Technological innovation has a significant impact on the performance of enterprises, but current research on technological innovation investment tends to focus on high-end industries, lacking empirical research in the field of agricultural and sideline food processing. There are significant differences in the internal production models of agricultural and sideline food processing enterprises. This article conducts a classified study of the agricultural and sideline food processing industry based on production models, using panel models to explore the impact of exploratory technological innovation and exploitative technological innovation on the economic added value, solvency, profitability, and development capabilities of enterprises. The following research conclusions are drawn: overall, exploratory technological innovation in agricultural and sideline food processing enterprises negatively affects the solvency of enterprises, positively affects the profitability and development capabilities of enterprises, and negatively affects the economic added value of enterprises. However, in the subcategories of agricultural and sideline food processing industries, the performance of feed, breeding, slaughtering, and meat processing enterprises is consistent with the overall performance of the agricultural and sideline food processing industry; there is no exploitative innovation investment in the prefabricated food and snack food enterprises, and exploratory technological innovation negatively affects the performance of enterprises; in the grain and oil and grain processing enterprises, exploratory technological innovation negatively affects the performance of enterprises, and exploitative technological innovation has a negative impact on the economic added value of enterprises; in the sugar and biological additive enterprises, exploratory technological innovation has a positive impact on the economic added value of enterprises. This study enriches the research on dual innovation while providing some reference for adjusting innovation directions in the subcategories of the agricultural and sideline food processing industry and for scientific allocation of innovation investment amounts by agricultural and sideline food processing enterprises.
The objective of this study is to analyze the value relevance of accounting information on net profit and operating cash flow in the pricing of shares of companies in the agribusiness sector that have biological assets, in addition to assessing the impact of CPC revision No. 08. Data collected from Econom & aacute;tica (R) and the IR websites of Brazilian agricultural companies listed in (B) from 2013 to 2020, covering the year in which CPC revision No. 08 came into effect, were used. The analysis was performed using regression with panel data and random effects, using STATA (R) software. The results indicated that, despite presenting positive coefficients, net profit and operating cash flow were not relevant to explain the share price in the sample investigated. On the other hand, biological assets proved to be value relevant to the market in the formation of the share price. Furthermore, the aforementioned review did not present statistical significance and was considered not value relevant. Finally, the study contributes to the national literature by offering insights into the relevance of accounting information in the agricultural sector and assists users of this information in assessing the performance of publicly traded companies, as well as accounting regulatory bodies
The aim of this paper is to examine the value relevance of analytical indicators based on financial reports of companies operating in European markets within the agricultural sector. The paper will conduct a series of regression analyses where company multiples will be set dependent variables, and selected accounting indicators will be set as independent variables. The models explore the impact of changes in growth, risk, and profitability indicators on changes in the value of companies expressed through commonly known value multiples such as P/E, P/B, EV/EBITDA, and EV/EBIT. The research results indicate that changes in sales revenue growth and leverage significantly influence changes in the value of all multiples the model, while profitability indicators such as ROA, ROE, and profit margin have significant impact on some specific multiples. Research is significant for all stakeholders who want to learn about the value of the company and the factors that influence its movement. Especially for participants in the financial markets focused on investments in the agricultural sector.
The aim of this study is to reveal the economic analysis of almond producing enterprises, and to make suggestions for the problems encountered in almond production. The primary data of the research were obtained by face-to-face interviews with 96 businesses producing almonds in the Besni region of the Adiyaman province during the 2020-2021 production period. The single product budget analysis was used to determine the cost and profitability of almond production in the examined enterprises. According to the research results; the average land width of the almond enterprises was determined as 71.70 da, the average tree age was 7.77 years, the average almond seed yield was 144.44 kg/da, and the average almond yield was 301.55 g. The production cost of 1 kg of almonds was 20.49 Turkish Lira (TL), the average sale price of almonds was 18.05 TL, and the profit margin of 1 kg of almonds was -2.44 TL. Gross production value was calculated as 3909.89 TL, gross profit as 2952.56 TL, absolute profit as 950.85 TL, and relative profit as 1.32. It was observed that, the number of trees that do not bear fruit and the number of plantations that have not reached productivity, negatively affect the profit margins of the producers.
