Agency Theory Issues in the Food Processing Industry

Michael Boland, Bill B. Golden and Leah J. Tsoodle

Journal of Agricultural and Applied Economics, 2008, vol. 40, issue 2, 12

Abstract: The objective is to identify significant determinants of performance for food processing firms over the 1992 to 2003 time period, focusing particularly on the issue of family control. Variables measuring firm effects such as asset size, governance, income distribution, and risk are used to explain return on equity. This study builds upon previous research by including a measure of income distribution in the food processing industry. Governance variables are found to be significant determinants of return on equity. The results found no evidence of agency problems in family-controlled firms during this time period.

Keywords: Agribusiness; Food Consumption/Nutrition/Food Safety; Production Economics (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

Downloads: (external link)
https://ageconsearch.umn.edu/record/47203/files/jaae-40-02-623.pdf (application/pdf)

Related works:
Journal Article: Agency Theory Issues in the Food Processing Industry (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:47203

DOI: 10.22004/ag.econ.47203

Access Statistics for this article

More articles in Journal of Agricultural and Applied Economics from Southern Agricultural Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().