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financial or economic value of strategic options in agricultural cooperatives can be significant, and decision makers may … benefit from accounting for their presence. Originality/value – Cooperatives play an important role in agribusiness but have … to an understanding of the value of control and residual rights associated with the Board and members of cooperatives.  …
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In the era of a global economy, farmers face increasing pressure in developing a portfolio of various marketing channels. However, the literature on direct marketing strategies has mainly focused on consumers. Using farm-level data this study investigates factors associated with the choice of...
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A typical characteristic of the wine supply chain in the Old World is the significant share of cooperatives in wine … characteristics. The high share of farmers delivering their grapes to cooperatives can, to a large extent, be explained by their …
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Economic theory suggests several plausible reasons why firms may employ hurdle rates for capital investment appraisal that differ from discount rates. Using a sample of business units from the PIMS data bank of North American companies we find that hurdle rates are frequently below and also...
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