Karbivskyi V. Formation of a financial security system for agricultural enterprises in the post-war period

The dissertation summarises and deepens the theoretical and methodological provisions for the formation of a financial security system for agricultural enterprises and develops applied principles for ensuring it in the post-war period. The dissertation contains an introduction, three chapters of the main text, conclusions, a list of references, and appendices. The object of the dissertation is the process of forming and ensuring the financial security of agricultural enterprises in the conditions of post-war economic recovery. The subject of the dissertation is theoretical and methodological approaches to the formation of a system of financial security for agricultural enterprises, taking into account industry characteristics and the impact of risks in the post-war period. Ensuring the stable functioning of the agricultural sector is a necessary prerequisite for the economic, food and social security of the state. In the context of military operations and post-war reconstruction, agricultural enterprises found themselves in an environment of increased financial risk, manifested in growing production and financial risks, disruption of logistics chains, limited access to financial resources, investment instability and market uncertainty. Under such conditions, it is particularly important to establish an effective financial security system that will be able to ensure the adaptation of enterprises to a turbulent external environment, maintain solvency and create conditions for sustainable development. On the basis of comparative analysis and logical generalisation, the conceptual and categorical apparatus of financial security of agricultural enterprises has been expanded and systematised. The definition of ‘financial security of an agricultural enterprise’ has been clarified, taking into account industry specifics, seasonality of production, natural and climatic risks, financial market instability, and limited access to capital. It is proposed to consider financial security as a comprehensive system of preventive and compensatory measures aimed at protecting the financial interests of the enterprise, ensuring the continuity of its functioning and increasing its resistance to external and internal threats in wartime and post-war periods. Using a systematic and interdisciplinary approach, the paper substantiates scientific propositions regarding the structure of financial security of agricultural enterprises. The structural model of financial security has been improved by expanding its components to include corporate and behavioural components. The corporate component reflects the role of corporate governance mechanisms, the protection of owners' rights and the transparency of financial decisions, while the behavioural component takes into account the influence of the behavioural characteristics of management personnel on the process of financial decision-making in conditions of high uncertainty. The dissertation focuses on the methodological support for assessing the financial security of agricultural enterprises. For the first time, a comprehensive methodological approach is proposed, combining the construction of an integral index of financial security based on the analysis of main components, the clustering of enterprises by typical financial conditions using the k-means method, and econometric modelling of the impact of micro- and macroeconomic factors. The dissertation improved the analytical approach to assessing the investment component of financial security in the agricultural sector, based on a combination of analysis of the dynamics of the industry's financial results and a correlation assessment of the relationships between capital investments and general economic investment indicators. This made it possible to identify the asynchrony of investment and production cycles in the agricultural sector, justify the existence of time lags in the realization of investment effects, and increase the validity of forecasting investment activity in the financial security system of enterprises. As a result of the study, conceptual principles for the formation of a financial security system for agricultural enterprises were developed. They cover an integrated management model that functions on the basis of the interaction of preventive, adaptive and strategic mechanisms at the macro and micro levels. This approach ensures the continuity of enterprises' operations, strengthens their financial stability and builds capacity for sustainable development in the context of post-war recovery. The practical significance of the research results lies in the possibility of their use by agricultural enterprises to form financial security monitoring systems, justify strategic management decisions, increase the efficiency of financial resources use, and adapt to the conditions of military and post-war instability.