Comparative Financial Performance of Agricultural Cooperatives and Investor-Owned Firms

Συγγραφείς:
Hardesty, Shermain D.
Salgia, Vikas D.
Τύπος: Conference Paper
'Ετος δημοσίευσης: 2004
Πηγή: AgEcon
Συλλογή από: AGRIS
Θέμα:
cooperatives
agribusiness and cooperatives
Περιγραφή:This study researches the validity of claims that cooperatives are destroying value by comparing the financial performance of agricultural cooperatives with investor-owned firms in four sectors--dairy, farm supply, fruit and vegetable, and grain. Traditional financial ratios measuring profitability, liquidity, leverage and asset efficiency were analyzed for 1991 through 2002. Overall, the financial performances of agricultural cooperatives and their investor-owned counterparts were comparable. Consistent with theoretical expectations, cooperatives demonstrated lower rates of asset efficiency, except in the dairy sector. Cooperatives in all four sectors were less leveraged, while results regarding the relative profitability and liquidity of cooperatives were not conclusive.
 

Σχετικοί Πόροι

The Organizational, Financial and Ownership Characteristics of US Agricultural Cooperatives: Survey Results from a New Institutional Economics Perspective

Provider: 
Subject: 
economics
agricultural economics
cooperatives
agribusiness and cooperatives

Support for Farmers' Cooperatives;Case Study Report-Structure and Strategy of Olive Oil Cooperatives: Comparing Crete, Greece to Andalusia, Spain

Provider: 
Subject: 
products
agricultural products
agricultural policies
cooperatives
agribusiness and cooperatives
farming systems
cooperative farming

Υποστήριξη συνεταιρισμών; Case Study Report Cebeco

Provider: 
Subject: 
agricultural development
cooperatives
agribusiness and cooperatives
farming systems
cooperative farming

MEASURING X-EFFICIENCY AND SCALE EFFICIENCY FOR A SAMPLE OF AGRICULTURAL COOPERATIVES

Provider: 
Subject: 
products
cooperatives
agribusiness and cooperatives
Collected from: 

Report. Network for the Development of Agricultural Cooperatives in Asia and the Pacific (NEDAC). First meeting

Provider: 
Subject: 
agribusiness and cooperatives
cooperatives
Collected from: 

New strategies for mobilizing capital in agricultural cooperatives

Provider: 
Subject: 
agribusiness and cooperatives
cooperatives
Collected from: 

AGRERI Library

The Organizational, Financial and Ownership Characteristics of US Agricultural Cooperatives: Survey Results from a New Institutional Economics Perspective

Provider: 
Subject: 
economics
agricultural economics
cooperatives
agribusiness and cooperatives

Support for Farmers' Cooperatives;Case Study Report-Structure and Strategy of Olive Oil Cooperatives: Comparing Crete, Greece to Andalusia, Spain

Provider: 
Subject: 
products
agricultural products
agricultural policies
cooperatives
agribusiness and cooperatives
farming systems
cooperative farming

Υποστήριξη συνεταιρισμών; Case Study Report Cebeco

Provider: 
Subject: 
agricultural development
cooperatives
agribusiness and cooperatives
farming systems
cooperative farming

External Library

MEASURING X-EFFICIENCY AND SCALE EFFICIENCY FOR A SAMPLE OF AGRICULTURAL COOPERATIVES

Provider: 
Subject: 
products
cooperatives
agribusiness and cooperatives
Collected from: 

Report. Network for the Development of Agricultural Cooperatives in Asia and the Pacific (NEDAC). First meeting

Provider: 
Subject: 
agribusiness and cooperatives
cooperatives
Collected from: 

New strategies for mobilizing capital in agricultural cooperatives

Provider: 
Subject: 
agribusiness and cooperatives
cooperatives
Collected from: