European Journal of Business Science and Technology 2022, 8(1):54-71 | DOI: 10.11118/ejobsat.2022.001

On the Investment Attractiveness of Ukrainian Companies

Natálie Veselá1, Volodymyr Rodchenko2, David Hampel1
1 Mendel University in Brno, Czech Republic
2 Kharkiv National University, Ukraine

The geographical location of Ukraine provides a multitude of possibilities for successful investment activity. There are rich natural resources, a fertile soil and a qualified low-cost labour force. On the other hand, investors have to deal with historical ties to the Soviet Union, corruption, and political instability exacerbated by occupation of part of the territory by Russia. This paper deals with the possibility of identifying the investment attractiveness of the particular sectors in Ukraine by the level of concentration measured by the Herfindahl-Hirschman index. Accounting data of companies taken from the Orbis database are evaluated by ABC analysis and the general linear model. The results point to significant dependency of variables representing investment attractiveness on the Herfindahl-Hirschman index, where deviations are explained by sectoral specifics.

Keywords: ABC analysis, Herfindahl-Hirschman index, investment attractiveness, Ukrainian companies and sectors
JEL classification: C21, F21

Received: April 15, 2021; Revised: February 24, 2022; Accepted: February 28, 2022; Published: July 31, 2022  Show citation

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Veselá, N., Rodchenko, V., & Hampel, D. (2022). On the Investment Attractiveness of Ukrainian Companies. European Journal of Business Science and Technology, 8(1), 54-71. doi: 10.11118/ejobsat.2022.001
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