Showing 1 - 7 of 7
This paper reviews the prevalence of the use of risk ratings by commercial banks that participated in the Federal Reserve’s Survey of Terms of Bank Lending to Farmers between 1997 and 2002. Adoption of risk rating procedures held about steady over the period, with a little less than half the...
Persistent link: https://www.econbiz.de/10014667180
While significant progress in microcredit and microfinance has been made in low‐income countries, lending for small farming enterprises has been limited. This article reviews how innovative index‐based risk‐transfer products (IBRTPs) can be used to transfer the correlated natural disaster...
Persistent link: https://www.econbiz.de/10014667211
The moral hazard problem which obstructs external equity financing of farm businesses is studied using the principal‐agent framework. We assume that the supplier of external equity capital (the principal) cannot directly observe the farmer’s (agent’s) effort, but can observe the random...
Persistent link: https://www.econbiz.de/10014667275
Using return on assets as a proxy for profitability, this study evaluates the sustainability of profits in the food economy with respect to industry, corporate, and business‐specific effects for low‐ and high‐performing firms. The food economy is broken into its four major sectors: food...
Persistent link: https://www.econbiz.de/10014667188
(i.e., agribusiness) and compares them with results for the complete U.S. market. In addition, we evaluate earnings …
Persistent link: https://www.econbiz.de/10014667254
Research on agribusiness loan success and failure has been limited, and has typically adopted the nonagricultural … successful agribusiness loans. Previous work is augmented by accounting for nonfinancial characteristics, including lender and … agribusiness manager experience that resulted in an improved model prediction success rate of 97.5%. A unique result is the …
Persistent link: https://www.econbiz.de/10014667263
Purpose – The purpose of this paper is to offer a blueprint, or outline considerations for the continuing evolution of the Chinese food safety system. Design/methodology/approach – The paper begins with the review of the current food safety system in China and the demonstration of the...
Persistent link: https://www.econbiz.de/10014689813