Issue |
SHS Web of Conf.
Volume 89, 2020
Conf-Corp 2020 – International Scientific-Practical Conference “Transformation of Corporate Governance Models under the New Economic Reality”
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Article Number | 01001 | |
Number of page(s) | 6 | |
Section | A Shift in the Corporate Governance Paradigm in the Context of the Technological Transformation and the Coronavirus Crisis | |
DOI | https://doi.org/10.1051/shsconf/20208901001 | |
Published online | 23 December 2020 |
Management of small agricultural cooperation and corporatization
1 Kuban State Agrarian University named after I.T. Trubilin, Kalinin Str., 13, 350044 Krasnodar, Russia
2 North-Caucasus Federal University, Pushkin Str., 1, 355017 Stavropol, Russia
* Corresponding author: tolmachalex@mail.ru
The possibility of applying the principles of corporate governance in the practice of small agricultural businesses is considered. The authors believe that cooperative associations of small market participants can transform into corporate associations at a certain stage of development. The scientific novelty is represented by an improved economic mechanism of two-level cooperation of small agricultural enterprises with the financial participation of municipalities, regional and Federal authorities and the formation of their own cooperative Bank. The mechanism recommended by the authors is aimed at motivating small business participants to cooperate by the possibility of subsequent corporatization. The implementation of the cooperation development plan will require temporary exemption of its participants from the tax burden, while the state should practice joint construction of processing, logistics and other necessary facilities in the agricultural sector, with the subsequent transfer of its shares to consumer cooperatives of small businesses.
© The Authors, published by EDP Sciences, 2020
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