Access To Capital And Firm-Level Investment Behavior In Food Industries: A Comparison Of Cooperatives And Publicly Traded Firms
AbstractThis 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.
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Bibliographic InfoPaper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2003 Annual meeting, July 27-30, Montreal, Canada with number 22205.
Date of creation: 2003
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