The impact of financial factors and advisory services on the viability of cotton, rice and maize crops in Greece

Alexandra Pavloudi, Maria Tsiouni, Georgios Kountios and Dario Siggia

International Journal of Managerial and Financial Accounting, 2025, vol. 17, issue 1, 1-12

Abstract: In Greece, maize, cotton, and rice industries play a vital role in the economy. Besides being important for human sustenance, it is also important for agricultural development. However, their production's economic viability and sustainability have been scrutinised. As a result of high production costs, the sector has been less competitive than other countries with more developed farming sectors. The purpose of this article is to discuss the economics of sustainable and viable farming. In order to determine the overall production cost, all economic factors are considered, principal component analysis was applied to the data. Results showed that by adopting sustainable practices, such as advisory services, the cotton, rice, and maize sectors in Greece can increase their competitiveness and viability.

Keywords: financial factors; viability; cotton; rice; maize; advisory services. (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ids:injmfa:v:17:y:2025:i:1:p:1-12

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