Imperfection of the Contractual Relations in the Regional Agrarian Sector

Benz, Daria; Silova, Elena

doi:10.5901/mjss.2015.v6n5s2p615

Cited by 3 publications

(2 citation statements)

References 5 publications

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“…Such a relationship must be advantageous for both parties, and meso and macro sustainability levels of an economic system must be high enough not to allow for a macro-environment to change and hinder the realization of a contract. The efficiency of a relationship can be defined via the efficiency of contractual relationships established in order to satisfy economic interests of their participants [29].…”

Section: Dialectics Of Sustainability Of Agrarian Relationsmentioning

confidence: 99%

Rental Income Structure in Economy as a Basis for Sustainable Agrarian Relations in the Agro-Industrial Complex

Zaytsev

2020

Sustainability

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Modern features of the development of the agro-industrial complex as part of the economy as a whole require changes in the traditional models of state regulation, which do not take into account the structure of rental income in the economy and do not use the capabilities of the relevant instruments. This is reflected in the insufficient efficiency of subsidies provided by the state to agricultural enterprises and the preservation of high social and infrastructural differentiation of the regions, as well as the dependence of the agricultural sector on the pricing policy of other industries. All this is shown by the example of the analysis of statistical data of regions of the Russian Federation for 2011–2019. To eliminate these problems, theoretical and methodological approaches have been developed, which made it possible to substantiate the concept of regulating the sustainability of agricultural relations through the synthesis of the theory of sustainability, the theory of systems, and rental theory. Within the concept the role of the structure of rental income in the formation of sustainability of agrarian relations, in their qualitative content, and in the redistribution of added value from the agrarian sphere in monopolized spheres is revealed. The possibility and necessity of state regulation of the agrarian sphere on the basis of dynamic regulation of the sustainability of agrarian relations with the help of management of the rent mechanism is substantiated.

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Section: Dialectics Of Sustainability Of Agrarian Relationsmentioning

confidence: 99%

Rental Income Structure in Economy as a Basis for Sustainable Agrarian Relations in the Agro-Industrial Complex

Zaytsev

2020

Sustainability

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“…Most of the theoretical and methodological problems of audit are related to the unresolved legal aspects, in particular, the specifics of audit responsibility. [31][32][33][34][35].…”

Section: Introductionmentioning

confidence: 99%

Audit Responsibility as a Specific Type of Legal Responsibility

Kim¹

2020

Proceedings of the International Scientific Conference "Far East Con" (ISCFEC 2020)

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Most of the theoretical and methodological problems of audit are related to the unresolved legal aspects, in particular, the specifics of audit responsibility. The issue of legal responsibility is well developed in the legal and economic literature, but there is no General understanding of the specifics of audit responsibility. The purpose of this article is to determine the grounds and problems of implementation of the legal responsibility of the auditor. Legal responsibility implies the existence of guilt, if we are talking about a concrete infringement. The article substantiates that the requirement of mandatory guilt as a result of the auditor's specific offense unreasonably narrows the range of application of audit responsibility. On the basis of the General theoretical (philosophical) method and specifically applied research methods, the author proposes to identify not only legal but also moral grounds for audit responsibility, which arise in connection with the abuse of law ("black audit"), which is considered by law as an act, socially harmful and illegal, but not always punishable. The author's conclusion is that the basis of audit responsibility, as a specific type of legal responsibility, is the fact that it should occur both for offenses and in their absence, subject to harm in connection with a non-specific offense, and in connection with the delay, late acceptance and inefficiency of audit recommendations, erroneous audit opinion, abuse of law. All these grounds together can cause huge damage to both the state and other economic entities and individuals.

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Transactional Analysis of Agrarian Sector

Barkhatov

Bents

Silova

2020

IOP Conf. Ser.: Earth Environ. Sci.

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The Russian agrarian market shows a difficult situation. We research this market with the institutional point. The food chain is rather long. We can see the following subjects: “farmers – manufacturers – wholesale merchandisers – retailers – ultimate consumers”. We can’t deny “egoistical” motive of each subject to increase his own utility (and this idea is under the neoclassical paradigm). If we speak about the first four subjects, this utility is in the desire to sell the product to the following link in a chain at higher price. We can consider such desire normal if the price extra charge at each stage of the agrarian chain doesn’t exceed on average 5% over the cost value (in one of the reports the President of Russia has said such trade extra charge as “normal” profitability for food sellers). Meanwhile, we see an essential distortion at the stage “farmers – manufacturers”. We suggest to consider this phenomenon through the institutional theory which operates with categories “contractual relations”, “behavioral opportunism”, “transactional costs”. The companies- manufacturers often hold a monopoly position at the local markets. As a result farmers have no opportunity to realize a product at reasonable price. Thus, production of a qualitative, environmentally friendly and healthy product becomes almost impossible. Farmers have no motivation to produce a qualitative and safe product, and in general to produce it. The efficiency of contractual interactions of a food chain is low already on start. Thus, researching the agrarian market since 2015, we have come to a conclusion concern such phenomenon as “a transactional rent”. This category has been introduced for scientific use. Using this category we point to the institutional imperfection of the agrarian market. More over in the article the we make quantitative analysis using developed technique. It allows to estimate the level of transactional costs at each stage of food chain.

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Imperfection of the Contractual Relations in the Regional Agrarian Sector

Cited by 3 publications

References 5 publications

Rental Income Structure in Economy as a Basis for Sustainable Agrarian Relations in the Agro-Industrial Complex

Rental Income Structure in Economy as a Basis for Sustainable Agrarian Relations in the Agro-Industrial Complex

Audit Responsibility as a Specific Type of Legal Responsibility

Transactional Analysis of Agrarian Sector

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