Universal Journal of Accounting and Finance Vol. 9(4), pp. 852 - 868
DOI: 10.13189/ujaf.2021.090431
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Financial Support of Passenger Transportation in the Regional Road Transport System of Ukraine


Natalia V. Trusova 1,*, Oleksandr M. Petruk 2, Andrii Yu. Polchanov 2, Iryna M. Tsaruk 3, Tatiana O. Bilіak 3
1 Department of Finance, Banking and Insurance, Dmytro Motornyi Tavria State Agrotechnological University, 72310, Melitopol, Ukraine
2 Department of Finance and Credit, Zhytomyr Polytechnic State University, 10005, Zhytomyr, Ukraine
3 Department of Management and Entrepreneurship, Zhytomyr Polytechnic State University, 10005, Zhytomyr, Ukraine

ABSTRACT

The article considers the forming resource elements of financial support of passenger transportation in the regional road transport system of the state, taking into account the impact on their structure of interdependent basic parameters of financial flows of public-private partnership. A methodological approach to assessing the formative resource elements of financial support for passenger transport in the region, which is based on the concept of developing the financial potential of the road transport industry, which determines the interaction of various factors under the general financial mechanism and aims at ensuring target parameters of profitable activities is developed. The mechanism of redistribution of own and credit resources between separate objects of the regional road transport system is substantiated, as it is a vector of integration direction of movement of the financial streams arising between the road transport enterprises in the sphere of passenger transportations. Changes in the basic parameters of financial flows of road transport enterprises in the cycle of financial support of passenger traffic in the region have been formalized. The analysis of the species structure of the road transport system and the volume of passenger turnover of Ukraine is carried out. The conditions of redistribution of financial resources by the State Road Fund of Ukraine between the regions and the share of implemented public-private partnership projects in the field of road transport of the country are determined. The scenario of the optimal market value of road transport enterprises in the cycle of financial support of passenger transport of the region is offered.

KEYWORDS
Transport, Public Transport, Passenger Transportation, Road Transport Infrastructure, Financial Support, Investments, Public-Private Partnership

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Natalia V. Trusova , Oleksandr M. Petruk , Andrii Yu. Polchanov , Iryna M. Tsaruk , Tatiana O. Bilіak , "Financial Support of Passenger Transportation in the Regional Road Transport System of Ukraine," Universal Journal of Accounting and Finance, Vol. 9, No. 4, pp. 852 - 868, 2021. DOI: 10.13189/ujaf.2021.090431.

(b). APA Format:
Natalia V. Trusova , Oleksandr M. Petruk , Andrii Yu. Polchanov , Iryna M. Tsaruk , Tatiana O. Bilіak (2021). Financial Support of Passenger Transportation in the Regional Road Transport System of Ukraine. Universal Journal of Accounting and Finance, 9(4), 852 - 868. DOI: 10.13189/ujaf.2021.090431.