La información contable en el análisis y predicción de viabilidad de las explotaciones agrícolas

Spanish and Western agriculture show a continuous decrease in the numberof farms. One of the main factors for this trend is the economicnon-viability of many of the existing farms. In addition, interrelationshipof agriculture with other industries is growing. Thus, policymakers, banks,creditors and other stakeholders are interested in predicting farm viability.The aim of this paper is to provide empirical evidence that the use ofaccounting-based information could significantly improve understandingand prediction of various degrees of farm viability. Two multinomial logitmodels were applied to a sample of farms of Catalonia, Spain. One modelincluded non-accounting-based variables, while the other also consideredaccounting-based variables. It was found that accounting added significantinformation to predict various degrees of farm viability. This findingreveals, both the need of encouraging the little existing use of accountingby farms and to develop appropriate accounting standards for agriculture