Structural change in agribusiness: The case of Potgietersrusse Tabak Kooperasie (PTK)

In response to the structural changes in the South African agricultural sector, Potgieterusse Tabakkooperasie (PTK) extended its operations to include marketing activities. This article introduces the theme of structural change/industrialisation in the South African agricultural sector and explores the complexity of structural options and decision-making variables that managers have to face when considering vertical expansion. A case study approach is followed at the hand of new institutional economics to explain strategic choices by PTK management. The results from organisational theory and transaction cost theory, as applied to the same problem, yields complimentary and robust results.


Subject(s):
Issue Date:
2000-12
Publication Type:
Journal Article
Record Identifier:
http://ageconsearch.umn.edu/record/54218
PURL Identifier:
http://purl.umn.edu/54218
Published in:
Agrekon, Volume 39, Issue 4
Page range:
574-585
Total Pages:
12




 Record created 2017-04-01, last modified 2018-01-22

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