Mechanism of anti-crisis management of financial activities of agricultural enterprises under institutional transformations

Abstract

Purpose. The purpose of the article is to substantiate and systematize the regulatory foundations of the mechanism of anti-crisis management of the financial activities of agricultural enterprises under conditions of institutional transformations, by conducting a comprehensive analysis of the regulatory instruments of the European Union in the fields of financial stability, agricultural sector support, and risk management. Methods. The study employed a set of research methods that ensured the comprehensiveness and depth of the scientific analysis: the systemic approach; structural-functional analysis; comparative legal analysis; content analysis of regulatory documents; institutional analysis; risk-oriented analysis; generalization and abstraction. Results. The relevance of the study is determined by the persistent impact of crisis phenomena on Ukraine’s agricultural sector, intensified by economic turbulence, uncertainty in the regulatory environment, global market volatility, and the consequences of war. Under such conditions, higher demands are placed on the financial resilience of agricultural enterprises, their ability to adapt to external challenges, and their capacity to ensure continuity of economic activity. This necessitates the formation of a comprehensive anti-crisis mechanism that integrates modern financial management tools, analytical methods, risk-management systems, and the provisions of the European Union’s regulatory framework. The article systematizes EU regulations and directives relevant to strengthening the financial stability of agricultural enterprises, including documents of the Common Agricultural Policy (CAP), directives on financial reporting and transparency, regulations on risk management, investment support, insurance mechanisms, and digital control. Key provisions of Regulation (EU) No 1305/2013, 1306/2013, 1308/2013, Regulation (EU) 2021/2115 and 2021/2116, as well as Directive 2013/34/EU, Directive 2009/138/EC (Solvency II), Regulation (EU) 2017/2395 and other regulatory acts establishing the institutional framework for ensuring the anti-crisis resilience of the agricultural sector, are identified. Their potential for adaptation to Ukrainian conditions is demonstrated, taking into account current challenges to financial and economic security. Conclusions. The implementation of European approaches to financial stabilization, transparency, control, and risk management represents a promising direction for enhancing the financial resilience of Ukrainian agricultural enterprises. The theoretical conclusions and analytical generalizations developed in the study can serve as a basis for further advancement of institutional mechanisms of anti-crisis management, strategic planning, and state support for the agricultural sector.