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Impact of Perceptions and Practices on the Financial Performance of Texas Cooperatives

Author

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  • Hagerman, Amy D.
  • Leatham, David J.
  • Park, John L.

Abstract

The changing business environment and evolving culture of cooperatives create a need to re-evaluate the drivers of cooperative performance. Literature suggests that these drivers could be operational, practices or perceptions. Our model of cooperative performance integrates these variables to determine if they have a causal influence on performance. The model is built from a survey of managers in Texas. The results indicate that company size and structure, perceptions of external environment, and best practices could potentially be driving performance as measured by return on equity; however, the sample size is too small to make any certain conclusions.

Suggested Citation

  • Hagerman, Amy D. & Leatham, David J. & Park, John L., 2005. "Impact of Perceptions and Practices on the Financial Performance of Texas Cooperatives," 2005 Agricultural and Rural Finance Markets in Transition, October 3-4, 2005, Minneapolis, Minnesota 132753, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
  • Handle: RePEc:ags:nc2005:132753
    DOI: 10.22004/ag.econ.132753
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    References listed on IDEAS

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    1. Abigail M. Hind, 1997. "The Changing Values of the Cooperative and Its Business Focus," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1077-1082.
    2. Hogeland, Julie A., 2004. "How Culture Drives Economic Behavior in Cooperatives," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 32(1), pages 1-18.
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    Keywords

    Agribusiness; Agricultural Finance;

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