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 POLÁKBasic 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
References:
Organization unit
AMBIS University
ISBN
978-80-973642-5-0
Keywords in English
food supply chain;financial strategy;business economics;food poverty
Tags
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.