Risk and Contract Relationships

The current structure of the German agri-food-sector is deduced from an increasing (international) competition and its division into small and medium business units particularly on the producers’ side. The roots of this development lie in a more a hundred year’s history of a productive branch that was intensively shaped by co-operatives. Nowadays this cooperative structure competes with networks and capital market-oriented firms that raise the question of the today’s role of cooperatives (see Kühl/ Hanf, 2004) In the following sections different approaches evaluating possible strategic paths of the actors within the production chain in the agri-food-sector will be presented. As a consequence risk issues agricultural economists have to address will be differentiated. Just (2003, p. 135) claims that “for the most part, longer-term risk issues have been examined only in the agricultural finance literature”. We support his statement when we estimate general valuation models – especially to judge the sustainability of cooperatives – as too much referring to the past and try to integrate more future oriented methods as in the case of due diligence.


Issue Date:
2009-10
Publication Type:
Conference Paper/ Presentation
DOI and Other Identifiers:
10.22004/ag.econ.59182
ISBN 978-3-941766-00-6 (Other)
Record Identifier:
https://ageconsearch.umn.edu/record/59182
PURL Identifier:
http://purl.umn.edu/59182
Page range:
279-287
Total Pages:
9




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

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