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This paper outlines a research program comparing the economic organization of agriculture in the United States and European Union. Both have highly developed agricultural sectors but their organizational arrangements vary widely. Comparative analysis not only provides a broad set of firms and...
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Unlike most other mature industries, family firms, partnerships, and cooperatives dominate the agricultural production sector, with few corporations and limited access to capital derived from a source other than retained earnings and existing owners. However, the use of external equity capital...
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How are extra costs resulting from the occurrence of unanticipated risks allocated in a procurement setting? This paper develops a theoretical framework combining transaction cost economics with equity theory in order to explain why parties endorse cooperative strategies, basically a 50-50...
Persistent link: https://www.econbiz.de/10011184139
Institutional reforms and their contribution to development and growth have been a source of renewed interest as well as of many challenges over the last two decades. Identifying the forces that push towards reform and the conditions that determine the success or failure of reforms, building...
Persistent link: https://www.econbiz.de/10010798551
Because of their perishable nature and the impact of their quality on consumers, agricultural products have always raised important problems of coordination and control with high transaction costs. The recent period in the agrifood industry has registered substantial evolution in devices...
Persistent link: https://www.econbiz.de/10010880263
[fre] Partant d'une définition rigoureuse de la coopération dans les organisations, cet article explore les facteurs susceptibles d'en rendre compte. La section I porte sur l'explication la plus répandue, fondée sur la contrainte technologique. La section II examine les interprétations...
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