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Handing Over the Reins: A Comparative Study of Intergenerational Farm Transfers in England, France and Canada AgEcon
Errington, Andrew.
One of the most critical stages in the development of any family business is the transfer of its ownership and control to the next generation. However, the process by which this transfer is achieved in farming has been one of the least-researched facets of farm business management. This paper draws on an on-going research project which seeks to remedy this omission. Comparable data for a total of 3,500 farms in England, France and Canada has been analysed to provide a portrait of the main features of the process in which the older generation retires from the farm while the younger generation takes over its ownership and management. The paper begins by defining the three distinct, but interrelated, processes of inheritance, succession and retirement....
Tipo: Conference Paper or Presentation Palavras-chave: Family Farms; Retirement; Business Succession; Farm Management.
Ano: 2002 URL: http://purl.umn.edu/24905
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Parental Motivation in Family Farm Intergenerational Transfers AgEcon
Lange, Kelly Y.; Johnson, Jeffrey W.; Johnson, Phillip N.; Hudson, Darren; Belasco, Eric J..
An intergenerational transfer model incorporating both altruism and exchange is presented for family farm transfers. A simulation study is conducted to test parental motivation in intergenerational transfers of family farm businesses. Results indicated that family farm intergenerational transfers are altruistically motivated.
Tipo: Conference Paper or Presentation Palavras-chave: Family Farms; Intergenerational Transfer; Family Farm Succession; Consumer/Household Economics; Farm Management; Q10; Q12.
Ano: 2011 URL: http://purl.umn.edu/103231
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Application of Fuzzy Sets within Measuring and Managing certain Agricultural Risks AgEcon
Sedlak, Otilija; Kocic Vugdelija, Vesna.
The aim of this paper is to set-up the algorithm for determining the degree of workability of the soil, to help the owners of family farms to plan working hours of agricultural machines, i.e. with the machine park management. The plans, which would be made by use of these algorithms and based on the accurate information of the cultivation conditions, would result in the appropriate use of time and capacity of the agricultural machines. In some sectors, such as agriculture or certain industries, chance that certain event occurs plays a very important role. The influence of random events, however, can be significantly reduced if decision makers are counting on them, reveal their nature and gather as much information about them as possible. Justification of...
Tipo: Conference Paper or Presentation Palavras-chave: Agriculture; Family Farms; Machine Park Management; Fuzzy Systems; Agricultural and Food Policy; Crop Production/Industries; Farm Management; Land Economics/Use; Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/109383
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