Impact of Corporate Ownership on Economic Performance of Agroholdings in Russia
AbstractThis study conveys the impact of corporate ownership on economic performance of agroholdings – integrated agricultural, processing, marketing, financial and industrial business units in Russia’s agro-food sector. Using a unique database of the All-Russian Nikonov-Institute of Agrarian Problems and Informatics, we investigate 151 agroholdings in Russia and evaluate their economic performances for 2006. Applying the multiple linear regression analysis we were able to quantify corporate ownership and analyze a priori unobserved factors. The results of the econometric estimation reveal that state ownership exerts negative influence on the economic performance of agroholdings.
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Bibliographic InfoPaper provided by German Association of Agricultural Economists (GEWISOLA) in its series 51st Annual Conference, Halle, Germany, September 28-30, 2011 with number 115535.
Date of creation: 2011
Date of revision:
Agroholding; Corporate Ownership; Performance; Russia; Agribusiness;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-15 (All new papers)
- NEP-CWA-2011-10-15 (Central & Western Asia)
- NEP-EFF-2011-10-15 (Efficiency & Productivity)
- NEP-TRA-2011-10-15 (Transition Economics)
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