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Feasibility of the Income Stabilisation Tool in Finland 31
Liesivaara, Petri; Myyra, Sami; Jaakkola, Antti.
Whole-farm income insurances are promoted in the new post-2013 Common Agricultural Policy (CAP). The current Crop Damage Compensation (CDC) scheme in Finland covers crop failure for farmers who have suffered losses and applied for the payments. This paper analyses the use of the Income Stabilisation Tool (IST) and compares it to the current CDC scheme in Finland. The Finnish Farm Accountancy Data Network (FADN) is used to simulate the costs of IST compensation payments. Special attention is paid to pig farms and their possibilities to manipulate the IST. Results show that the IST is triggered with a high frequency on Finnish farms. The IST would be more costly than the current CDC programme. The results also suggest that the IST would act as an income...
Tipo: Presentation Palavras-chave: Income stabilization tool; Moral hazard; Farm Accountancy Data Network; Farm Management; Risk and Uncertainty; Q14.
Ano: 2012 URL: http://purl.umn.edu/122537
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Developing agricultural businesses: Management accounting and the FADN System 31
Zarda, Nora.
In the current economic situation, the demand for creating and maintaining a competitive edge puts increasing pressure on business leaders. They should better manage their costs, plan more accurately and finance projects in a manner which best supports organizational efficiency and development of a good long-term strategy. All this makes it necessary to turn data into valuable information, to improve accountability within the company, to make costs more transparent, and to better support plans and decisions about the future of the company. Consistent use of management accounting can help entrepreneurs reach these goals, and is especially valuable to agricultural businesses due to the special characteristics of the sector. The study looks at the methods,...
Tipo: Journal Article Palavras-chave: Management information systems; Management accounting; Agriculture; EU; Farm Accountancy Data Network; Vezetői információs rendszerek; Vezetői számvitel; Mezőgazdaság; EU; Tesztüzemi információs rendszer; Agribusiness; Agricultural Finance.
Ano: 2009 URL: http://purl.umn.edu/92544
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