ACCESS TO CAPITAL AND FIRM-LEVEL INVESTMENT BEHAVIOR IN FOOD INDUSTRIES: A COMPARISON OF COOPERATIVES AND PUBLICLY TRADED FIRMS

This paper compares investment behavior of agricultural cooperatives and publicly traded firms in the food industry. The importance of financial constraints is examined by exploring whether ownership structure affects investment sensitivity to cash flow using a panel data approach based on the Q-theory of investment.


Subject(s):
Issue Date:
2003
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/22205
PURL Identifier:
http://purl.umn.edu/22205
Total Pages:
26
Series Statement:
Selected Paper




 Record created 2017-04-01, last modified 2020-10-28

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