{"id":18339,"date":"2023-05-31T10:02:26","date_gmt":"2023-05-31T07:02:26","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=18339"},"modified":"2023-05-31T10:02:26","modified_gmt":"2023-05-31T07:02:26","slug":"features-of-the-processes-of","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/features-of-the-processes-of\/","title":{"rendered":"Honcharenko I., Honcharenko O. Features of the processes of mergers and acquisitions in the agro-industrial sector of Ukraine’s economy"},"content":{"rendered":"

[vc_row][vc_column][vc_column_text]<\/p>\n\n\n\n
JEL Classification<\/strong>: G34, O18
\n<\/span><\/td>\n		DOI<\/b>: https:\/\/doi.org\/10.31521\/modecon.V38(2023)-05<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

[\/vc_column_text][vc_column_text]Iryna Honcharenko, <\/strong>Doctor of Economics, Professor of the Department of Public Management and Administration and International Economic, Mykolaiv National Agrarian University, Mykolaiv, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0001-9670-9812<\/a>
\ne-mail: <\/strong>honcharenko@mnau.edu.ua<\/a><\/p>\n

Olha Honcharenko, <\/strong>PhD student, Kyiv National Economic University named after Vadym Hetman Kyiv, Ukraine<\/p>\n

ORCID ID:<\/strong> 0000-0002-6860-9862<\/a>
\ne-mail: <\/strong>Honcharenko15olha@gmail.com<\/a><\/p>\n

 <\/p>\n

Features Of the Processes Of Mergers And Acquisitions In The Agro-Industrial Sector Of Ukraine’s Economy<\/strong><\/h2>\n

\u00a0\u00a0<\/strong><\/p>\n

Abstract. Introduction<\/strong>. The article considers mergers and acquisition deals that took place in the agro-industrial sector of Ukraine’s economy in 2018-2020 and assesses key trends in the rural development of the country. Territorially the biggest part of Ukraine is rural areas, thus it\u2019s obvious that their development shall and may have significant influence on the development of the country, as a whole.<\/p>\n

Purpose.<\/strong> The study was preceded by the following tasks: to describe and assess the main features of the processes of mergers and acquisitions in the agro-industrial sector of Ukraine’s economy in 2018-2020. The theoretical basis of the study was papers related to the processes of mergers and acquisitions, the development of rural areas. Methods of synthesis and analysis were used. Data and information from the InVenture Investment datatbase, as well as the State Statistics Service of Ukraine (SSSU), were analysed, including data on changes in employment and unemployment for 2018 \u2013 2020 in Ukraine. The obtained data were processed descriptively by statistical analysis methods.<\/p>\n

Results.<\/strong> According to the results of the analyses was find out that in the agro-industrial sector of Ukraine, the strategy of inorganic growth of enterprises (through the merger and acquisition deals) remains relevant and popular, the participants of the deals are mostly Ukrainian companies, and the subject in most cases is 100% stake in the company, however, foreign investors are also interested in the Ukrainian companies and find out Ukrainian economy, especially its agro sector, extremely interesting for investments.<\/p>\n

Conclusions.<\/strong> Speaking about the potential influence of the M&A activity on the rural areas development lets look at the employment rate on such territories, as this is one of the most direct indicator of the people\u2019s prosperity. Observations show that the employment of the population of rural areas of Ukraine is declining much faster than the urban population. The connection between the activity of the local enterprises in the M&A deals and the prosperity of the local community has no linear dependences. The list of references includes appropriate literature, which forms a good base for the performed research.<\/p>\n

Keywords:<\/strong> M&A; rural areas; agricultural companies; Ukraine; development.<\/p>\n

References:<\/strong><\/p>\n

    \n
  1. Commity of Ukraine (2002). Regulations on the procedure for submitting applications to the Antimonopoly Committee of Ukraine for prior obtaining a permit for the concentration of economic entities (Regulations on Concentration), 33-r. Official Visnyk of Ukraine<\/em>, 13 [in Ukrainian].<\/li>\n
  2. Balmann, A., Curtiss,, Gagalyuk, T., Lapa, V., Bondarenko, A., Kataria, K. & Schaft, F. (2013). Productivity and efficiency of ukrainian agricultural enterprises. Agriculture Policy Report (APD\/APR\/06\/2013), German-Ukrainian Agropolitical Dialog, Kyiv, Ukraine [in Ukrainian].<\/li>\n
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  8. Hermans, F.\u00a0L.\u00a0P., Chaddad, F.\u00a0R., Gagalyuk, T., Senesi, S. & Balmann, A. (2017). The emergence and proliferation of agroholdings and mega farms in a global context. International Food and Agribusiness Management Review,<\/em> 20 (2), 175-186 [in Ukrainian].<\/li>\n
  9. InVenture Database \u00abM&A in Ukraine\u00bb (2022). Retrieved from https:\/\/inventure.com.ua\/analytics\/investments\/rynok-manda-v-agrosektore-ukrainy-2021:-farming-v-favore-u-investorov [in Ukrainian].<\/li>\n
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  13. KPMG (2019). Ukrainian M&A review 2018. KPMG Ukraine. Kyiv, Ukraine. Retrieved from https:\/\/assets.kpmg\/content\/dam\/kpmg\/ua\/pdf\/2019\/02\/Ukrainian-MA-Review-report-2018-EN.pdf [in Ukrainian].<\/li>\n
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  21. The State Statistics Service of Ukraine (2021). Demographic and social statistics \/ Labor market \/ Employment and unemployment. Retrieved from http:\/\/www.ukrstat.gov.ua\/operativ\/operativ2017\/rp\/eans\/eans_u\/arch_znsmv_u.html [in Ukrainian].<\/li>\n
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  24. Weber, R. & Camerer, (2003). Cultural conflict and merger failure: an experimental approach. Management Science,<\/em> 49 (4), 400-415 [in English].<\/li>\n<\/ol>\n

    [\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]Received:<\/strong> 21 March 2023<\/p>\n

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    Honcharenko I., Honcharenko O. (2023). Features of the processes of mergers and acquisitions in the agro-industrial sector of Ukraine’s economy. Modern Economics, 38(2023), 34-40. DOI: https:\/\/doi.org\/10.31521\/modecon.V38(2023)-05.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
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    [vc_row][vc_column][vc_column_text] JEL Classification: G34, O18 DOI: https:\/\/doi.org\/10.31521\/modecon.V38(2023)-05 [\/vc_column_text][vc_column_text]Iryna Honcharenko, Doctor of Economics, Professor of the Department of Public Management and Administration and International Economic, Mykolaiv National Agrarian University, Mykolaiv, Ukraine ORCID ID: 0000-0001-9670-9812 e-mail: honcharenko@mnau.edu.ua Olha Honcharenko, PhD student, Kyiv National Economic University named after Vadym Hetman Kyiv, Ukraine ORCID ID: 0000-0002-6860-9862 e-mail: Honcharenko15olha@gmail.com  
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