Farmer trust in producer- and investor-owned firms: Evidence from Missouri corn and soybean producers
Abstract
The authors examine whether cooperatives are characterized by greater trust than investor-owned firms. They surveyed 2,000 Missouri corn and soybean farmers and found that trust and farmer perceptions of honesty and competence are higher in cooperatives than in investor-owned firms and that trust is a significant factor explaining the choice of farmers to market to cooperatives rather than investor-owned firms. Interestingly, they found that trust is more significant in producers' decisions for marketing soybeans than for corn. [JEL classifications: Q130, Z130]. © 2006 Wiley Periodicals, Inc. Agribusiness 22: 135-153, 2006.Download Info
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Article provided by John Wiley & Sons, Ltd. in its journal Agribusiness.
Volume (Year): 22 (2006)
Issue (Month): 1 ()
Pages: 135-153
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Web page: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1520-6297
Related research
Keywords:Find related papers by JEL classification:
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
- Z13 - Other Special Topics - - Cultural Economics - - - Economic Sociology; Economic Anthropology; Social and Economic Stratification
References
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- Harvey S. James & Michael E. Sykuta, 2005. "Property Right and Organizational Characteristics of Producer-owned Firms and Organizational Trust," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 76(4), pages 545-580, December.
- Preet S Aulakh & Masaaki Kotabe & Arvind Sahay, 1996. "Trust and Performance in Cross-Border Marketing Partnerships: A Behavioral Approach," Journal of International Business Studies, Palgrave Macmillan, vol. 27(5), pages 1005-1032, December.
- Shapira, Reuven, 1999. "Loss of Communal Sustainability: The Kibbutz Shift from High-Trust to Low-Trust Culture," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 27(1).
- Preet S Aulakh & Masaaki Kotabe & Arvind Sahay, 1996. "Trust and Performance in Cross-Border Marketing Partnerships: A Behavioral Approach," Journal of International Business Studies, Palgrave Macmillan, vol. 27(4), pages 1005-1032, December.
- Michael E. Sykuta & Michael L. Cook, 2001. "A New Institutional Economics Approach to Contracts and Cooperatives," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(5), pages 1273-1279.
- Harvey James, 2002. "On the Reliability of Trusting," Microeconomics 0202002, EconWPA.
- Murray Fulton & Konstantinos Giannakas, 2001. "Organizational Commitment in a Mixed Oligopoly: Agricultural Cooperatives and Investor-Owned Firms," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(5), pages 1258-1265.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- Schulze, Birgit & Spiller, Achim, 2006. "Determinants of Trust between Buyers and Suppliers in Agribusiness: Empirical Evidence from the German Pork Sector," 99th Seminar, February 8-10, 2006, Bonn, Germany 7719, European Association of Agricultural Economists.
- Paulson, Nicholas D. & Katchova, Ani L. & Lence, Sergio H., 2008. "Empirical Analysis of the Determinants of Marketing Contract Structures," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6080, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Granoszewski, Karol & Spiller, Achim, 2013. "Langfristige Rohstoffsicherung in der Supply Chain Biogas: Status Quo und Potenziale vertraglicher Zusammenarbeit," DARE Discussion Papers 1303, Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE).
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