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000200236 005__ 20180123000206.0
000200236 0247_ $$2Other$$aDOI: 10.5836/ijam/2014-02-02
000200236 037__ $$a1029-2016-82293
000200236 037__ $$a1029-2016-82356
000200236 041__ $$aen
000200236 245__ $$aApplication and comparison of risk adjusted performance-indicators in the context of pig production
000200236 260__ $$c2014-01
000200236 269__ $$a2014-01
000200236 270__ $$mulf.morfeld@grauthoff.com$$pMorfeld, Ulf
000200236 300__ $$a9
000200236 336__ $$aJournal Article
000200236 520__ $$aIn the recent past, risk and risk management in agriculture has risen on the agenda of farm managers. Amongst other things, the increased interest is inter alia attributed to the Capital Requirements Directives in the ‘Basel II’ agreement. In this article, we apply indicators of risk-adjusted returns, well known in the valuation of equity funds, to the context of pig production. Using a large data set of pig farm performance data, we demonstrate that different indicators of risk-adjusted returns do not necessarily lead to different results in the valuation of farms. We recommend using the Treynor Ratio in practical application. Our empirical analysis did not reveal a significant relationship between returns and risk.
000200236 542__ $$fLicense granted by Martyn Warren (editor.ijam@gmail.com) on 2015-03-24T11:53:05Z (GMT):
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000200236 650__ $$aFarm Management
000200236 650__ $$aRisk and Uncertainty
000200236 6531_ $$aperformance measurement
000200236 6531_ $$arisk measurement
000200236 6531_ $$arisk-adjusted returns.
000200236 700__ $$aMorfeld, Ulf
000200236 700__ $$aLatacz-Lohmann, Uwe
000200236 700__ $$aKrieter, Joachim
000200236 773__ $$dJanuary 2014$$jVolume 03$$kNumber 2$$o78$$q70$$tInternational Journal of Agricultural Management
000200236 8564_ $$s493156$$uhttp://ageconsearch.umn.edu/record/200236/files/70_Morfeld.pdf
000200236 887__ $$ahttp://purl.umn.edu/200236
000200236 909CO $$ooai:ageconsearch.umn.edu:200236$$pGLOBAL_SET
000200236 912__ $$nSubmitted by Martyn Warren (editor.ijam@gmail.com) on 2015-03-24T11:57:30Z
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000200236 912__ $$nMade available in DSpace on 2015-03-24T11:57:30Z (GMT). No. of bitstreams: 1
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Previous issue date: 2014-01
000200236 982__ $$gInternational Journal of Agricultural Management>Volume 03, Number 2, January 2014
000200236 980__ $$a1029
