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Prior research indicates not only that family businesses have fewer management controls in place and are more likely to have non-economic goals for their firm but also that female-controlled businesses tend to underperform compared to male-controlled businesses. In this article, we analyze the...
Persistent link: https://www.econbiz.de/10010881529
Agribusiness firms introduce new products that require agricultural production and then processing. Firms have to decide about processing capacity and assure availability of agricultural feedstock. Some of this is done in-house, and some is secured through contracts. We investigate the...
Persistent link: https://www.econbiz.de/10010918048
This paper analyzes the effect of landowner risk preferences and land quality on the optimal mix of vertically integrated production and contracted production of an energy crop in a region characterized by heterogeneity in landowners’ risk preferences and land quality and with riskiness of...
Persistent link: https://www.econbiz.de/10010918049
This article discusses the current state of contract theory and its usefulness for conceptualizing issues related to agricultural contracting. I will discuss the limitations of existing theory for applied work, and what methodological improvements are needed to enhance the usefulness of the...
Persistent link: https://www.econbiz.de/10010881528