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The objective of this study is to determine if there are important size and industry effects on financial performance of cooperatives. The analysis of a sample of 43 cooperatives over the period 1970-1987 indicates that large cooperatives are more efficient in utilization of their assets, while...
Persistent link: https://www.econbiz.de/10005536343
Reorganization has been promoted as a means to strengthen the position of cooperatives within the agricultural economy. The purpose of this study is to determine if agricultural cooperatives that reorganized through merger, acquisition, or consolidation have improved their financial performance....
Persistent link: https://www.econbiz.de/10005536351
This research examines the effects of risk-related factors on the proportion of equity held by agricultural cooperatives. The empirical analysis indicates that capital structure is significantly affected by the level and variation of profitability, commodities handled, and market function. The...
Persistent link: https://www.econbiz.de/10005338462
Persistent link: https://www.econbiz.de/10005338685
Understanding the allocation of labor between collective and private activities within cooperatives has been an issue of interest for economists and policy makers. This paper extends existing literature by incorporating income uncertainty from both private and collective activities, and by...
Persistent link: https://www.econbiz.de/10005500764
An experimental training program for extension agents brought agents and specialists into daily contact for eighteen months, enabling them to share information about their respective work environments. The lessons learned can increase mutual understanding between agents and specialists. Such...
Persistent link: https://www.econbiz.de/10005806985
Sources and uses of funds in agricultural cooperatives are examined and compared to the aggregate of nonfinancial corporations for the period 1973-1987. Cooperatives are observed to finance nearly half their growth with equity. The equity financing proportion of cooperatives is statistically...
Persistent link: https://www.econbiz.de/10005807004
Persistent link: https://www.econbiz.de/10005807037
A comparison of regional dairy cooperatives with investor owned dairy firms for the period 1976-1987 produced empirical findings that are at variance with the hypotheses suggested by the theory of cooperatives. The cooperatives in the sample performed significantly better than the IOFs when...
Persistent link: https://www.econbiz.de/10005807111
Profitability measures are omitted from performance analyses of marketing pool cooperatives that do not include raw products in their reported costs. A procedure to estimate the profitability of these cooperatives is proposed, converting net proceeds to a figure comparable to standard net profit...
Persistent link: https://www.econbiz.de/10005807142