a 2023

Financial strategy of food retailers as an influencing aspect behind a food poverty in Central and Eastern European Countries

OKSANA, Dubanych; Jan VAVŘINA and Josef POLÁK

Basic information

Original name

Financial strategy of food retailers as an influencing aspect behind a food poverty in Central and Eastern European Countries

Authors

OKSANA, Dubanych; Jan VAVŘINA and Josef POLÁK (203 Czech Republic, belonging to the institution)

Edition

8th International Scientific Conference: Economics, Management, Finance and Social Attributtes of Economic System (EMFSA 2023 - Portorož), 2023

Other information

Language

English

Type of outcome

Conference abstract

Field of Study

50204 Business and management

Country of publisher

Slovakia

Confidentiality degree

is not subject to a state or trade secret

Organization unit

AMBIS University

ISBN

978-80-973642-5-0

Keywords in English

food supply chain;financial strategy;business economics;food poverty
Changed: 12/3/2024 16:31, Ing. Kateřina Lendrová

Abstract

In the original language

The concept of supporting socially disadvantaged population groups is not new and has a tradition in both countries the core of the EU, as well as in newer member countries. However, they are facing new challenges, whether it was a pandemic of a new type of coronavirus or the current war conflict in Ukraine. Authors employ in their explorative study corporate micro-financial data of food retailers from selected Central and Eastern European Countries to identify effects within selected multiple categorical independent factors on strategic financial performance of food retailers. Food retail chains are primarily business entities that fulfil their strategic financial goals by placing food stuff on the market. It is therefore an ambivalent situation, where on one hand there is an effort to maximize market value added of food merchandisers. A diversed situation of strategic financial performance of food retailers is identified as an factor that puts a pressure on an increase of food poverty in Europe.