In corporate finance, the impact of capital structure on firm performance has been widely studied. This article extends the capital structure study to the situation in agriculture, explicitly addressing the difference between family farms and corporate firms. We use the Malmquist productivity growth index as a proxy for performance to study the impact of capital structure (debt) on farm performance. We compare the results with those from the traditional performance model that uses profitability (e.g., return on equity (ROE)) as performance measure. Using data from Dutch arable farms, results show that debt has no effect on ROE, whereas it has a positive effect on productivity growt
Farming activities are often financed using debt, yet empirical studies investigating the relationsh...
We have examined the capital structure of the Swedish dairy farm industry and the driving forces beh...
Ensuring farm survival and competitiveness requires a better understanding of why some farms consist...
In corporate finance, the impact of capital structure on firm performance has been widely studied. T...
The capital structure theory has been applied extensively in corporate fi rms with mixed results. Th...
The capital structure theory has been applied extensively in corporate fi rms with mixed results. Th...
The capital structure theory has been applied extensively in corporate fi rms with mixed results. Th...
The corporate finance literature has focused on explaining the determinants of firms target capital ...
The corporate finance literature has focused on explaining the determinants of firms target capital ...
The corporate finance literature has focused on explaining the determinants of firms target capital ...
In corporate finance, the determinants of firm target capital structure have been widely studied. Ho...
This paper quantifies the determinants and speed of adjustment to the target capital structure for a...
Asymmetries between the emerging capital and credit market in the Republic of Macedonia in addition ...
This paper aims to describe and highlight the key issues of farm capital structures, the dynamics of...
Evidence in the literature supports that farmers’ ability to choose the best available production te...
Farming activities are often financed using debt, yet empirical studies investigating the relationsh...
We have examined the capital structure of the Swedish dairy farm industry and the driving forces beh...
Ensuring farm survival and competitiveness requires a better understanding of why some farms consist...
In corporate finance, the impact of capital structure on firm performance has been widely studied. T...
The capital structure theory has been applied extensively in corporate fi rms with mixed results. Th...
The capital structure theory has been applied extensively in corporate fi rms with mixed results. Th...
The capital structure theory has been applied extensively in corporate fi rms with mixed results. Th...
The corporate finance literature has focused on explaining the determinants of firms target capital ...
The corporate finance literature has focused on explaining the determinants of firms target capital ...
The corporate finance literature has focused on explaining the determinants of firms target capital ...
In corporate finance, the determinants of firm target capital structure have been widely studied. Ho...
This paper quantifies the determinants and speed of adjustment to the target capital structure for a...
Asymmetries between the emerging capital and credit market in the Republic of Macedonia in addition ...
This paper aims to describe and highlight the key issues of farm capital structures, the dynamics of...
Evidence in the literature supports that farmers’ ability to choose the best available production te...
Farming activities are often financed using debt, yet empirical studies investigating the relationsh...
We have examined the capital structure of the Swedish dairy farm industry and the driving forces beh...
Ensuring farm survival and competitiveness requires a better understanding of why some farms consist...