Data/hora: 02/06/2024 13:32:07

Provedor de dados: | 31
País: | United States
Título: | Performance of traditional cooperatives: the Portuguese Douro wine cooperatives
Autores: | Rebelo,   Joao; Caldas,   Jose Vaz; Matulich,   Scott C.
Data: | 2011-01-21
Ano: | 2010
Palavras-chave: | Agribusiness; Agricultural and Food Policy; Crop Production/Industries; Q13; D22; L25.
Resumo: | Globalization is challenging the very core of cooperative governance and ownership decision, especially in Southern European countries, like Portugal, where a large number of producers are organized in traditional and Mediterranean-style agricultural cooperatives. This paper analyses the effects of governance and control variables related with size over two alternative indicators of performance: revenues transferred to members/patrons and capital structure. The results suggest that these cooperatives have difficulties being sustainable in the more competitive global wine markets, if they follow, essentially, a practice of maximum patronage refund, reducing their capacity to improve leverage and to finance more profitable, but risky, long run investments.
Tipo: | Journal Article
Idioma: | Inglês
Identificador: | http://purl.umn.edu/99100
Relação: | Economia Agraria y Recursos Naturales&gt;Volume 10, Number 2, 2010
Formato: | 16