External equity financing in agriculture via profit and loss sharing contracts: A proposed financial innovation

Laurence M. Crane and David Leatham
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Laurence M. Crane: Department of Agricultural Economics, North Dakota State University, Postal: Department of Agricultural Economics, North Dakota State University

Agribusiness, 1995, vol. 11, issue 3, 223-233

Abstract: An institutional arrangement and contracting procedure by which external suppliers could potentially satisfy the demand for farm equity in a profit and loss sharing arrangement is outlined. An accounting schedule for calculating the equity division of owner and external equity is developed and presented. © 1995 by John Wiley & Sons, Inc.

Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:11:y:1995:i:3:p:223-233

DOI: 10.1002/1520-6297(199505/06)11:3<223::AID-AGR2720110304>3.0.CO;2-X

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