Most of the literature on vertical coordination and its impact on farm performance and farmer wellbeing deal with high-value or modern food supply chains, including export chains and chains dominated by large international supermarkets or other forms of foreign direct investment. The impact of...

There are important differences among former communist countries in performance of their agricultural sectors that are commonly attributed to variation in inherent institutions and reform policy choices. In this paper the link between institutions, reforms and (labour) productivity growth in...

Recent technological advances both on the farm and in the lab have made farming more independent form nature than ever before. Arguably, the new and accessible technologies are helping us to better understand and "manage" nature and thus for first time in history farming is becoming as any other...

The paper reviews and interprets capital structure theory in a stylized way and explains the conceptual issues, consequences, and implications for financial management. Firms face an uncertain world that does not co-operate with many of the assumptions of the theory. Specific attention is paid...