop rotations optimised to maintain soil quality. The practical significance is defined in the identified ESG practices and the opportunities for their incorporation into business plans for the agribusiness investment projects.

Multicriteria negotiation model for selecting sustainable suppliers’ problem in the agribusiness

Paper aims The objective of this research is to propose a multicriteria negotiation model for selecting a sustainable packaging supplier in the food industry. The model aims to minimize the environmental, social and economic impacts of the production process of plastic while ensuring the operational criteria of packaging. Originality Despite the high number of scientific research using multicriteria decision-making suggested to select a supplier, the proposed negotiation model is innovative as it includes green manufacturing as a criterion for negotiation, alongside price and delivery time, to promote sustainable supply chain management. Research method The research method involves three stages: pre-negotiation, negotiation (based on FITradeoff), and post-agreement. The proposed model is illustrated using a case study of a Colombian slaughterhouse that needs to select a sustainable packaging supplier for the next two years. Main findings The main findings indicate that the proposed model that uses the FITradeoff for negotiation solves the problem of selecting sustainable packaging suppliers while promoting sustainable supply chain management in the agribusiness sector. Implications for theory and practice The model has implications for both theory and practice. It encourages interdependent companies to collaborate and enhances efficiency in greener terms for supply chains, buyer and seller firms. The proposition of an original integrative negotiation protocol for selecting sustainable suppliers in agribusiness can provide enterprises with a set of negotiation parameters to achieve successful sustainable supply chain management.

УПРАВЛЕНИЕ И ФИНАНСИРОВАНИЕ СЕЛЬСКОГО ХОЗЯЙСТВА С УЧЕТОМ ПРИНЦИПОВ ESG

The relevance of the research topic is due to the need to form a new culture of management of agricultural enterprises, taking into account global environmental challenges and threats to humanity. Currently, the market for green (responsible) financing in Russia is just beginning to take shape, and the agricultural sector is one of the most promising investment sectors in accordance with the goals of sustainable development and market leadership in the world. Currently, the agribusiness sector is unattractive to venture capital and green financing from banks due to its conservative management and strong government regulation, which negatively affects its innovation activity and the implementation of the principles of sustainable development. The purpose of the study is a systematic study of existing practices of green financing of agribusiness enterprises in the world and the specifics of the Russian ESG financing market, as well as the development of specific proposals for the involvement of agribusiness enterprises and financial institutions in financing sustainable development projects as an objective necessity for the preservation of life on the planet.

Finsiranje na bazi raobnih zapisa - lekcije naučene u srbiji

Aim of this paper is to analyse the role of warehouse receipts in the agribusiness sector, as well as prerequisites for successful public warehouses system. Warehouse receipt emerge as a promising financial instrument for farmers and other owners of agricultural products to provide loan against warehouse receipts. Warehouse receipts also offer alternative investment opportunities for banks by creating a new asset class. The paper analyses the experiences of the Serbia, which introduced the system of public warehouses in 2009. Applied research methodology includes literature review, comparation analyses and Indemnity fund' data analyses. According to the results of this paper, Serbian legal framework can be good example for other countries aiming to establish public warehouses system as a system consisting on all necessary prerequisite to establidh successful public warehouse system. After positive experiences in the initial years, the development of the public warehouse system in Serbia came to a standstill in 2015., when two frauds in the public warehouse system occurred, which led to a loss of confidence in public. An important lesson learned in Serbia is that in addition to complete legislation based on the experience of successful public warehouse systems, it is necessary to implement legal provisions in practice. According to the results of the paper, the main cause of the crash of public warehouses in Serbia is despite the legal provision on the establishment of a special inspection for public warehouses, this most important link has never been established in practice. Lessons learned in Serbia can be a useful experience for other countries, j the process of establishing this important system for agribusiness sector. This paper provides first comprehensive analyses of the public warehouse system in the Serbia.

Intellectual capital efficiency and its impact on sustainable growth of Indian agribusiness sector

Intellectual capital efficiency and its impact on sustainable growth of Indian agribusiness sector

Территориальное размещение и стратегическое развитие агропродовольственного сектора

The article deals with the complex problem of the territorial location and strategic development of the agrifood sector, the proper condition of which ensures the physical and economic availability of products at the consumption rate of each citizen. Territorial planning is designed to use those competitive advantages of regions that are more relevant to the task of the “desired” development of the agricultural sector. The purpose of the article is to assess the impact of the current location of the agrifood sector on the results of its strategic development. The information resource of the study was the author’s database characterizing the development of the agrifood sector of the constituent entities of the Russian Federation for 2017–2020. The method of comparative assessment of the level of indicators (localization as a criterion of specialization, productivity, costs, profitability, and selling price as a criterion of consumer protection) between regions is used to identify the competitive advantages of regions. The logic of the approach is that the “correct” specialization is a consequence of the comparative advantages of the regions in the above-mentioned positions of product competitiveness. It is shown that the current distribution of resources for the strategic development of the agricultural sector is determined by natural and economic conditions. It was revealed that in regions with the best rent-generating factors, there is also a concentration of energy capacities, labor, material and technical resources, fixed capital, and investment. It is shown that a high concentration of funds and objects of labor at a certain stage does not lead to an increase in the efficiency of new investments, but rather contributes to an increase in the capital intensity of products, their price increase and a decrease in affordability. It was found that the competitive advantages of the regions are not sufficiently used to solve the problems of strategic development of the agrifood sector. It is concluded that it is necessary to strengthen the “incentive” support measures for producers. The novelty of the study lies in the fact that the scientific aspects of the territorial location of the agrifood sector are supplemented by theoretical and methodological provisions based on the principles of balanced formation of the physical and economic accessibility of products. The scientific developments can be used by public authorities to support strategic decisions on territorial planning of the agribusiness sector.

Intellectual capital efficiency and its impact on sustainable growth of Indian agribusiness sector

The study focused on scrutinising the effect of intellectual capital (IC) components and financial capital (FC) on the sustainable growth of Indian agribusiness companies. First, the Lagrange multiplier test is conducted, identifying whether the panel least square is more suitable than the fixed effects model (FEM) or random effect model (REM). Next, the Hausman test determines whether the REM or FEM model is appropriate for panel data analysis. Next, to investigate the groupwise heteroskedasticity in panel data, Breusch-Pagan/Cook-Weisberg test is used. Then, the effect of IC components on agriculture companies' long-term success is investigated using a multiple regression model. The study's results are based on a sample of 14 publicly traded Indian agribusiness companies. Results conclude that the efficiency of the capital employed, human capital (HC), relational capital, and FC are all highly significant in determining the long-term development of Indian agribusiness.

Demand management process assessment in food supply chains: an empirical study in coffee supply chains from Peru

High demand management uncertainty and price volatility, food spoilage and other wastes affect operational performance across the food supply chain. The demand management process of the food supply chain can drive improved sourcing and demand fulfilment, minimising the effects of demand variability and meet customer demand. This research creates an evaluation tool based on a literature review of the main processes of demand management in the supply chain. This study evaluates aspects of three principal Peruvian production centres. Data was obtained from farmers, cooperatives, associations, suppliers, intermediaries, and exporters. The results show none of them has yet managed to cover all relevant aspects of demand management, that is, there are still strategic and operational areas in need of further development. Furthermore, with input of experts, we provide a greater understanding of the coffee industry, and other agribusiness sectors of other emerging market economies.

МОДЕЛИ ПРОГНОЗИРОВАНИЯ УРОВНЯ ЦИНКА В МЫШЕЧНОЙ ТКАНИ КРУПНОГО РОГАТОГО СКОТА

Biochemical processes occurring in of cattle related to their elemental status. Therefore, the search for models of in vivo assessment of the level of zinc in the muscle tissue of animals is relevant. The level of zinc in muscle tissue influences the quality indicators of beef. The samples of the diaphragmatic muscle weighing 100 g were taken from Hereford cattle bred under typical conditions of an agribusiness sector in the south of Western Siberia (Russia). Elemental analysis was carried out by the atomic absorption method with electrothermal atomization on a spectrometer MGA-1000. Measuring of hematological parameters – erythrocyte, leucocyte and haemoglobin levels – was carried out on an automatic hematological analyzer PCE-90VET. Biochemical parameters were determined using photometric methods on a Photometer-5010 biochemical analyzer. The coefficients of regression models were calculated using the least squares method. The choice of the most accurate and effective model was made on the basis of a comprehensive assessment of indicators of internal and external quality criteria. The values of the dependent variable correspond to the Gaussian one. A high correlation between independent variables was revealed. The selection based on internal and external quality criteria revealed an optimal model for predicting the level of zinc in muscle tissue of Hereford cattle, containing three predictors: erythrocyte sedimentation rate (mm/h), color index and total cholesterol (mmol/l). The model meets the necessary assumptions: the residuals are normally distributed, there are no autocorrelations, and the observations are influential. There is no evidence of multicolleniality between the main effects of the main model (VIF = 1.0–1.1). The resulting model can be used for in vivo assessment of the level of zinc in the muscle tissue of cattle.

PENYELESAIAN KREDIT MACET SEKTOR AGRIBISNIS PADA PERUSAHAAN DAERAH BPR ROKAN HULU MENURUT UNDANG-UNDANG NOMOR 10 TAHUN 1998 TENTANG PERUBAHAN ATAS UNDANG-UNDANG NOMOR 7 TAHUN 1992 TENTANG PERBANKAN

One of the financial institutions experiencing credit problems in the Pasir Pangaraian area is PD BPR Rohul. The number of customers in 2021 is 1170 customers with a loan amount of Rp. 37,091,711,617, where bad loans amounted to Rp. 2,388,181,879 of which agribusiness credit is the type of credit with the most bad loans, which is Rp. 1,600,782,615. The problems in this study are the factors that cause the occurrence of bad loans in the Agribusiness Sector at the Rokan Hulu Rural Bank Regional Company, how to resolve the Agribusiness Sector bad loans and the obstacles faced by the Rokan Hulu Rural Bank Regional Company in credit settlement. Agribusiness sector traffic jam. This research is a sociological research located at the Regional Company of BPR Rokan Hulu. The data sources used in this research are Primary Data, Secondary Data and Tertiary Data with Data Collection Techniques using Interviews and Library Studies. Based on the discussion, the authors conclude that the rights and obligations of each party based on the credit agreement include the ceiling and intended use of credit, term and schedule, interest rates, fees and administrative costs, insurance, power of attorney, guarantees, fines, interest in arrears, defaults, execution of collateral, change of domicile, notification, change, validity period, legal domicile and closing articles. Settlement of bad loans in the Agribusiness Sector at the Rokan Hulu Rural Bank Regional Company is carried out by rescheduling, reconditioning and liquidation. Obstacles faced by the Rokan Hulu People's Bank Regional Company in resolving bad loans in the Agribusiness Sector in the form of agribusiness businesses that are not managed properly, collateral sold privately, customers experience ongoing internal problems, customers are in debt, customers are difficult to communicate with, change addresses, influence PD BPR Rohul staff and customers avoid deliberations.

Dairy farming dynamics in the state of São Paulo

Dairy farming is one of the most relevant sectors of Brazilian agribusiness and it has high socioeconomic importance to the nutrition and food safety of the population. In 2019, Brazil was ranked as the sixth largest milk producer in worldwide. However, the state of São Paulo has been particularly showing a gradual decrease in the country’s prominence regarding milk production, as it was downgraded from the second largest producer in 1990 to the sixth one in 2019. In this context, the general objective of this research is to analyze the dynamics of the dairy farming system in the state from Sao Paulo. For such a purpose, this work was developed through an exploratory research of a quantitative nature. Moreover, a literature review on the subject and documental research allowed analyzing the explanatory factors of productivity changes in dairy farming activities, and it was found that the state of São Paulo presented a significant reduction in its cattle herd and milked cows during the period of analysis (1990-2019), thus leading to lower milk production. Despite managing to increase its milk productivity rates, the state has not followed the nation’s growth trend for the sector. A combination of these factors explains such a reduction in São Paulo's prominence nationwide. Its productive structure does not seem to be an influencing factor in such dynamics, since the features of production in small farms and Family Farming are similar among its main producing states and the country as a whole.

Decision-making in agribusiness based on artificial intelligence

Purpose: Artificial Intelligence (AI) tools have become popular in the most diverse contexts of use. This research sought to investigate how AI tools were applied in agribusiness by assisting producers in decision-making. Design / methodology / approach: To this end, online and semi-structured interviews were conducted with managers and rural producers who use this type of technology on their properties. Findings: AI was found to be present in machinery, software, and other applications applied for crop monitoring, soil quality verification, and management in general. Users are quite optimistic with the results, especially in decision support during planting period. These differences are perceived before and after technologies utilization. However, interviewers still believe that the human presence is fundamental in the farming. Research limitations / implications: As limitations, it is highlighted the schedule for conducting the interviews, as well as the fact that they were performed online. Despite this, it was possible to verify the importance of the use of technology for the agribusiness sector, serving as support for the management of rural properties. Originality / value: In the Information Systems studies field to relate the use of AI and decision-making in a sector such as agribusiness is something recent and innovative.

PENGEMBANGAN ASET KOMUNITAS DESA MELALUI PUSAT PELATIHAN PERTANIAN DAN PEDESAAN SWADAYA (P4S) BERBASIS AGRIBISNIS (STUDI KASUS DI P4S HIKMAH FARM KECAMATAN PARE, KABUPATEN KEDIRI)

One of the organizations that supports Indonesia's agribusiness sector, particularly the supporting sub-system, is the Agricultural and Rural Training Center Self (P4S). The researcher's goal is to examine how village community assets have grown at P4S Hikmah Farm. The study took place between April and August of 2022. At P4S Hikmah Farm in Tretek Village, Pare District, Kediri Regency, the research was conducted. analysis of research data using the Miles and Huberman interactive model. The findings revealed that: 1) the Agricultural and Rural Self-Help Training Center's (P4S) development of village community assets was excellent and took full advantage of every local village potential to enhance P4S performance;2) Due to P4S's emphasis on education, training, and the development of agricultural human resources, human resource assets are very important in organizing operations; 3) Social assets in P4S Hikmah Farm are also problematic since they are linked to community empowerment, particularly for farmers.

A conceptual framework for sustainable entrepreneurship in patchouli farming

The world’s demand of essential oil has been increased and could contribute to increase the benefits for several countries. Indonesia has potential for patchouli farm and is one of largest exporter countries. Patchouli is one of the sources of essential oil has contributed to fill the high demand. Farmers has the key role in patchouli cultivation must sustain their production without harm the ecosystem. This study aims to identify the theory, experience and perspective of sustainable entrepreneurship in the agribusiness sector, namely patchouli cultivation. This study reviewed previous research on several data bases, including Google Scholar and Researchgate. Several articles related to research topics from reputable journals were collected. The results of this study were carried out succeeded in formulating a research model on the influence of sustainable attitudes, sustainable norms, sustainable behavior, achievement of opportunities, three points of sustainability, on sustainable entrepreneurship. The research model that was formed is recommended for further research. This conceptual paper formulates a model and requires empirical research to generalize the existence of the theory in the future. The research model formulated in this study is still relatively new in the field of sustainable entrepreneurship in patchouli cultivation.

Empowerment Of The Agribusiness Sector As A Effort To Increase Food Security (Artikel Review)

The agribusiness sector is a mega sector in the national economy, involving all national regions, involving and supporting about 80 percent of the Indonesian population, absorbing most of the national workforce with various qualities and various socio-cultural backgrounds. As an effort to increase food security, it is necessary to empower the agribusiness sector. The food crisis cannot be solved only in the sub-sector, but must be comprehensive starting from upstream agribusiness, farming, and downstream food, including the provision of supporting services. As part of the national economy, the performance of the agribusiness sector is influenced by the economic strategies and policies adopted by the government. The purpose of this paper is to discuss the relationship between empowerment of the agribusiness sector, especially as an effort to increase food security. Since the economic crisis hit, only the domestic agribusiness sector has been able to survive, therefore to make adjustments to the new environment, namely by empowering the agribusiness economic sector as a national industrialization strategy that is able to build a strong foundation of Indonesia's balance of payments in the long term and able to survive, especially in the long term. food crisis period that has the potential for national economic recovery.

Reforming the Taxation of Agrarian Entrepreneurship (Case Study of Azerbaijan)

The relevance of the stated topic of study is determined by the fact that the bulk of tax revenue in transition economies comes from agrarian entrepreneurship. The purpose of the study was to develop practical recommendations that would resolve most of the issues in the agribusiness sector in transition economies. The key research methods are a qualitative combination of modelling, analogy, deduction, and induction, which allowed for a comparative characterisation and identification of the most effective options for reforms in the agricultural sector. It was determined that the creation of a favorable tax environment would contribute to increasing the efficiency of agrarian business, which in turn would lead to the improvement of basic economic indicators. It was established that over the past ten years, many positive changes have taken place in the tax sector of Azerbaijan, which have improved the overall efficiency of the country's tax system. This made it possible to increase the amount of income to the state budget of the country. Having analysed the experience of other countries and studied in more detail the advantages and disadvantages of the tax system in Azerbaijan, it became possible to provide key recommendations to improve performance in the area. The results of the study present reforms to improve the agricultural taxation system, which account for the socio-economic characteristics of Azerbaijan and can be used as recommendations in further studies aimed at improving the taxation of agribusiness. The impact of various reforms on the functioning of the tax system in light of the proposed changes was estimated. The results of this investigation have practical value for employees of the tax authorities of Azerbaijan and scientists who will continue studies in this regard

Homomorphic Asymmetric Encryption Applied to the Analysis of IoT Communications.

In this paper, we describe the use of homomorphic encryption techniques in order to not only ensure the data are transmitted in a confidential way, but also to use the encrypted data to provide the manager with statistics that allow them to detect the incorrect functioning of a sensor node or a group of sensors due to either malicious data injection, data transmission, or simply sensor damage (miscalibration, faulty sensor functioning). Obtaining these statistical values does not need decryption, so the process is sped up and can be developed in real time. Operating the data in this way ensures privacy and removes the need to maintain a shared key infrastructure between the sensor nodes and the manager nodes that are part of the blockchain infrastructure. In this work, we focus on operations with the sensor nodes that provide data that will be, later, treated as part of the business logic in the agribusiness sector (for example), hence the importance of having fast checking mechanisms in terms of data quality. The results obtained on conventional configurations of sensor nodes encourage the use of this technique in the aforementioned infrastructure.

Motivational Factors of Women Entrepreneurs in Agribusiness Entrepreneurial Development in Malaysia

Successful women entrepreneurs are recognized through their strong motivation, desire, and capabilities to enhance economic development and increase entrepreneurial diversity in a range of various economic contexts. Motivation comprises biological, emotional, social, and cognitive components that drive behavior and agribusiness entrepreneurship. Given the important role played by women in contributing to the development of entrepreneurial activities in agribusiness, this study therefore aims to examine the motivating factors for women involved in agricultural entrepreneurship and entrepreneurial development in agribusiness. An online survey was conducted among women entrepreneurs in Malaysia, and descriptive analysis and multiple regression analyses were employed to analyze the data quantitatively. The findings revealed that women in the study area mostly received support from implicit and explicit motivation, such as psychological characteristics and competencies to achieve their business goals and boost their efforts in uplifting economic wellbeing and developing the agribusiness sector. Women who engaged in community development were highly influenced by connections and attitude motivational patterns that predict entrepreneur behavior. Hence, activities that led to increased motivation for women to improve their competency, power, and involvement in agribusiness should be fully supported. These factors enhanced job creation and built their credibility in agricultural entrepreneurship development.

Sustainability and Creativity Management in Agribusiness

Agribusinesses are closely linked to natural resources, and sustainability is relatively important to companies indulged in agribusiness. This is especially true in developing countries, whose agricultural activities have largely focused on increasing efficiency rather than protecting the natural environment. Agribusinesses in these countries are currently facing the challenge of adopting corporate social responsibility practices. In this context, individual and collective creativity can be decisive. Our objective is to assess the role of creativity in improving knowledge management and innovation, environmental sustainability and performance in the agribusiness sector in the Dominican Republic. We develop a model linking green creativity with corporate social responsibility, knowledge-based innovation and sustainability performance, and formulate and validate numerous hypotheses that could help to better understand the different relationships and impacts between these elements. Testing these hypotheses could have implications for agribusiness management and policy in the Dominican Republic and possibly in other countries with a similar nature of their productive structure.

The Role of Islamic Rural Banks in the Development and Strengthening of Micro, Small and Medium Enterprises in the Agribusiness Sector in Riau Province

The problem of Micro, Small and Medium Enterprises in the agribusiness sector in Riau Province is business capital. This research aims to analyze the role of Islamic Rural Banks in the development and strengthening of Micro, Small and Medium Enterprises in the agribusiness sector in Riau Province. The method used in this research is empirical research. The results of the research explain that the average Micro, Small and Medium Enterprises in the agribusiness sector in Riau Province have characteristics in the age group of 38 to 43 years with junior high school level education and 1 to 7 years of business experience. There are two Sharia Rural Banks in Riau Province, namely BPRS Berkah Dana Fadhlillah and BPRS Hasanah. Bank service variables and types of financing products have a significant effect on the development and strengthening of Micro, Small and Medium Enterprises in the agribusiness sector in Riau Province. The strategy adopted by BPRS Berkah Dana Fadhlillah and BPRS Hasanah is a faster financing process so that they can compete with conventional banks as well as product innovation and affordable administrative costs.