Russell, Levi A.; Briggeman, Brian C.; Featherstone, … - In: Agricultural Finance Review 77 (2017) 2, pp. 312-323
Purpose The purpose of this paper is to examine the extent to which agency costs of leverage are present in farm supply and marketing cooperatives. Design/methodology/approach The authors calculate total factor productivity growth of a sample of agricultural cooperatives from 2005 to 2010 and...