Biodiversity and accounting: Compositional methodology in the accounting statement analysis of the beekeeping industry
Submitted: 2024-01-19
|Accepted: 2024-04-15
|Published: 2025-06-16
Copyright (c) 2025 Núria Arimany Serrat, Germà Coenders
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
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Keywords:
compositional data analysis (CoDa), financial statement analysis, apiculture, biodiversity, financial ratios
Supporting agencies:
Ministerio Español de Ciencia, Innovación y Universidades
FEDER
Departamento de Investigación y Universidades de la Generalitat de Catalunya
Ministerio de Sanidad
Abstract:
The decline of pollinators affects biodiversity and food security, and preserving the beekeeping industry derives from the European Commission “new deal for pollinators, 2023”. The health of bees conditions the financial health of said industry and we present its diagnosis from 2016 to 2021 to help make appropriate managerial decisions. We use compositional data analysis due to its advantages in the analysis of accounting statements, with geometric ratio means and cluster analysis to identify the groups of threatened companies. Negative margins are the main threat, although we find two clusters with positive figures.
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