Favorable Terms Research Articles

Credit Cost Management and Financial Performance of Hotel Businesses in Kenya

This study explores the impact of credit cost management on the financial performance of businesses in Kenya's hospitality sector. Specifically, it examines how interest rates, loan collateral, and loan repayment terms influence the profitability and financial stability of small and medium-sized enterprises (SMEs) in the industry. The study is supported by Loanable funds theory, Credit scorecards theory and Tradeoff theory. Through a desk review of existing literature, the study identifies that high interest rates increase the cost of borrowing, creating financial pressure on businesses, while lower rates support profitability. Loan collateral is found to be a major determinant of access to credit, with businesses that provide sufficient collateral securing loans more easily. Flexible loan repayment terms contribute to better cash flow management and liquidity, improving overall financial performance. The study concludes that effective credit cost management is critical for the success of hospitality businesses and recommends that financial institutions and policymakers collaborate to provide more favorable credit terms, including lower interest rates, reduced collateral requirements, and more flexible repayment options. Increased transparency in loan agreements and government interventions to support SMEs are also essential for fostering financial growth in the sector.

The impact of financial literacy on SMEs lending conditions

This study investigates the influence of entrepreneurs' financial literacy on the banking-lending terms extended to small and medium-sized enterprises (SMEs). We employed structured interviews with account managers from the second-largest bank in Brazil. The findings demonstrate that financial literacy positively impacts SME bank lending terms across three dimensions: knowledge, behavior, and attitudes. Entrepreneurs with higher levels of financial knowledge are more adept at negotiating favorable credit terms, thereby reducing administrative costs. Financial attitudes serve as a signal to banks of entrepreneurs' confidence and professional management capabilities. Additionally, heightened financial behavior enables entrepreneurs to advocate for more sophisticated financial products. Results achieved are further evidence of the positive impact that financial literacy can bring to SMEs by providing a basis for making sound financial decisions. This research provides valuable insights into how assessing lending practices through the lens of financial literacy can inform policy design, aiming to transform regions with low economic development by leveraging credit as a tool for poverty alleviation. The research aimed to analyze the influence of financial literacy on the lending conditions of SMEs from the perspective of financial institution agents involved in credit provision.

Farmers’ Perception and Financial Profitability of Mustard Production in Bangladesh

The study was undertaken to assess farmers’ perception and explore the factors affecting farmers’ decision to adopt mustard production along with estimate financial profitability and identify potentials and problems of mustard production. Based on stratified random sampling, 120 farmers were interviewed using a structured questionnaire to collect primary data from different villages of Ullahpara upazila under Sirajganj district of Bangladesh. A combination of descriptive statistics, mathematical and statistical technique was used to analyze the data and to achieve the objectives. The study depicts that the highest number of the respondents (35%) belong to the 31-45 age group. Seventy two percent respondents were small farmers having land less than 1.0 hectare and they allocated 34% of their farm area for mustard production. Financial profitability analysis shows that mustard production was profitable on both variable cost and total cost basis and its benefit cost ratio (BCR) was more than one. In case of farmers perception, it was revealed that short duration crop, consumers’ preferences, product price, extension services and sharing of work among household members were the main driving factors for mustard production. Applying dichotomous logistic regression model, four factors namely, farmers’ age, number of family members, experience and farm size were found as significant determinants of adoption of mustard production. Large domestic market, limited use of high-yielding varieties, growing demand for mustard oil and attack of pests and diseases were found as important strength, weakness, opportunities and threats of mustard production, respectively. Finally, the study recommends that there are ample opportunities to enhance mustard production by ensuring access to quality seeds, adopting new technologies, securing fair prices, providing input subsidies, and improving institutional credit facilities with favorable terms and conditions. Bangladesh J. Nuclear Agric, 38(1): 65-80, 2024

Correlation of radiological parameters with functional outcomes post fixation with proximal humerus locking plates.

Proximal humerus fractures account for 4-5% of all fractures in adults and affect females more than males. With the advent of special locking plates, the treatment trend has shifted more towards a surgical approach. These methods have produced good results but very high complications rates have been reported in the literature. This study was undertaken to analyse the radiological parameters which reflect towards a favourable long term functional outcome in order to advance the surgical fixation skills for managing fractures of the proximal part of the humerus. 83 study participants with proximal humerus fracture fixed using proximal humerus locking plates were retrospectively analysed. The radiological parameters studied were neck shaft angle, head shaft angle, head diameter, head height, greater tuberosity to articular surface distance and reduction of the medial hinge with or without placement of calcar screw. The functional parameters assessed were the Constant Murley Score and range of movements of the shoulder joint. The patients were not followed further for the purpose of the study. The mean Constant Murley Score for the participants was 80.75 ± 8.09 (range 60-90). The participants with good to excellent CM Score had a significantly higher neck shaft angle (107.47 ± 9.74 v/s 124.16 ± 10.68) and (-0.28 ± 0.85 v/s 2.37 ± 2.28), head shaft angle (23.09 ± 4.82 v/s 31.76 ± 7.76), head diameter (40.08 ± 8.63 v/s 45.15 ± 4.73), head height (18.77 ± 1.96 v/s 20.69 ± 2.76) and greater tuberosity to articular surface distance (-0.28±0.85 v/s 2.37±2.28) as compared to the patients with satisfactory and worse CM Score. The patients with a higher neck shaft angle and a maintained subacromial space had a better range of shoulder abduction. A higher rate of valgus collapse was seen with an inadequate medial hinge reduction. The radiological parameters which can predict towards a good functional outcome are a higher neck shaft angle and head shaft angle, a larger head diameter and head height, a superior position of the greater tuberosity in relation to the articular surface and a good medial hinge reduction.

Integrating policy incentives and risk management for effective green finance in emerging markets

Integrating policy incentives and risk management is pivotal for driving the growth of green finance in emerging markets. The transition to sustainable finance necessitates an alignment between government policies and financial institutions to mitigate the risks associated with green investments. This abstract explores how policy incentives, such as tax breaks, subsidies, and regulatory frameworks, can encourage financial institutions to channel investments into green projects while addressing market-specific challenges like underdeveloped financial infrastructure and regulatory gaps. In emerging markets, the perceived risks of green investments, such as uncertain returns and regulatory volatility, often deter private sector engagement. However, integrating robust risk management strategies—including diversification, public-private partnerships, and risk-sharing mechanisms—can significantly reduce these risks, thereby enhancing the attractiveness of green finance. Additionally, government-backed incentives can lower capital costs for green projects, enabling financial institutions to provide more favorable lending terms. Regulatory frameworks that standardize green finance criteria and reporting are also critical for fostering transparency and accountability, which in turn build investor confidence. The interplay between policy incentives and risk management is further highlighted through case studies from emerging markets that demonstrate successful implementation of green finance initiatives. These examples illustrate how policy-driven support mechanisms and comprehensive risk management frameworks can unlock significant investment potential in green infrastructure, renewable energy, and sustainable agriculture. By fostering a supportive policy environment and addressing risk factors through innovative financial instruments, emerging markets can enhance green finance flows, promote sustainable development, and contribute to global climate goals. This integrated approach is essential for bridging the financing gap in green projects, ensuring that environmental sustainability is aligned with economic growth and risk mitigation.

Profit or Power: Determinants of Chinese Financing to the Developing World

ABSTRACT Since the launch of its ‘going out’ strategy in 1999, China has become the largest bilateral sovereign lender to the developing world. This article argues that, since Xi Jinping came to power in 2012, China has used overseas financing to developing countries to consolidate a strategical wedge between certain borrowing countries and the United States, China’s main geopolitical rival. Using a Heckman two-stage estimation, this article shows how China, albeit providing financing to a wide array of developing nations, lends more and on more favourable terms to countries that are farther away from the United States in terms of foreign policy preferences. Statistical analyses on a sample of 148 developing countries from 2000 to 2017 provide support for the hypotheses.

Factors affecting SMEs’ choice of banks in Oman: an emphasis on Islamic banks

Purpose Commercial banks are the catalysts for meeting the financing needs of small and medium enterprises (SMEs). However, not all commercial banks are equally attractive to SMEs because of differences in banking services’ key attributes. Moreover, customers’ preferences vary between Islamic and conventional banks. This paper aims to identify factors motivating SMEs to establish business ties with banks in Oman. Design/methodology/approach The authors collected data from 217 SMEs through a questionnaire survey. The data were analyzed using a t-test and structural equation modeling (SEM). In addition, the research applies the theory of planned behavior as a theoretical framework. Findings The t-test results show that SMEs place greater emphasis on electronic banking, convenient locations, religious beliefs and favorable terms and conditions. The results from the SEM analysis show that the SMEs in Oman consider attractive packages, including favorable rates, transaction processing time, fees and the availability of technology-enabled services, when choosing a bank. Moreover, customers who are aware of Islamic banking products are optimistic about the future of Shariah-based banking. Originality/value As a Muslim-majority country, Oman lags behind its Gulf Cooperative Council peers in terms of the development of the Islamic banking system. For the success of this mode of financing, it is essential to know which factors SMEs prioritize to establish ties with Islamic banks. Hence, the research is expected to provide new information for bank management to devise financial products attractive to investors.

A qualitative investigation into the effectiveness of a housing navigator program linking justice-involved clients with recovery housing

BackgroundRoughly 24–36% of people who are incarcerated in the U.S. are formally diagnosed with opioid use disorder (OUD). Once released, individuals involved with the criminal legal system (CLS) face increased risks of return to use and fatality and are 129 times more likely to die from an overdose within the first two weeks of release compared to those without CLS involvement. People who are CLS-involved and who are seeking a recovery living environment can access temporary stable housing through recovery homes. However, entering a recovery home can be difficult due to fragmentation among recovery housing organizations and their non-uniform application and screening procedures. A navigation pilot program was implemented to provide clients with recovery home placement advice, pre-screening, and referrals in Cook County, IL. Existing research on recovery homes has rarely examined the importance of recovery housing navigation for enhancing service engagement among CLS-involved individuals receiving medications for OUD.MethodsSemi-structured qualitative interviews were conducted with 22 clients and three recovery housing navigators as part of a program evaluation of the navigation program pilot. Qualitative software was used to organize and qualitatively analyze transcripts through several rounds of coding producing emergent themes, which were then triangulated, and expanded using navigator data.ResultsClients seeking recovery home services reported multiple prior challenges securing safe and supportive recovery living environments. Despite low initial expectations, clients described their interactions with housing navigators in favorable terms and felt navigators worked with them effectively to identify and meet their housing and substance use needs in a timely manner. Clients also commented on their partnerships with the navigator throughout the process. Interactions with navigators also calmed fears of rejection many clients had previously experienced and still harbored about the process, which bolstered client-navigator relationships and client motivation to engage with additional services.ConclusionEvidence from this study suggests recovery home navigation can improve the speed and efficiency with which clients are connected to appropriate services that are tailored to their specific needs as well as increase client motivation to engage with a myriad of recovery services.

ThP3.6 - Long Term Surgical Outcome of Complete Intrathoracic Stomach (CIS)

Abstract Background & Aims Surgery is required for medically fit symptomatic CIS patients to avoid complications (volvulus, obstruction & strangulation) that have high morbidity & mortality. To assess the long term outcome including QOL (quality of life) for patients who underwent laparoscopic biological hiatal mesh reconstruction for CIS (100%). Methods Retrospective analysis of a prospectively collected of 34 CIS of 154 consecutive GPEH(Giant Para-Esophageal Hernia) patients intervened between March 2008- December 2023 in a large DGH. Data collected included demographics, BMI, ASA, Preoperative investigations (OGD & Computerised Tomography), operative details including complications, & standardised GERD-Health Related Quality of Life Questionnaire(GERD-QOL) scores of 0-5, 6-10, 11-15 & more than 15 as excellent, good, fair & poor respectively (pre-operatively, 6-month post-operative & long-term), postoperative diet, SOB (shortness of breath) & patient satisfaction. Results 34 included M:F 11: 23, age 72*(45-83) years, BMI 29 *(20-43), ASA III *(II-III). 20(59%), 20(59%), 18(53%), 14(41%), 14(41%) & 12(35%) had heartburn, dysphagia, retrosternal discomfort, vomiting, weight loss and SOB respectively. 6 (18%) emergencies, 22 (65%) incomplete OGDs, operative time 210* (150-510) mins, 1(3%) conversion, 3*(9%) surgical mortality & PO stay 3*(2-27) days. Pre and 6-month post surgery GERD-QOL poor (≥15) & excellent (<5) in 21(62%) & 32(94%) respectively with 32(94%) excellent satisfaction. Follow up at 102*(16-190) months had 2 more unrelated deaths, 21(72%) contacted with GERD-QOL excellent (<5) in 14(67%), poor 1(5%), 19(90%) solid diet, 2(10%) SOB with 19(90%) excellent satisfaction. Conclusion Favourable long term outcome achieved here supports complex surgery for this debilitating condition in the medically fit symptomatic elderly patients. * Median

Determinants of Farmers' Awareness and Perspectives on Pradhan Mantri Fasal Bima Yojana in Southern Tamil Nadu, India

Farmers in India face numerous risks that significantly impact their crop production, highlighting the need for effective crop insurance. Recognizing the limitations of the existing crop insurance system, the Government of India initiated the Pradhan Mantri Fasal Bima Yojana (PMFBY) during the Kharif 2016 season. This scheme offers competitive premiums and favourable terms, yet coverage of farmers remains low. This study investigates the factors influencing the farmers’ awareness and perceptions of the PMFBY scheme. The survey was conducted to collect primary data from 350 cotton farmers in Virudhunagar district, Tamil Nadu. Findings reveal that while farmers have partial awareness of various aspects of crop insurance, they are generally informed about premiums and procedural requirements. The probit model analysis identifies that education, organizational membership, mass media exposure, and extension contacts have a positive influence on farmers' awareness levels. However, negative perceptions persist, particularly concerning delayed claims, inadequate compensation, and high premium rates. This study recommends the implementation of government-led awareness programs designed to educate and cultivate greater awareness among farmers regarding crop insurance and its benefits. Such initiatives could enhance demand for crop insurance to mitigate the adverse impacts and ensure greater sustainability of farmers' livelihoods.

Influence of infrastructure institutions on the dynamics of agricultural production development in Kazakhstan

Object: to assess the impact of infrastructural institutions on the development of rural production, as well as to investigate the present results in agricultural production and its prospects. Methods: the system-functional approach was used as a general method, as well as general scientific methods: abstract-logical, dialectical; methods of statistical analysis. Results and conclusions. Findings: technology, infrastructure, and market strategies all play a role in fostering agricultural growth for the benefit of the broader population at all developmental phases. Insufficient infrastructure stands out as a significant barrier to the effective advancement of the agro-industrial sector. Investing public funds into infrastructure holds significance in establishing favorable conditions for financial markets to operate effectively in rural regions. Enhancing rural infrastructure also incentivizes commercial entities to extend favorable loan terms to farmers, as the associated risks diminish. Furthermore, a pivotal determinant of international competitiveness lies in the presence of sufficient and efficient national infrastructure. Conclusions: enhancing national infrastructure can bolster international competitiveness through several avenues, including boosting price competitiveness, enhancing non-price competitiveness, and attracting foreign direct investment (FDI).

Ideological and Linguistic Features Analyses of US Presidential Written Discourse addressing Immigration and Terrorism Issues

The aims of this study seeks to examine the underlying linguistics features and ideological concept found in the political speech of American EX President, with a specific emphasis on tweets related to Islamophobia and immigration. The study employs a descriptive and interpretive research design. The corpus of the study consisted of 50 purposely selected Tweets, spanning from 2nd January 2015 to 20th May 2020. Data analysis were conducted using Fairclough's ten-question model (1993). It is found that Trump strategically employed his presidential authority to target Islam and immigration, portraying them as the root cause of terrorism and economic challenges. Trump employed favourable terms while referring to Americans and his supporters, while associating Islam and immigrants with unfavourable descriptors. The findings of this study revealed that Trump employed hyperbole to magnify the perceived threat posed by Islam and immigrants. Trump predominantly employed modal verbs expressing certainty rather than those indicating likelihood in order to demonstrate authority. The future and simple present tenses were commonly used to depict the current threat posed by immigration and the terrorism perpetrated by Islamic groups. The comparative and superlative forms were employed to compare the current state of brightness in the US with its past. The pronouns "we, our, us" were used most frequently to convey a sense of oneness and reduce the perceived barrier between Trump and the audience. Declarative sentences were the most expressive and meaningful acts.

The Moderating Role of Government Effectiveness on the Relationship between Selected Macroeconomic Variables and Horticultural Export Performance in Kenya

The horticultural sector in Kenya plays a crucial role in driving the country’s economy, making up approximately 1.6% of the country’s GDP in 2019. Despite generating a significant Ksh152.3 billion in 2022, the value of these exports exhibited a decline compared to Ksh157.7 billion in 2021. These decreases in horticultural exports performance warrant further investigation into the underlying factors impacting this important sector. This study examines the role of government effectiveness in the relationship between different macroeconomic factors and Kenya’s horticultural exports performance using time series data from 1990 to 2021. The study’s key findings highlight the significant influence of government effectiveness on the relationship between exchange rates, inflation rates, interest rates, and horticultural export performance. This implies that well-designed government policies have the potential to enhance the positive impacts of these macroeconomic factors. The findings highlight the crucial role of government effectiveness in shaping the impact of macroeconomic factors on Kenya’s horticultural export performance. Considering these findings, the study provides a few policy recommendations. Investments in strengthening government institutions and policies can amplify the benefits of favourable exchange rates, controlled inflation, and stable interest rates on horticultural exports. Additionally, taking steps to enhance market access, decrease trade barriers, and negotiate more favourable trade agreements can amplify the advantages of favourable terms of trade for horticultural exports. Lastly, it is important to consider policies that can help address the negative effects of unfavourable terms of trade. This includes strategies like export diversification and risk management, which can be particularly effective with strong government backing.

Strategies to Enhance the Productivity of an Automotive Company Throughout the Supplier Selection Process Method

The study aims to determine strategies for selecting suppliers to improve productivity at the automotive company. Supplier selection methods are vital for purchasing and procurement departments, as they directly influence organizational success. By carefully assessing suppliers, these departments can ensure cost efficiency by negotiating favorable terms and prices and guaranteeing high-quality products or services that meet established standards. By employing qualitative research methods, the research scrutinizes the criteria, decision-making processes, and challenges in selecting suppliers through analysis of the methods. The result indicates that the Fuzzy AHP emerges as the most prominent method. The findings of this research contribute to the existing body of knowledge by offering valuable insights and practical implications for improving supplier selection processes within automotive companies. This research identifies and ranks criteria for supplier selection and monitoring, as well as explains where supplier selection strategies could be improved, with the ultimate goal of improving supply chain management and overall organizational performance in the automotive sector

Benefits of a collaborative liquidity management approach: a simulation study for the Indian auto value chain

Purpose Liquidity is a primary concern for businesses. The purpose of this study is to understand the impact of the collaborative liquidity management within the supply chain. Larger firms prescribe favorable trade terms in the transactions and do not engage in value chain vision sharing with their smaller counterparts. Smaller firms encounter challenges with liquidity and often face the risk of bankruptcy. Such practice can threaten the entire supply chain. Instead, collaborative liquidity management can offer a win–win scenario to both parties. In that case, what are the benefits of implementing a collaborative liquidity management approach across the value chain, and what is the reward? Design/methodology/approach The authors selected key liquidity metrics that matter most to the organizations from a cohort of 307 firms from the Indian automobile industry for 10 years (2012–2021). The authors classified the businesses into five distinct revenue-based categories. They emphasized the importance of expanded supply chain finance adoption and demonstrated how collaborative liquidity management strategies boosted return on assets. Findings The research confirms the tangible benefits of greater adoption of supply chain finance in realizing supply chain members’ shared vision. The authors challenged the age-old practice of power-based relationships in the supply chain. They recommended a win–win scenario through practical cooperation and increased adoption of SCF by value chain members. Originality/value Existing research predominantly focuses on dyadic relationships and is restricted to Europe and China. According to the authors, no comprehensive investigation has been conducted in India. This application of simulation techniques to improve the liquidity performance of companies in developing economies is innovative.

Noble Chemical Agency – managing working capital in troubling times

Learning outcomes The primary objectives of the case study are to get the participants exposed to the issues of working capital which even profitable companies face on a day-to-day basis; give the participants an understanding of how to balance the, at times, conflicting objectives of increasing profits and sales through favorable credit terms; and expose them to the impact of increase in inventory levels and average collection period on margins in a period of slow growth. They will also learn about the concept of factoring and its uses. Case overview/synopsis The case study is about a group of companies engaged in education, steel fabrication and oil businesses owned by a single proprietor. The company was based in Fatehnagar which was part of Hyderabad district in the state of Telangana, India, and the case study traces the origins of the group from 1960s to 2021. The group was invested the surplus cash flows from the oil business to initiate and expand other businesses during this period. The economic downturn due to the COVID-19 pandemic had hit the company, particularly its oldest business – Noble Chemical Agency. The oil business was facing issues related to its growth and profitability, and the uncertainty around COVID-19-related restrictions had only augmented the fears of the management. The case study looks at issues and the dilemma which the owner of the company faced. The case study highlights various issues related to working capital management, especially related to receivables management and inventory levels faced by businesses during the slow-growth phase. It demonstrates how working capital management issues, if not resolved in time, can lead to insolvency of even a successful company with a sound business model. Complexity academic level The case study is meant for teaching in postgraduate management programs (Master of Business Administration and Postgraduate Diploma in Management) in the following courses: corporate finance/financial management course in the first year (the case study should be taught towards the end of the course); and management accounting courses in first year (the case study should be positioned in the middle of these courses). The case study can also be used to highlight issues related to working capital and small business management in a Management Development Programme (MDP) course for “Finance fundamentals for non-finance executives”. Supplementary materials Teaching notes are available for educators only. Subject code CSS 1: Accounting and finance.

Regression Analysis of the Effects of Debt on Economic Performance in Kenya

This study investigates the impact of debt on economic performance in Kenya, focusing on both internal and external debt. Using regression analysis and correlation techniques, data from 2000 to 2021 was analyzed to understand the relationship between debt levels and economic growth indicators such as GDP. The findings reveal a nuanced relationship: while internal debt shows a positive association with economic growth, external debt demonstrates a negative association. Effective debt management strategies are crucial to mitigate adverse effects, including monitoring debt levels, negotiating favorable terms with creditors, and directing borrowing towards productive sectors. Promoting export-led growth, enhancing fiscal discipline, and continuous monitoring and evaluation are recommended policy actions. Despite limitations such as data constraints and external factors influencing economic performance, future research avenues include long-term analysis, sectoral studies, comparative analyses, and qualitative investigations into stakeholder perceptions. This study contributes to understanding the complexities of debt dynamics and informs policymakers in navigating sustainable economic development pathways.

Banking Relationships and Financing Decisions of REITs

Banking relationships are key factors that influence the financing decisions of real estate investment trusts (REITs) which are mandated to hold highly specific assets. Using a comprehensive data set of loan facilities by REITs across different markets, this paper empirically tests the effect of REIT-bank relationships on credit costs and other non-price credit terms. We find that REITs with past banking relationships enjoy favorable loan terms that include lower loan rates, higher loan amount, and a less stringent collateral requirement. These favorable terms were kept by relationship banks during the global financial crisis from 2007 to 2009.

Financing sustainability: How environmental disclosures shape bank lending decisions in emerging markets

AbstractAs global awareness of environmental responsibilities intensifies, the significance of corporate Environmental information disclosure (EID) in decision‐making becomes increasingly prominent. However, its influence on bank lending decisions, especially in emerging markets like China, remains debated. Using 27,095 firm‐year observations between 2008 and 2020, this study examines the impact of both voluntary and mandatory EID on bank lending decisions. Findings indicate that banks incorporate EID into their lending decisions, offering favorable bank loan terms, both in terms of size and costs to firms with strong EID. To mitigate endogeneity concerns, we employ propensity score matching and a difference‐in‐difference methodology grounded in China's newly amended Environmental Protection Law, with consistent results across both tests. Our research identifies two possible economic mechanisms to explain why EID influences bank loan features: EID's potential to reduce firm‐specific risks and its alignment with local governmental incentives for green finance. Furthermore, our research suggests that voluntary EID, previously overlooked, proves more valuable than mandatory EID. We also find that the effectiveness of EID relies on banks' evaluations of the firm's sincerity and incentives behind the disclosure. Banks show a preference for voluntary EID from firms with minimal adverse selection concerns and mandatory EID from those highly motivated to disclose voluntarily. Moreover, we identify a synergy between EID and bank loans in fostering green innovation. This research not only bridges gaps in the existing bank financing literature but also offers insights into how EID can drive sustainable economic activities in developing economies.

Economic and legal responsibility for anti-competitive collected actions in the form of correction of the results of tender, bids, auctions, competitions as a manifestation of collected behavior of procurement participants

The article is devoted to consideration of the issue of coordinated behavior of participants and customers of public procurement. The need to observe the principles of competition in the public procurement procedure is substantiated. The key point in conducting procurement is compliance with the conditions of competitive selection of the procurement winner, elimination of the possibility of victory of the "necessary” participants and overcoming corruption and speculation. Regulation of public procurement mechanisms is a combination of economic and legal and administrative legal aspects. Relations that arise in the process of procurement have different aspects of legal regulation, as well as the subjects of offenses in this area can be both business entities and bodies of state power, local self-government, management and control. It has been proven that public procurement involves a competitive selection of the winner, in compliance with all other procurement principles stipulated by the Law of Ukraine "On Public Procurement”. It was emphasized that the main purpose of the Law "On Public Procurement” is to ensure effective and transparent procurement, create a competitive environment in the field of public procurement, prevent corruption and develop fair competition. Public institutions must make purchases in accordance with special requirements of confidentiality and security, as well as taking into account national interests. It is argued that today the field of public procurement is quite corrupt, and many cases of violations of the main basic principles of the Law have been recorded, which leads to the distortion of the results of tenders, trades, and auctions. Distortion occurs due to the concerted behavior of procurement participants, or participants and customers. That is, concerted actions can be vertical and horizontal, mixed and conglomerate actions can also take place. Any concerted behavior during public procurement violates the terms of competition, is prohibited and entails liability in accordance with the legislation of Ukraine. The article emphasizes that proving collusion in procurement and actually bringing violators to justice is a complex issue that requires improvement both from the point of view of theoretical points and procedural aspects. Of course, the state is interested in ensuring transparent implementation of public procurement, and this can be achieved thanks to the introduction of a clear mechanism to overcome the corruption component. It is argued that regulation and control by state bodies play an important role in this institute. The state acts as a special customer, which is an expression of public interests. The use of such a legal instrument as public procurement of goods, works and services gives the state the right to choose business entities that will fulfill the state order on the most favorable market terms, on the basis of compliance with the terms of competition. Unfortunately, it is not always possible to observe honest and fair procurement.
 Attention was drawn to the fact that overcoming a large number of conspiracies in the field of public procurement and ensuring compliance with the principles of fair competition during procurement is one of the tasks of the Antimonopoly Committee of Ukraine, as a public procurement appeals body. However, issues of combating and implementing effective mechanisms to prevent the occurrence of collusion between public procurement entities and, as a consequence, procedural aspects regarding appeals and prosecution of offenders for concerted actions that led to the distortion of the results of tenders (tenders) remain problematic.