IDEAS home Printed from https://ideas.repec.org/a/iaf/journl/y2021i3p90-96.html
   My bibliography  Save this article

The Perspective of European Globalization and Capitalization of Agriculture in the Post-Covid Period

Author

Listed:
  • Oleh Sokil

    (Dmytro Motornyi Tavria State Agrotechnological University, Melitopol,Ukraine)

  • Dimitar Zvezdov

    (Friedrich-Alexander University Erlangen-Nuremberg, Nuremberg, Germany)

  • Laszlo Vasa

    (Szechenyi Istvan University, Gyor, Hungary)

Abstract

Especially relevant at the present time is the study of the impact of the global crisis - a pandemic caused by the infection COVID-19 on the countries and the world's sustainable development. The consequences of the popular trend of globalization, a certain closedness of the principles of capitalization, and, of course, the impact of the global crisis caused by COVID-19 were investigated in the scientific work. The study aims to confirm the transformation of sustainable development trends and the transition from worldwide globalization to national capitalization of the agricultural entrepreneurship potential in the modern conditions of the global crisis of Covid-19. The goal will be achieved by tasks through accounting and analytical support and mathematical analysis of the quadratic correlation and regression dependence of the integrated indicator of sustainable development. Research methodology consist of analysis and collection of economic, environmental, and social data of agriculture in European countries. At this stage, the most significant indicators of six countries were selected: Ukraine, Germany, Hungary, Romania, Poland and Belarus. Index analysis was used for formation of an integral indicator - a sustainable development index. Also Microsoft Excel tools were used. An index analysis of the main indicators of sustainable development is provided in the paper. On the basis of the integrated index of sustainable development of agriculture, a trend line was built and a forecast of the vector of globalization/capitalization was made. An upward forecast of the integrated index of agriculture sustainable development, which indicates a continuous process of globalization was proved in the paper. This pattern corresponds to Belarus and Romania and was proved by the basis of imperial studies. The calculation and forecast of the transition from global globalization to national capitalization as a result of the impact of the pandemic and quarantine were presented in the scientific work too. This pattern is inherent in Hungary, Germany, Poland and Ukraine.

Suggested Citation

  • Oleh Sokil & Dimitar Zvezdov & Laszlo Vasa, 2021. "The Perspective of European Globalization and Capitalization of Agriculture in the Post-Covid Period," Oblik i finansi, Institute of Accounting and Finance, issue 3, pages 90-96, September.
    • Handle: RePEc:iaf:journl:y:2021:i:3:p:90-96
    DOI: 10.33146/2307-9878-2021-3(93)-90-96
    as

    Download full text from publisher

    File URL: http://www.afj.org.ua/pdf/853-perspektiva-globalizacii-ta-kapitalizacii-silskogo-gospodarstva-evropi-v-postkovidniy-period.pdf
    Download Restriction: no
    File URL: http://www.afj.org.ua/en/article/853/
    Download Restriction: no
    File URL: https://libkey.io/10.33146/2307-9878-2021-3(93)-90-96?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
    ---><---

    References listed on IDEAS

    as
    1. I. Shovkun, 2017. "Localization of production - a world practice and conclusions for Ukraine," Economy and Forecasting, Valeriy Heyets, issue 2, pages 31-56.
    2. Schaltegger, Stefan & Burritt, Roger L., 2010. "Sustainability accounting for companies: Catchphrase or decision support for business leaders?," Journal of World Business, Elsevier, vol. 45(4), pages 375-384, October.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vasilii Erokhin & Dmitry Endovitsky & Alexey Bobryshev & Natalia Kulagina & Anna Ivolga, 2019. "Management Accounting Change as a Sustainable Economic Development Strategy during Pre-Recession and Recession Periods: Evidence from Russia," Sustainability, MDPI, vol. 11(11), pages 1-23, June.
    2. Wong, Jin Boon & Zhang, Qin, 2022. "Stock market reactions to adverse ESG disclosure via media channels," The British Accounting Review, Elsevier, vol. 54(1).
    3. Anne Marie Garvey & Laura Parte & Bridget McNally & José Antonio Gonzalo-Angulo, 2021. "True and Fair Override: Accounting Expert Opinions, Explanations from Behavioural Theories, and Discussions for Sustainability Accounting," Sustainability, MDPI, vol. 13(4), pages 1-23, February.
    4. Qian, Wei & Schaltegger, Stefan, 2017. "Revisiting carbon disclosure and performance: Legitimacy and management views," The British Accounting Review, Elsevier, vol. 49(4), pages 365-379.
    5. Madeleine Feder & Barbara E. Weißenberger, 2019. "Understanding the behavioral gap: Why would managers (not) engage in CSR-related activities?," Journal of Management Control: Zeitschrift für Planung und Unternehmenssteuerung, Springer, vol. 30(1), pages 95-126, April.
    6. Cristian Carini & Laura Rocca & Monica Veneziani & Claudio Teodori, 2018. "Ex-Ante Impact Assessment of Sustainability Information–The Directive 2014/95," Sustainability, MDPI, vol. 10(2), pages 1-24, February.
    7. A.D. Nuwan Gunarathne & Ki‐Hoon Lee & Pubudu K. Hitigala Kaluarachchilage, 2021. "Institutional pressures, environmental management strategy, and organizational performance: The role of environmental management accounting," Business Strategy and the Environment, Wiley Blackwell, vol. 30(2), pages 825-839, February.
    8. Daniel Zdolšek & Sabina Taškar Beloglavec, 2023. "Sustainability Reporting Ecosystem: A Once-in-a-Lifetime Overhaul during the COVID-19 Pandemic," Sustainability, MDPI, vol. 15(9), pages 1-22, April.
    9. Kiswanto Kiswanto & Ain Hajawiyah & Atta Putra Harjanto & Endah Tri Setyarini, 2023. "Twelve Years Research Journey of Carbon Accounting," International Journal of Energy Economics and Policy, Econjournals, vol. 13(4), pages 246-254, July.
    10. Martina Sukitsch & Sabrina Engert & Rupert J. Baumgartner, 2015. "The Implementation of Corporate Sustainability in the European Automotive Industry: An Analysis of Sustainability Reports," Sustainability, MDPI, vol. 7(9), pages 1-28, August.
    11. Mahmoudian, Fereshteh & Lu, Jing & Yu, Dongning & Nazari, Jamal A. & Herremans, Irene M., 2021. "Inter-and intra-organizational stakeholder arrangements in carbon management accounting," The British Accounting Review, Elsevier, vol. 53(1).
    12. Ivo Hristov & Andrea Appolloni, 2022. "Stakeholders' engagement in the business strategy as a key driver to increase companies' performance: Evidence from managerial and stakeholders' practices," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1488-1503, May.
    13. Sarah Elena Windolph & Dorli Harms & Stefan Schaltegger, 2014. "Motivations for Corporate Sustainability Management: Contrasting Survey Results and Implementation," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 21(5), pages 272-285, September.
    14. Ninko Kostovski & Jadranka Mrsic & Venera Krliu Handziski, 2017. "Accounting For Socially Responsible And Environmentally Friendly Operations," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 4, pages 66-73, August.
    15. Gyula Fülöp & Bettina Hódi Hernádi, 2013. "Quality Improvement in Accounting," Theory Methodology Practice (TMP), Faculty of Economics, University of Miskolc, vol. 9(02), pages 41-51.
    16. Mihaela Turturea, 2015. "Social and Environmental Reporting as a Part of the Integrated Reporting," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 63(6), pages 2161-2170.
    17. Stefan Schaltegger & Roger Burritt & Dimitar Zvezdov & Jacob Hörisch & Joanne Tingey-Holyoak, 2015. "Management Roles and Sustainability Information. Exploring Corporate Practice," Australian Accounting Review, CPA Australia, vol. 25(4), pages 328-345, December.
    18. Heinz Ahn & Marcel Clermont & Stephan Schwetschke, 2018. "Research on target costing: past, present and future," Management Review Quarterly, Springer, vol. 68(3), pages 321-354, August.
    19. Ván, Hajnalka, 2012. "Environmental Accounting – A New Challenge for the Accounting System," Public Finance Quarterly, Corvinus University of Budapest, vol. 57(4), pages 437-452.
    20. Olaf Weber, 2012. "Environmental Credit Risk Management in Banks and Financial Service Institutions," Business Strategy and the Environment, Wiley Blackwell, vol. 21(4), pages 248-263, May.

    More about this item

    Keywords

    globalization; capitalization; analysis; accounting; sustainable development; agriculture; COVID-19;
    All these keywords.

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
    • F01 - International Economics - - General - - - Global Outlook
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity

    Statistics

    Access and download statistics

    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:iaf:journl:y:2021:i:3:p:90-96. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Serhiy Ostapchuk (email available below). General contact details of provider: https://edirc.repec.org/data/iafkvua.html .

    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.