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| Feng, Li; Hendrikse, George W.J.. |
| In the 1950s and 1960s there was a debate about the nature of an agricultural cooperative: the cooperative as extension of the farm, the cooperative as vertical integration or the cooperative as a firm. We revisit this debate with various concepts from the theory of the firm that have been formulated since 1990. Two concepts shed light on this debate: the enterprise as a system of attributes and the delineation of a governance structure in terms of ownership rights, control rights and income rights. We argue that viewing the cooperative as a system of attributes integrates these three views. It emphasizes that a cooperative is a firm in itself, with many independent input suppliers as owners. The feature of many input suppliers as owners implies that the... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
| Ano: 2008 |
URL: http://purl.umn.edu/44398 |
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| Zhao, Huan; Liu, Jian-qiu; Qu, Kai-yue; Feng, Li; He, Yi. |
| In recent years, the price of traditional Chinese medicinal materials soars continuously, and the resulting price risk increasingly looms large, which has critically affected midstream and downstream industries and peoples' demand for drug, and imperiled healthy and orderly development of traditional Chinese medicinal industries. Based on the status quo of continuous skyrocketing price of traditional Chinese medicinal materials at present, we winkle out the root cause of soaring price as follows: the supply and demand lose balance; the production costs hike up; there are other factors responsible for soaring price. This paper further analyses the impact of sharp increase in price of traditional Chinese medicinal materials on ail links of industry chain as... |
| Tipo: Article |
Palavras-chave: Traditional Chinese medicinal materials; Soaring price; Risk prevention; Industry chain; China; Agribusiness. |
| Ano: 2011 |
URL: http://purl.umn.edu/122948 |
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