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Gray, B.C.; Lyne, Michael C.; Ferrer, Stuart R.D.. |
This paper extends a previous study in South Africa aimed at developing methodology for assessing the performance of equity-share schemes. The previous study proposed four broad criteria to measure performance: poverty alleviation; empowerment and participation; institutional arrangements and governance; and financial performance. This paper does not aim to assess the performance of existing equity-share schemes but to develop a methodology for the first three criteria based on empirical analysis of data gathered in 2004 from a land reform project in the Midlands of KwaZulu-Natal and seven established equity-share schemes in the Western Cape. Poverty alleviation is measured using a transition matrix of households grouped by four different symptoms of... |
Tipo: Journal Article |
Palavras-chave: Food Security and Poverty. |
Ano: 2005 |
URL: http://purl.umn.edu/31701 |
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Gray, B.C.; Lyne, Michael C.; Ferrer, Stuart R.D.. |
This study aims to develop a robust methodology for measuring financial performance of equity-share schemes. Several studies have investigated various aspects of performance of these schemes but no single study has yet measured their performance using an objective set of criteria. Four categories of such objective criteria are proposed: poverty alleviation; empowerment and participation; institutional arrangements and governance; and financial performance. This paper focuses only on the financial performance criteria. Recognised indicators of financial performance are applied to balance sheet and income statement data provided by four equity-share schemes in the Western Cape province. This analysis highlights problems with several of the conventional... |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 2004 |
URL: http://purl.umn.edu/9493 |
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