Do cooperatives cope better? A survival analyses of French agricultural cooperatives

Justine Valette (), Paul Amadieu () and Patrick Sentis ()
Additional contact information
Justine Valette: MRM - Montpellier Research in Management - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - UM2 - Université Montpellier 2 - Sciences et Techniques - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School, Labex Entreprendre - UM - Université de Montpellier
Paul Amadieu: UM - Université de Montpellier, MRM - Montpellier Research in Management - UM1 - Université Montpellier 1 - UPVM - Université Paul-Valéry - Montpellier 3 - UM2 - Université Montpellier 2 - Sciences et Techniques - UPVD - Université de Perpignan Via Domitia - Groupe Sup de Co Montpellier (GSCM) - Montpellier Business School, Labex Entreprendre - UM - Université de Montpellier
Patrick Sentis: UM - Université de Montpellier

Post-Print from HAL

Abstract: This paper studies the survival of French agricultural cooperatives. Although usually studied from a neoclassical perspective, they are considered inefficient despite several reports emphasising their resilience. Are cooperatives more resistant than traditional businesses? To answer this question, we use a discrete-time survival model. Our results reveal that ownership structure influences survival: cooperatives tend to merge more than traditional companies, but they are less likely to exit by liquidation. Traditional financial ratios cannot be used to fully explain the capacity of cooperatives for resistance.

Keywords: agricultural; cooperatives; –; survival; analysis; –; exit; paths; –; financial; ratios (search for similar items in EconPapers)
Date: 2017-05-31
References: Add references at CitEc
Citations:

Published in 34th International conference of the French Finance Association, Association Française de Finance (AFFI), May 2017, Valence, France

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
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:hal:journl:hal-04703339

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().