Agency Theory Issues in the Food Processing Industry
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 r...
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Veröffentlicht in: | Journal of agricultural and applied economics 2008-08, Vol.40 (2), p.623-634 |
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creator | Boland, Michael A. Golden, Bill B. Tsoodle, Leah J. |
description | 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. |
doi_str_mv | 10.1017/S1074070800023890 |
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The results found no evidence of agency problems in family-controlled firms during this time period.</description><identifier>ISSN: 1074-0708</identifier><identifier>EISSN: 2056-7405</identifier><identifier>EISSN: 1074-0708</identifier><identifier>DOI: 10.1017/S1074070800023890</identifier><language>eng</language><publisher>New York, USA: Cambridge University Press</publisher><subject>Agency theory ; agribusiness ; Beverage industry ; Corporate profits ; Costs ; D23 ; Debt financing ; Debt management ; Decision making ; Economics ; Efficiency ; Equity ; Food processing industry ; G34 ; Income distribution ; institutional economics ; organizational economics ; Organizational structure ; Profitability ; Q13 ; Q14 ; Return on equity ; Shareholder voting ; Stockholders</subject><ispartof>Journal of agricultural and applied economics, 2008-08, Vol.40 (2), p.623-634</ispartof><rights>Copyright © Southern Agricultural Economics Association 2008</rights><rights>Copyright Southern Agricultural Economics Association Aug 2008</rights><lds50>peer_reviewed</lds50><oa>free_for_read</oa><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c2730-c090cb0c502c70240287a529ccffbaaefd2efe42f0a2f7601ef45a8f0f8e64a43</citedby><cites>FETCH-LOGICAL-c2730-c090cb0c502c70240287a529ccffbaaefd2efe42f0a2f7601ef45a8f0f8e64a43</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,780,784,27924,27925</link.rule.ids></links><search><creatorcontrib>Boland, Michael A.</creatorcontrib><creatorcontrib>Golden, Bill B.</creatorcontrib><creatorcontrib>Tsoodle, Leah J.</creatorcontrib><title>Agency Theory Issues in the Food Processing Industry</title><title>Journal of agricultural and applied economics</title><addtitle>J. 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The results found no evidence of agency problems in family-controlled firms during this time period.</description><subject>Agency theory</subject><subject>agribusiness</subject><subject>Beverage industry</subject><subject>Corporate profits</subject><subject>Costs</subject><subject>D23</subject><subject>Debt financing</subject><subject>Debt management</subject><subject>Decision making</subject><subject>Economics</subject><subject>Efficiency</subject><subject>Equity</subject><subject>Food processing industry</subject><subject>G34</subject><subject>Income distribution</subject><subject>institutional economics</subject><subject>organizational economics</subject><subject>Organizational structure</subject><subject>Profitability</subject><subject>Q13</subject><subject>Q14</subject><subject>Return on equity</subject><subject>Shareholder voting</subject><subject>Stockholders</subject><issn>1074-0708</issn><issn>2056-7405</issn><issn>1074-0708</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2008</creationdate><recordtype>article</recordtype><sourceid>ABUWG</sourceid><sourceid>AFKRA</sourceid><sourceid>AZQEC</sourceid><sourceid>BENPR</sourceid><sourceid>CCPQU</sourceid><sourceid>DWQXO</sourceid><sourceid>GNUQQ</sourceid><recordid>eNp1UEFOwzAQtBBIlMIDuEXcA-u1EyfHUtFSUYkiinq0XMduU2hS7EQiv8dVKzggTivtzOzMDiHXFG4pUHH3SkFwEJABALIshxPSQ0jSOGyTU9Lbw_EePycX3m8AOGKS9QgfrEylu2i-NrXroon3rfFRWUXN2kSjui6imau18b6sVtGkKlrfuO6SnFn14c3VcfbJ2-hhPnyMp8_jyXAwjTUKBrGGHPQSdAKoBSAHzIRKMNfa2qVSxhZorOFoQaEVKVBjeaIyCzYzKVec9cnN4e7O1Z8hVyM3deuqYCkRRR4-YBhI9EDSrvbeGSt3rtwq10kKct-N_NNN0MQHTekb8_UjUO5dpoKJRKbjF8nuFyNYPM3kLPDZ0UNtl64sVuY3yf8u3wc0c70</recordid><startdate>200808</startdate><enddate>200808</enddate><creator>Boland, Michael A.</creator><creator>Golden, Bill B.</creator><creator>Tsoodle, Leah J.</creator><general>Cambridge University Press</general><scope>BSCLL</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>3V.</scope><scope>4T-</scope><scope>4U-</scope><scope>7ST</scope><scope>7WY</scope><scope>7WZ</scope><scope>7X2</scope><scope>7XB</scope><scope>87Z</scope><scope>8FE</scope><scope>8FG</scope><scope>8FH</scope><scope>8FK</scope><scope>8FL</scope><scope>ABJCF</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ATCPS</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BGLVJ</scope><scope>BHPHI</scope><scope>C1K</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>F~G</scope><scope>GNUQQ</scope><scope>HCIFZ</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>L6V</scope><scope>M0C</scope><scope>M0K</scope><scope>M7S</scope><scope>PATMY</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PTHSS</scope><scope>PYCSY</scope><scope>Q9U</scope><scope>S0X</scope><scope>SOI</scope></search><sort><creationdate>200808</creationdate><title>Agency Theory Issues in the Food Processing Industry</title><author>Boland, Michael A. ; 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The results found no evidence of agency problems in family-controlled firms during this time period.</abstract><cop>New York, USA</cop><pub>Cambridge University Press</pub><doi>10.1017/S1074070800023890</doi><tpages>12</tpages><oa>free_for_read</oa></addata></record> |
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subjects | Agency theory agribusiness Beverage industry Corporate profits Costs D23 Debt financing Debt management Decision making Economics Efficiency Equity Food processing industry G34 Income distribution institutional economics organizational economics Organizational structure Profitability Q13 Q14 Return on equity Shareholder voting Stockholders |
title | Agency Theory Issues in the Food Processing Industry |
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