IDEAS home Printed from https://ideas.repec.org/a/baq/jetart/v4y2022i13p12-21.html
   My bibliography  Save this article

Principle of the assessment of the readiness of motor transport enterprises for economic development based on a two-component methodological approach

Author

Listed:
  • Lyudmila Volynets

    (National Transport University)

  • Iryna Gorobinska

    (National Transport University)

  • Svitlana Nakonechna

    (National Transport University)

  • Andrii Petunin

    (National Transport University)

  • Svitlana Romanyuk

    (Vinnytsia National Technical University)

  • Inna Khomenko

    (Chernihiv Polytechnic National University)

  • Nataliia Zachosova

    (Bohdan Khmelnytsky National University of Cherkasy)

Abstract

The object of this study is to assess the financial stability and readiness of motor transport enterprises for economic development. The proposed two-component methodological approach makes it possible to optimize the assessment of the readiness of enterprises for development based on the calculation of the integral indicator of investment sufficiency and the level of material cost. The proposed methodical approach was tested, which showed the low resource capacity of enterprises. The dynamics of the integral indicator of investment sufficiency showed that, in general, for enterprises engaged in road freight transportation, its level is much lower than the standard value, which is equal to 3. Its value fluctuated on average at the level of 1.2–1.7, that is, it was in the range of lack or limited resources for economic development. This indicates the dominance of survival strategies, not development, among motor transport enterprises, and a weak state policy that does not stimulate investment activity in a legal transparent environment. It is proposed to take into consideration the developed approach in the implementation of the state policy of supporting and stimulating enterprises that actively invest, and increase legal turnover, income, and labor reimbursement. The obtained results can be used both at the level of individual motor transport enterprises and for aggregated assessment in the industry as a whole. An additional advantage of the developed two-component methodological approach to assessing the state and readiness of the enterprise for development is the possibility of using different components for each component, differentiating their weight in the integral assessment, and the possibility of adjusting target ranges.

Suggested Citation

  • Lyudmila Volynets & Iryna Gorobinska & Svitlana Nakonechna & Andrii Petunin & Svitlana Romanyuk & Inna Khomenko & Nataliia Zachosova, 2022. "Principle of the assessment of the readiness of motor transport enterprises for economic development based on a two-component methodological approach," Eastern-European Journal of Enterprise Technologies, PC TECHNOLOGY CENTER, vol. 4(13(118)), pages 12-21, August.
  • Handle: RePEc:baq:jetart:v:4:y:2022:i:13:p:12-21
    DOI: 10.15587/1729-4061.2022.263041
    as

    Download full text from publisher

    File URL: https://journals.uran.ua/eejet/article/view/263041/260009
    Download Restriction: no

    File URL: https://libkey.io/10.15587/1729-4061.2022.263041?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:baq:jetart:v:4:y:2022:i:13:p:12-21. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Iryna Prudius (email available below). General contact details of provider: https://journals.uran.ua/eejet/issue/archive .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.