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


  • Oustapassidis, Kostas
  • Notta, Ourania


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(1).
  • Handle: RePEc:ags:jlorco:62059

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    1. Carlo Borzaga, 2013. "Social enterprise," Chapters,in: Handbook on the Economics of Reciprocity and Social Enterprise, chapter 32, pages 318-326 Edward Elgar Publishing.
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