Environmental performance and bank lending: Evidence from unlisted firms

Author(s):  
Nirosha Hewa Wellalage ◽  
Vijay Kumar
Author(s):  
Yuliia Nehoda

The subject of the research – is a set of organizational-economic relations arising in the process of structural transformation of financial and credit relations in the agricultural business. The purpose of the article is a retrospective analysis of structural transformations of financial and credit relations in the agricultural business, evaluation of the effectiveness and feasibility of the introduction of agricultural receipts as a new instrument of lending to the agricultural business of the regions. Methodology of work – system-structural and comparative analyzes (to determine the effectiveness of the crediting mechanism according to the agricultural receipts of the farmers of the region); monographic (when studying the problems of the functioning of the mechanism of lending to agrarians by agrarian receipts) economic analysis (when carrying out a comparative analysis of the mechanism of classical bank lending to the agrarian business and the mechanism of lending to agrarians according to agrarian receipts); modeling and forecasting (when determining ways to overcome the existing deficiencies in the mechanism of lending to agrarian business entities of the region according to agrarian receipts). The results of the work – a retrospective analysis of the structural transformation of financial and credit relations in the agricultural business was carried out. The mechanism of crediting agrarians according to agrarian receipts and the scale of its distribution in the agrarian business of the region are considered. A comparative analysis of the mechanism of classical bank lending to the agrarian business and the mechanism of lending to agrarians according to agrarian receipts was carried out. In the framework of the pilot project “Agrarian receipts in Ukraine” of the international financial corporation (IFC) in partnership with the Swiss Confederation in Ukraine, the example of the Poltava region defined the effectiveness of the crediting mechanism according to the agrarian receipts of the agrarians of the region. The advantages and disadvantages of the mechanism of crediting the subjects of the agrarian business on agrarian receipts are noted. The ways to overcome the existing shortcomings of the mechanism of crediting the subjects of the agrarian business of the region according to agricultural receipts are determined. Conclusions – according to the results of the conducted research, the effectiveness of the mechanism of lending to the agricultural business of the regions according to agricultural receipts was proved, its advantages and disadvantages were noted, and attention was also focused. Proposed in Art. 7 of Law No. 5479-VI clearly delineate cases and restrictions on the debtor’s reimbursement of expenses incurred by the lender with the acquisition of the right to grow and harvest the pledged crop of agricultural products, which will ensure the principle of equality of parties on economic benefits and distribution of credit risks according to agricultural receipts.


Author(s):  
Serhii Kovbasenko ◽  
Andriy Holyk ◽  
Serhii Hutarevych

The features of an advanced mathematical model of motion of a truck with a diesel engine operating on the diesel and diesel gas cycles are presented in the article. As a result of calculations using the mathematical model, a decrease in total mass emissions as a result of carbon monoxide emissions is observed due to a decrease in emissions of nitrogen oxides and emissions of soot in the diesel gas cycle compared to the diesel cycle. The mathematical model of a motion of a truck on a city driving cycle according to GOST 20306-90 allows to study the fuel-economic, environmental and energy indicators of a diesel and diesel gas vehicle. The results of the calculations on the mathematical model will make it possible to conclude on the feasibility of converting diesel vehicles to using compressed natural gas. Object of the study – the fuel-economic, environmental and energy performance diesel engine that runs on dual fuel system using CNG. Purpose of the study – study of changes in fuel, economic, environmental and energy performance of vehicles with diesel engines operating on diesel and diesel gas cycles, according to urban driving cycle modes. Method of the study – calculations on a mathematical model and comparison of results with road tests. Bench and road tests, results of calculations on the mathematical model of motion of a truck with diesel, working on diesel and diesel gas cycles, show the improvement of environmental performance of diesel vehicles during the converting to compressed natural gas in operation. Improvement of environmental performance is obtained mainly through the reduction of soot emissions and nitrogen oxides emissions from diesel gas cycle operations compared to diesel cycle operations. The results of the article can be used to further develop dual fuel system using CNG. Keywords: diesel engine, diesel gas engine, CNG


Sign in / Sign up

Export Citation Format

Share Document