Profitability adjustment patterns in international food and consumer products industries

Yvonne J. Acheampong, James Epperson, Timothy Park and Lewell F. Gunter
Additional contact information
Yvonne J. Acheampong: American Express Company, 5418 West Michigan Avenue, Glendale, Arizona 85308. E-mail: amaako@hotmail.com, Postal: American Express Company, 5418 West Michigan Avenue, Glendale, Arizona 85308. E-mail: amaako@hotmail.com
Lewell F. Gunter: Department of Agricultural and Applied Economics, 314 Conner Hall, University of Georgia, Athens, Georgia 30602-7509. E-mail: lgunter@agecon.uga.edu, Postal: Department of Agricultural and Applied Economics, 314 Conner Hall, University of Georgia, Athens, Georgia 30602-7509. E-mail: lgunter@agecon.uga.edu

Agribusiness, 2004, vol. 20, issue 1, 31-43

Abstract: The study encompasses an analysis of the variation in speeds of profitability adjustment and accounting bias by developed country and firm size for two important agribusiness industries. Evidence of speeds of profitability adjustment and accounting bias varying by firm size was found in the beverage and tobacco industry and by country in the food and consumer products industry. This suggests that the competitive pressures of integrated international markets are less of a factor in the food and consumer products industry [EconLit citations: L100, L150, L660]. © 2004 Wiley Periodicals, Inc. Agribusiness 20: 31-43, 2004.

Date: 2004
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Working Paper: PROFITABILITY ADJUSTMENT PATTERNS IN INTERNATIONAL FOOD AND CONSUMER PRODUCTS INDUSTRIES (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:wly:agribz:v:20:y:2004:i:1:p:31-43

DOI: 10.1002/agr.10079

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