...Jasper Grashuis; Keri Jacobs Purpose The objective of the study is to explore explanations for the capital structure compositions of farmer cooperatives, which have a unique equity structure with allocated equity as well as unallocated equity. Design/methodology/approach Data came from a panel...

... Licensed re-use rights only Capital structure Savings Financing Debt use Risk balancing Small farms Risk management is one of the important factors in farm's operation and financial health. A farmer's expected business risk (BR) (a risk associated with market, environment and policies...

...Jeffrey Royer; Gregory McKee Purpose This paper presents a model for determining the optimal capital structure for cooperatives and explores the relationship between financial leverage and the ability of cooperatives to retire member equity. Design/methodology/approach A model is developed...

...Yiorgos Gadanakis; Gianluca Stefani; Ginerva Virginia Lombardi; Marco Tiberti Purpose The purpose of this paper is to provide empirical evidence on the relationship between capital structure and technical efficiency (TE) for Italian cereal farms during the 2008–2014 period. Emphasis is given...

...Feng Wu; Zhengfei Guan; Robert Myers Purpose – The purpose of this paper is to provide a unified theoretical framework that explains farm capital structure choice. Design/methodology/approach – The framework accommodates different credit access scenarios and heterogeneous risk profiles...

... data set. In Section 5 we present and discuss our results, while Section 6 summarizes and concludes. The risk balancing literature is embedded in farm finance research and has been analyzed predominantly in a US context. Analyzing the farm financial structure and optimal capital structure...

...@uga.edu © Emerald Group Publishing Limited 2009 Capital structure United States of America Farms Sustainable development The difference between the growth in sales and the sustainable growth rate is referred to as the SGC (Higgins, 2003), i.e. (Equation 14)  Ex ante...

... capital is expected to improve co‐operative efficiency © Emerald Group Publishing Limited 2007 Agribusiness co operatives Capital structure Cost efficiency ...