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Hudson, Michael A.; Hughes, Matthew W.; Lins, David A.. |
The financial performance of meat and poultry manufacturing and wholesaling firms is examined for the period from 1970 to 1986. Measures of liquidity, solvency, profitability, cash generation, and efficiency reported in the Robert Morris Associates Annual Statement Studies are used to examine relative performance across the different industries. The results suggest a similar performance in the wholesaling and manufacturing industries across the period in terms of liquidity. Profitability levels are similar for meat and poultry firms, although the poultry firms show a higher level of variability across the period. It appears that poultry firms leveraged themselves relatively more than did meat firms during the period. In terms of cash generation and... |
Tipo: Journal Article |
Palavras-chave: Agricultural Finance. |
Ano: 1988 |
URL: http://purl.umn.edu/26955 |
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Lins, David A.; Gabriel, Stephen C.; Sonka, Steven T.. |
The absolute and relative risk aversion characteristics of a large sample of farm operators were estimated from the observed portfolio responses to changes in wealth. Regression estimates suggest that farm operators display decreasing absolute risk aversion. Relative risk aversion varies by type of farm. However, the definition of risky assets has an important bearing on relative risk aversion characteristics. Non-wealth variables are also important in explaining the holding of risky assets by farm operators. |
Tipo: Journal Article |
Palavras-chave: Farm Management; Risk and Uncertainty. |
Ano: 1981 |
URL: http://purl.umn.edu/32078 |
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