Mechanisms for restoring the solvency of Russian agricultural debtors

Abstract

The purpose of this article is to analyse the mechanisms to restore the solvency of Russian agricultural organisations. The achievement of the goal set by the authors is carried out as a result of the study of socioeconomic factors affecting the financial stability of agricultural organisations, as well as consideration of the provisions of regulations that provide mechanisms for financial recovery of agricultural organisations both outside the bankruptcy procedure and within the bankruptcy procedure. In carrying out the study, the authors used systemic and structural and functional methods of scientific knowledge, the method of interpretation of legal norms, and the logical method. As a result of the study of various factors that affect the financial stability of agricultural organisations, the authors came to the conclusion that they should be taken into account in the formation of a system of measures aimed at restoring the solvency of agricultural organisations and the establishment of regulatory and legal regulation of rehabilitation procedures in respect of such organisations. According to the authors, the proposals for improving the mechanisms of restoring the solvency and sustainability of agricultural organizations will ensure the progressive development of the agro-industrial sector of the Russian economy.