Management Practices and Financial Performance of Agricultural Cooperatives: A Partial Adjustment Model
Azzeddine M. Azzam and
Michael S. Turner
Journal of Agricultural Cooperation, 1991, vol. 06, 10
This paper uses the Nerlovian partial adjustment model to test the hypothesis that the rate of a cooperative's adjustment to a desired financial position is partially determined by its management practices. The results indicate that management practices that are board responsibilities are not contributing to the speed of adjustment in reaching the desired financial performance, which is the responsibility of the board of directors. But management, when independently pursuing management's responsibility or when working with that board on shared responsibility, does contribute to the speed of adjustment toward the desired financial goal.
Keywords: Agribusiness (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:joagco:46256
Access Statistics for this article
More articles in Journal of Agricultural Cooperation from National Council of Farmer Cooperatives Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().