Dudka M. Financial provision of the sustainable development of the agribusiness entities

Key features of the concept of «financial provision» are highlighted, which are supplemented by generalization and allocation of three components. In this regard, financial provision is the process of formation, accumulation and use of financial resources of the business entity in order to promote its sustainable development and the implementation of individual financial policy objectives. The study summarizes the classification of funding sources for agribusiness entities and determines the forms of financing for agribusiness entities (self-financing, debt and mixed). The study clarifies the content of the category of «development» based on the generalization of modern approaches and the identification of key features. Modern approaches to the content of the concept «sustainable development» are generalized, this category is refined on the basis of the morphological analysis carried out and key features are identified. The content analysis of the concept of «sustainable development» is carried out. In this regard, the definition of financial provision for sustainable development of the agribusiness entity is given: as the effective formation, accumulation and use of financial resources of the business entity, which contributes to the change of the indicators of the components of sustainable development under unfavorable environmental conditions. When analyzing the methods, the stages of formation and the scale of recognition of the methods for assessing the level of sustainable development of the agribusiness entities and key components of the sustainable development of economic entities are determined: financial (rank 1). The study formed a methodical approach to assessing the level of sustainable development of the agribusiness of the economy as a whole and the agribusiness entities in particular for the financial component. The study has developed a system of indicators for assessing the level of sustainable development of the agribusiness of the economy as a whole and the agribusiness entities in particular for the financial component. Based on the proposed list of indicators, an integrated indicator was constructed using the taxonomy method and the level of sustainable development of the agribusiness of the economy as a whole and the agribusiness entities in particular was assessed. For this, a financial interpretation of the level of sustainable development has been implemented. The study identifies factors of the external environment that affect the financial provision of sustainable development of the agribusiness of the economy. To determine the list of factors of the external environment that affect the financial provision of sustainable development of the agribusiness of the economy, the method of factor analysis is used in the work. In this regard, an integral indicator of the influence of the external environment was constructed on the financial provision of sustainable development of the agribusiness of the economy. In the cluster analysis method, groups of agribusiness entities are identified, which give preference to certain sources of financial resources. As a result, the financial interpretation of the formed clusters is formulated. Cluster analysis methods based on Kohen self-organization maps identified groups of agribusiness entities in accordance with the level of profitability of their activities. In this connection, a matrix for linking the level of profitability from the form of financing to the agribusiness entities was constructed to determine the relationship between the form of financing and the level of profitability of agribusiness entities. The study suggests an approach to the selection of the FPSD strategy based on the positioning of the agribusiness entities in the strategy cube. According to the approach, the rules for selecting a strategy for the FPSD have been developed that take into account the level of sustainable development, the form of financing used, and the direction of the impact of the external environment on the possibility of attracting financial resources, which has made it possible to improve the quality of managerial and financial decisions to ensure sustainable development of the agribusiness and the region as a whole.