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Profitability of Cooperatives and Investor-Owned Firms in the Greek Dairy Industry

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  • Oustapassidis, Kostas
  • Notta, Ourania

Abstract

Comparison between the factors affecting cooperative and investor-owned firms (IOFs) profitability has not been examined in a particular market by empirical studies. This paper examines the determinants of profitability of cooperative and IOFs in the Greek dairy industry in the period 1990- 94. The results show that IOFs, in contrast to the cooperatives, apply effectively competitive strategies (advertising and diversification) to increase their profitability.

Suggested Citation

  • Oustapassidis, Kostas & Notta, Ourania, 1997. "Profitability of Cooperatives and Investor-Owned Firms in the Greek Dairy Industry," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 25(01), pages 1-14.
    • Handle: RePEc:ags:jlorco:62059
    DOI: 10.22004/ag.econ.62059
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    References listed on IDEAS

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    1. Staatz, John M., 1989. "Farmer Cooperative Theory: Recent Developments," Research Reports 52017, United States Department of Agriculture, Rural Development.
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