Analysis of formation of investment capital on the example of agricultural holdings

Issue № 12, vol. 1, 2021, article № 2, pages 13-21

Section: Investment and innovation in agriculture

Language: Russian

Original language title: АНАЛИЗ ФОРМИРОВАНИЯ ИНВЕСТИЦИОННОГО КАПИТАЛА НА ПРИМЕРЕ АГРОХОЛДИНГОВ

Keywords: INVESTMENTS, INVESTMENT CAPITAL, REAL ASSETS, FINANCIAL INVESTMENTS, HUMAN CAPITAL, AGRICULTURAL HOLDING

Abstract: The article is devoted to the consideration of the peculiarities of the formation of investment capital of agricultural commodity producers of the holding type on the example of Russian and foreign agricultural holdings. The author analyzed the sources of the formation of investment capital of agricultural holdings and its structure based on the main areas of investment: in real assets, in financial and intangible assets, in human capital. As a result of the analysis, the author identified the main trends and features of the formation of investment capital of agricultural holdings. These features consist, on the one hand, in a significant increase in the share of equity capital in investments, due to a stable increase in profits, on the other hand, in the active expansion of the business by attracting additional long-term and short-term investment resources. At the same time, the Russian agricultural holding is pursuing a more active investment policy and the growth rates of short-term and long-term investment resources for business development exceed the indicators of foreign agricultural holding. The main direction of investment capital investments in agricultural holdings are investments in real assets, which ensure the acceleration of technical and technological renewal. In addition, one of the most important priorities for the development of agricultural holdings is the development of human capital, as evidenced by the annual increase in investment in this area.

Authors: Avdeev Mikhail Viktorovich