Grundlagen der Organisation

Frese, Erich; Graumann, Matthias; Theuvsen, Ludwig

doi:10.1007/978-3-8349-7103-6

Cited by 46 publications

(1 citation statement)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…This is an objective measure of how much financial loss a farm can bear without going bankrupt (Lucius 2009;Zeilbeck 2007). Thus, it is a measure that assesses a farm's robustness against negative financial outcomes resulting from the occurrence of risks, for instance, longer periods of lower prices, increasing costs of leasing land, higher prices of other input factors, or reduced productivity due to the spread of pathogens or the outbreak of animal diseases (Theuvsen 2012). Due to structural changes in European agriculture, fixed payments related to the increasing employment of non-family labour, growing shares of lease land and higher debt to equity ratios have become more relevant and threaten farms during times of crises.…”

Section: Determinants Of Agricultural Risk Managementmentioning

confidence: 99%

Risks and Risk Management in Agriculture

Theuvsen

2013

PRS

View full text Add to dashboard Cite

Agriculture has always been exposed to a wide spectrum of risks. But it is largely undisputed that farmers have faced growing risks in recent years. More volatile agricultural and input prices, climate change, ongoing discussions about the future of the Common Agricultural Policy, increasing difficulty in finding qualified farm workers, and growing criticism of modern intensive agriculture from the wider public and the mass media are just a few of the risks farmers have to cope with. Therefore, risk management has become highly relevant in agriculture. In this paper, we highlight the need for systematic risk management and outline a systematic agricultural risk management approach. Empirical results illustrate farmers’ risk perceptions and their preferred risk management strategies.

show abstract

Section: Determinants Of Agricultural Risk Managementmentioning

confidence: 99%