Corporate Architecture of Sustainable Development Reporting as a Tool Market Capitalization of Agrarian Business of Ukrainian Companies

Abstract

Successful economic activity of companies in the field of agribusiness requires consideration of the most important for current and future generations issues of environmental, social and economic security of social development. The implementation of the principles of sustainable development in practice requires appropriate information and analytical support provided by corporate non-financial reporting of economic entities. The purpose of the article is to substantiate the methodological principles of building a corporate architecture of reporting on sustainable development of Ukrainian agricultural companies and assess the degree of impact of such reporting and the cost of agribusiness. The analysis of the current level of sustainable development of agriculture in Ukraine has shown the existence of significant problems and deterioration of environmental, social and economic components of the industry. The proposed architecture of sustainable development reporting of Ukrainian agricultural companies should be built in the system of agro-industrial complex, as part of the national concept of sustainable development of the national economy. The implementation of the architecture of reporting on sustainable development in practice requires supplementing the methodological basis of the conceptual basis of reporting, which was done in terms of its key qualitative characteristics. The assessment of the degree of impact of corporate reporting on sustainable development on the financial results and value of agribusiness showed the presence of close direct links in large agricultural holdings and uncertainty in medium and small agricultural companies. The main problem was the low motivation of the management of medium and small agricultural companies in Ukraine to participate in sustainable development programs. The results convincingly show that corporate reporting on sustainable development as an element of meeting the needs of internal and external users and potential investors is an important component of corporate responsibility of modern agribusiness in Ukraine and improves reputational, financial, economic and socio-environmental performance.