Profitability of Cooperatives and Investor-Owned Firms in the Greek Dairy Industry

Kostas Oustapassidis and Ourania Notta

Journal of Rural Cooperation, 1997, vol. 25, issue 01, 14

Abstract: Comparison between the factors affecting cooperative and investor-owned firms (IOFs) profitability has not been examined in a particular market by empirical studies. This paper examines the determinants of profitability of cooperative and IOFs in the Greek dairy industry in the period 1990- 94. The results show that IOFs, in contrast to the cooperatives, apply effectively competitive strategies (advertising and diversification) to increase their profitability.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlorco:62059

DOI: 10.22004/ag.econ.62059

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