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Keywords: Capital
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Journal Articles
Agricultural Finance Review (2013) 73 (1): 102–118.
Published: 03 May 2013
... decision. It is unclear whether patronage refunds have been used more as a capital management tool or as a member recruitment and retention tool. This study aims to bring some clarity to this issue. Design/methodology/approach The authors use an empirical logistic model to estimate the probability...

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