Files
Abstract
This study conveys the impact of corporate ownership on economic performance of agroholdings
– integrated agricultural, processing, marketing, financial and industrial business units in
Russia’s agro-food sector. Using a unique database of the All-Russian Nikonov-Institute of
Agrarian Problems and Informatics, we investigate 151 agroholdings in Russia and evaluate their
economic performances for 2006. Applying the multiple linear regression analysis we were able
to quantify corporate ownership and analyze a priori unobserved factors. The results of the
econometric estimation reveal that state ownership exerts negative influence on the economic
performance of agroholdings.