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| Richards, Timothy J.; Klein, Kurt K.; Walburger, Allan M.. |
| Cooperatives throughout North America are consolidating at an increasing rate and for a variety of reasons. While many cooperatives merge with others or are acquired to achieve greater economies of scale, several fail due to changes in the external economy, which make them redundant. Often, such redundancy is reflected in a heightened sense of member dissatisfaction. Many argue that such dissatisfaction is likely to arise in cooperatives as a result of principal-agent problems. In order to determine whether or not cooperative managers maintain the same goals as their owners, this study uses data from a member-survey to compare Alberta cooperative members' objectives with those they believe to be held by their cooperatives' managers. An econometric model of... |
| Tipo: Journal Article |
Palavras-chave: Agribusiness. |
| Ano: 1998 |
URL: http://purl.umn.edu/46223 |
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| Walburger, Allan M.; Foster, Kenneth A.. |
| Regional live cattle prices are decomposed into two components: (a) a trend common to all regional cattle price series and (b) regional deviations or price dynamics around that trend. Tests are developed to determine if market factors are related to the regional price deviations around a common trend. Slaughter volume, distance between a market and the next closest, and forward contract deliveries are significantly related to price deviations from the estimated common trend. |
| Tipo: Journal Article |
Palavras-chave: Livestock Production/Industries. |
| Ano: 1997 |
URL: http://purl.umn.edu/31009 |
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