Internationalization and Corporate Success - Empirical Evidence from the European Dairy Sector
Increasingly, cooperatives in the agribusiness are being confronted with the globalization of agri-food markets. Cooperatives adapt to this development by internationalizing their activities. This paper presents a method of measuring the degree of internationalization (DoI) and its application to European cooperatives in the dairy sector. Then, the financial performance of these cooperatives is measured by applying balance sheet analysis. The paper ends with a discussion of why German cooperatives are noticeably less internationalized and show weaker financial performance than their European competitors.
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- Staatz, John M., 1989. "Farmer Cooperative Theory: Recent Developments," Research Reports 52017, United States Department of Agriculture, Rural Development Business and Cooperative Programs.
- Daniel Sullivan, 1994. "Measuring the Degree of Internationalization of a Firm," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 25(2), pages 325-342, June.
- George J. Stigler, 1951. "The Division of Labor is Limited by the Extent of the Market," Journal of Political Economy, University of Chicago Press, vol. 59, pages 185.
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