000200236 001__ 200236
000200236 005__ 20210803102030.0
000200236 0247_ $$aDOI: 10.5836/ijam/2014-02-02$$2Other
000200236 0247_ $$2doi$$a10.22004/ag.econ.200236
000200236 037__ $$a1029-2016-82293
000200236 037__ $$a1029-2016-82356
000200236 041__ $$aeng
000200236 245__ $$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__ $$aIn the recent past, risk and risk management in agriculture has risen on the agenda of farm managers.  Amongst other things, the increased interest is inter alia attributed to the Capital Requirements Directives in the ‘Basel II’ agreement.  In this article, we apply indicators of risk-adjusted returns, well known in the valuation of equity funds, to the context of pig production.  Using a large data set of pig farm performance data, we demonstrate that different indicators of risk-adjusted returns do not necessarily lead to different results in the valuation of farms.  We recommend using the Treynor Ratio in practical application.  Our empirical analysis did not reveal a significant relationship between returns and risk.
000200236 650__ $$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__ $$aKrieter, Joachim
000200236 773__ $$q70$$o78$$tInternational Journal of Agricultural Management$$j03$$k2$$dJanuary 2014
000200236 8564_ $$9ae4fc3c0-039d-4837-a3a5-77131129cedf$$s493156$$uhttps://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
No. of bitstreams: 1
70_Morfeld.pdf: 493156 bytes, checksum: 2eb01f7a7a25b81f6a20adaad2caf0c5 (MD5)
000200236 912__ $$nMade available in DSpace on 2015-03-24T11:57:30Z (GMT). No. of bitstreams: 1
70_Morfeld.pdf: 493156 bytes, checksum: 2eb01f7a7a25b81f6a20adaad2caf0c5 (MD5)
  Previous issue date: 2014-01
000200236 913__ $$aLicense granted by Martyn Warren (editor.ijam@gmail.com) on 2015-03-24T11:53:05Z (GMT):

<center>  <h2> Deposit Agreement </h2> </center>
I represent that I am the creator of the digital material identified herein (“Work”).
I represent that the work is original and that I either own all rights of copyright 
or have the right to deposit the copy in a digital archive such as AgEcon Search. 
I represent that in regard to any non-original material included in the Work I have
secured written permission of the copyright owner (s) for this use or believe this 
use is allowed by law. I further represent that I have included all appropriate 
credits and attributions. I hereby grant the Regents of the University of Minnesota
(“University”), through AgEcon Search, a non-exclusive right to access, reproduce, 
and distribute the Work, in whole or in part, for the purposes of security, preservation,
and perpetual access. I grant the University a limited, non-exclusive right to make
derivative works for the purpose of migrating the Work to other media or formats in
order to preserve access to the Work. I do not transfer or intend to transfer any 
right of copyright or other intellectual property to the University. If the Deposit 
Agreement is executed by the Author�s Representative, the Representative shall separately
execute the following representation: I represent that I am authorized by the Author
to execute this Deposit Agreement on behalf of the Author.

000200236 980__ $$a1029
000200236 982__ $$gInternational Journal of Agricultural Management>Volume 03, Number 2, January 2014