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{"id":20755,"date":"2025-10-01T18:30:12","date_gmt":"2025-10-01T15:30:12","guid":{"rendered":"https:\/\/modecon.mnau.edu.ua\/?p=20755"},"modified":"2025-10-01T18:30:12","modified_gmt":"2025-10-01T15:30:12","slug":"shaping-components-of-the-agribusiness","status":"publish","type":"post","link":"https:\/\/modecon.mnau.edu.ua\/en\/shaping-components-of-the-agribusiness\/","title":{"rendered":"Trusova N., Trusova A. Shaping Components of the Agribusiness Investment Environment in the Conditions of ESG Integration"},"content":{"rendered":"<section class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text]<\/p>\n<table style=\"height: auto; border: solid 1px white!important;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"border: solid 1px white!important;\"><strong>JEL Classification:<\/strong> Q12; Q13; Q16; Q17.<\/td>\n<td style=\"text-align: right; border: solid 1px white!important;\"><b>DOI<\/b><span style=\"font-weight: 400;\">: <a href=\"https:\/\/doi.org\/10.31521\/modecon.V52(2025)-29\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/doi.org\/10.31521\/modecon.V52(2025)-29<\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/vc_column_text][vc_column_text]<b>Trusova Natalia, <\/b><span style=\"font-weight: 400;\">Doctor of Economic Sciences, Professor, Professor of the Department of Finance, Accounting and Taxation, Dmytro Motornyi Tavria State Agrotechnological University, Zaporizhzhia, Ukraine<\/span><\/p>\n<p><strong>ORCID ID:<\/strong> <a href=\"https:\/\/orcid.org\/0000-0001-9773-4534\"><span style=\"font-weight: 400;\">0000-0001-9773-4534<\/span><\/a><br \/>\n<strong>e-mail: <\/strong><a href=\"mailto:trusova_natalya5@ukr.net\"><span style=\"font-weight: 400;\">trusova_natalya5@ukr.net<\/span><\/a><\/p>\n<p><b>Trusova Anastasiia, <\/b><span style=\"font-weight: 400;\">Assistant of the Department of Economics and Business, Dmytro Motornyi Tavria State Agrotechnological University, Zaporizhzhia, Ukraine<\/span><\/p>\n<p><strong>ORCID ID:<\/strong> <a href=\"https:\/\/orcid.org\/0009-0008-8154-2456\"><span style=\"font-weight: 400;\">0009-0008-8154-2456<\/span><\/a><br \/>\n<strong>e-mail: <\/strong><a href=\"mailto:trusova_natalya5@ukr.net\"><span style=\"font-weight: 400;\">trusova_natalya5@ukr.net<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<h2 style=\"text-align: center;\"><b>Shaping Components of the Agribusiness Investment Environment in the Conditions of ESG Integration<\/b><\/h2>\n<p><b><i>Abstract. Introduction<\/i><\/b><i><span style=\"font-weight: 400;\">.\u00a0<\/span><\/i><i><span style=\"font-weight: 400;\">The article examines the formative components of the agribusiness investment environment. These components, integrated using the ESG approach, influence the activities of entities when cooperating with potential partners to attract direct investments in the bioeconomic system. The integration aims to stabilize competitiveness, improve financing conditions, reduce risks, diversify production investments, and enhance profitability.<\/span><\/i><\/p>\n<p><b><i>Purpose<\/i><\/b><i><span style=\"font-weight: 400;\">. The study aims to identify and substantiate the target formative components of the agribusiness investment environment and to demonstrate how ESG integration can enhance financial performance, sustainability, and investment diversification within the bioeconomic system.<\/span><\/i><\/p>\n<p><b><i>Results<\/i><\/b><i><span style=\"font-weight: 400;\">. It is proven that investments play a critical role in the effective functioning of agribusiness. They serve as a source for forming production potential, restoring intangible assets, and addressing sustainable development and economic stability challenges. Investments facilitate an increase in the market value of agricultural production entities, implementation of investment and innovation policies, and formation of long-term fixed capital structures. The identified formative components of the ESG approach are shown to influence financial performance through two main channels and enable consistent diversification across all areas of entity activity.<\/span><\/i><\/p>\n<p><b><i>Conclusions<\/i><\/b><i><span style=\"font-weight: 400;\">. Considering ESG integration, the formative components of the agribusiness investment environment act as effective tools for achieving sustainability within a bioeconomic system. Investment processes promote a closed-cycle system, creating demand for biologically derived materials for natural product production. Investing in the bioeconomic agribusiness system implements ESG principles in production, offering a conceptual alternative to traditional economic systems based on rational resource use and renewal cycles. The study highlights the key advantages of the ESG approach in shaping a sustainable and effective agribusiness investment environment.<\/span><\/i><\/p>\n<p><i><span style=\"font-weight: 400;\"><b>Keywords<\/b>: investment environment; investments; ESG integration; agribusiness; sustainable development.<\/span><\/i><\/p>\n<p style=\"text-align: center;\"><strong><b>References<\/b>:<\/strong><\/p>\n<ol>\n<li><span style=\"font-weight: 400;\">Baneva, I.\u00a0O. (2017). 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Financing ESG projects: foreign practices and development opportunities in Ukraine. <\/span><i><span style=\"font-weight: 400;\">Finance of Ukraine<\/span><\/i><span style=\"font-weight: 400;\">, 2, 45-57. https:\/\/ir.kneu.edu.ua\/items\/fb7bd80d-aeee-4fcf-ac17-1cad10e7c380.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Dyakovsky, D. A. (2024). ESG-investment in the reconstruction of the economy of Ukraine: prospects, advantages and weaknesses. Scientific notes of the NaUKMA. <\/span><i><span style=\"font-weight: 400;\">Economic sciences<\/span><\/i><span style=\"font-weight: 400;\">, 9(1), 40-46. https:\/\/ekmair.ukma.edu.ua\/server\/api\/core\/bitstreams\/ba6cdb4c-3216-4c10-bc35-fca419ccafad\/content.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Zbarsky, V., Talavirya, M., &amp; Ostapchuk, A. (2022). Diversification of economic activity of small and medium-sized agribusiness. <\/span><i><span style=\"font-weight: 400;\">Geopolitics of Ukraine: history and modernity<\/span><\/i><span style=\"font-weight: 400;\">, 2(29), 140-152. http:\/\/geopolitics-of-ukraine.uzhnu.edu.ua\/article\/view\/271580.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Kasych, A., &amp; Vohozka, M. (2018). Methodological support for the management of sustainable development of an enterprise. <\/span><i><span style=\"font-weight: 400;\">Marketing and innovation management<\/span><\/i><span style=\"font-weight: 400;\">, <\/span><span style=\"font-weight: 400;\">4(34), <\/span><span style=\"font-weight: 400;\">371-381.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Kulyk, V.\u00a0A., Marchuk, V.\u00a0E., Garmash, O.\u00a0M., Zakharchuk, A.\u00a0P., &amp; Hradisky, Yu.\u00a0O. (2019). 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Theoretical foundations of the concept of managing sustainable development of an enterprise. <\/span><i><span style=\"font-weight: 400;\">Galician Economic Bulletin,<\/span><\/i><span style=\"font-weight: 400;\"> 6(67), 175-184. https:\/\/galicianvisnyk.tntu.edu.ua\/pdf\/67\/924.pdf.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Matos, P. (2020). <\/span><i><span style=\"font-weight: 400;\">ESG pryntsypy ta vidpovidalne instytutsiine investuvannia u sviti: Krytychnyi ohliad doslidzhen<\/span><\/i><span style=\"font-weight: 400;\">. Lviv Polytechnic Publishing House.\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">European Commission \u2013 Agriculture and Rural Development (2024, May 17). <\/span><i><span style=\"font-weight: 400;\">Commission launches new online tool on sustainability in agriculture<\/span><\/i><span style=\"font-weight: 400;\">. https:\/\/agriculture.ec.europa.eu\/media\/news\/commission-launches-new-online-tool-sustainability-agriculture-2024-05-17_en?utm_source=chatgpt.com\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Prykazyuk, N. (2024). Implementation of ESG principles by non-banking financial institutions: trends and prospects. <\/span><i><span style=\"font-weight: 400;\">Economy and Society<\/span><\/i><span style=\"font-weight: 400;\">, 61. URL: https:\/\/doi.org\/10.32782\/2524-0072\/2024-61-39.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Pechka, S.\u00a0S. (2023). The concept of supply chain management in the context of strategic development of agricultural enterprises. <\/span><i><span style=\"font-weight: 400;\">Bulletin of Khmelnytsky National University<\/span><\/i><span style=\"font-weight: 400;\">, 4, 427-433. https:\/\/journals.khnu.km.ua\/vestnik\/wp-content\/uploads\/2024\/03\/320-64.pdf.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Pshenichna, M. (2022). The impact of the full-scale Russian-Ukrainian war on the practice of implementing ESG approaches by domestic enterprises. <\/span><i><span style=\"font-weight: 400;\">Economy and Society<\/span><\/i><span style=\"font-weight: 400;\">, 46. https:\/\/doi.org\/10.32782\/2524-0072\/2022-46-64.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Epstein, M., &amp; Buhovac, A. (2014). <\/span><i><span style=\"font-weight: 400;\">Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts<\/span><\/i><span style=\"font-weight: 400;\">. Berrett-Koehler Publishers.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Ilchuk, M., Nikitchenko, S., Sytnyk, O., &amp; Pavlenko, V. (2023). Diversification of entrepreneurial activities in the agricultural sector of Ukraine\u2019s economy in the postwar period. <\/span><i><span style=\"font-weight: 400;\">Agriculture and Industrial Complex Economics<\/span><\/i><span style=\"font-weight: 400;\">, 30(4), 25-35. https:\/\/eapk.com.ua\/uk\/journals\/tom-30-4-2023\/diversifikatsiya-pidpriyemnitskoyi-diyalnosti-v-agrarnomu-sektori-ekonomiki-ukrayini-u-povoyenny-period.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Vu, Th<\/span><span style=\"font-weight: 400;\">. <\/span><span style=\"font-weight: 400;\">N., Lehkonen, H., Junttila, J.-P., &amp; Lucey, B. (2025). ESG investment performance and global attention to sustainability<\/span><span style=\"font-weight: 400;\">. <\/span><i><span style=\"font-weight: 400;\">The North American Journal of Economics and Finance<\/span><\/i><span style=\"font-weight: 400;\">, 75(\u0410). https:\/\/doi.org\/10.1016\/j.najef.2024.102287.<\/span><\/li>\n<\/ol>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<strong>Received: <\/strong>13 August <span style=\"font-weight: 400;\">2025<\/span><\/p>\n<div class=\"sdm_download_item \"><div class=\"sdm_download_item_top\"><div class=\"sdm_download_thumbnail\"><img decoding=\"async\" class=\"sdm_download_thumbnail_image\" src=\"https:\/\/modecon.mnau.edu.ua\/wp-content\/uploads\/2017\/08\/pdf.jpg\" alt = \"trusova.pdf\" \/><\/div><div class=\"sdm_download_title\">trusova.pdf<\/div><\/div><div style=\"clear:both;\"><\/div><div class=\"sdm_download_description\"><\/div><div class=\"sdm_download_size\"><span class=\"sdm_download_size_label\">Size: <\/span><span class=\"sdm_download_size_value\">1,35<\/span><\/div><div class=\"sdm_download_link\"><span class=\"sdm_download_button\"><a href=\"https:\/\/modecon.mnau.edu.ua\/en\/?sdm_process_download=1&download_id=20658\" class=\"sdm_download blue\" title=\"trusova.pdf\" target=\"_blank\">Download Now!<\/a><\/span><span class=\"sdm_download_item_count\"><span class=\"sdm_item_count_number\">303<\/span><span class=\"sdm_item_count_string\"> Downloads<\/span><\/span><\/div><\/div><div class=\"sdm_clear_float\"><\/div>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text]<\/p>\n<table style=\"height: auto;\" width=\"100%\">\n<tbody>\n<tr>\n<td style=\"background-color: #1abc9c; text-transform: uppercase;\">\n<p style=\"text-align: center; color: white; font-size: 14px; font-weight: 900; text-transform: uppercase; margin: 0; padding: 13.5px;\">How to quote this article?<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td><span data-sheets-root=\"1\">Trusova N., Trusova A. (2025). Shaping Components of the Agribusiness Investment Environment in the Conditions of ESG Integration. Modern Economics, 52(2025), 210-216. DOI: https:\/\/doi.org\/10.31521\/modecon.V52(2025)-29.<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>[\/vc_column_text][\/vc_column][\/vc_row][vc_row][vc_column][vc_column_text css=&#8221;.vc_custom_1657628632157{margin-top: 10px !important;}&#8221;]<a href=\"https:\/\/modecon.mnau.edu.ua\/issue-47-2024\/\">&lt;&lt; \u041f\u043e\u0432\u0435\u0440\u043d\u0443\u0442\u0438\u0441\u044f \u0434\u043e \u0437\u043c\u0456\u0441\u0442\u0443<\/a>[\/vc_column_text][\/vc_column][\/vc_row]<\/p>\n<\/section>","protected":false},"excerpt":{"rendered":"<p>[vc_row][vc_column][vc_column_text] JEL Classification: Q12; Q13; Q16; Q17. DOI: https:\/\/doi.org\/10.31521\/modecon.V52(2025)-29 [\/vc_column_text][vc_column_text]Trusova Natalia, Doctor of Economic Sciences, Professor, Professor of the Department of Finance, Accounting and Taxation, Dmytro Motornyi Tavria State Agrotechnological University, Zaporizhzhia, Ukraine ORCID ID: 0000-0001-9773-4534 e-mail: trusova_natalya5@ukr.net Trusova Anastasiia, Assistant of the Department of Economics and Business, Dmytro Motornyi Tavria State Agrotechnological University, Zaporizhzhia,<br \/><a href=\"https:\/\/modecon.mnau.edu.ua\/en\/shaping-components-of-the-agribusiness\/\" class=\"more\">Read more<\/a><\/p>\n","protected":false},"author":10,"featured_media":13475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[238],"tags":[239],"class_list":["post-20755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-52-2025","tag-52-2025"],"_links":{"self":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/20755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/comments?post=20755"}],"version-history":[{"count":2,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/20755\/revisions"}],"predecessor-version":[{"id":20758,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/posts\/20755\/revisions\/20758"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/media\/13475"}],"wp:attachment":[{"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/media?parent=20755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/categories?post=20755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/modecon.mnau.edu.ua\/en\/wp-json\/wp\/v2\/tags?post=20755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}