The impact of producer organizations on farm performance: The case study of large farms from Slovakia☆

Michalek, Jerzy; Ciaian, Pavel; Pokrivčák, Ján

doi:10.1016/j.foodpol.2017.12.009

Cited by 87 publications

(73 citation statements)

References 37 publications

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“…Further research in this field seems to be of key importance, especially in the European context, taking into account recent announcements by the European Commission regarding the strengthening of the role of producer organizations in the food chain [84]. So far, the relevant literature is scarce, although recently these issues have begun to attract the attention of researchers, specifically in the context of Central and Eastern Europe (CEE) countries [85]. the burden to the intervenor" generic structure is to focus on enhancing the capabilities of people to solve their problems by themselves, by developing their own skills, resources, and infrastructure ( [50], pp.…”

Section: Discussionmentioning

confidence: 99%

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Size of Membership and Survival Patterns of Producers’ Organizations in Agriculture—Social Aspects Based on Evidence from Poland

Chlebicka

Pietrzak

2018

Sustainability

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Agricultural producer organizations are considered to be an efficient way for farmers to build up bargaining power, thereby increasing farmers' incomes. While making a contribution to the research on the longevity of cooperatives, we tried to identify some regularities concerning the survival of these entities in the specific context of transition economies. In this paper, we look more closely at potential relationships between the development of producers' organizations (POs) and the size of their membership. Then, we link the size of the membership with the concept of social capital. For our purposes, it is necessary to depart from using a general concept of social capital and to differentiate between bonding and bridging social capital. Our results, based on two unique datasets from Poland, clearly showed that relatively larger POs have higher rates of survival. This, in turn, is correlated with the stock and the type of social capital. The main contribution of the study is in identifying the relevance of the size of the membership of newly-established POs to their survival. The findings are followed by policy recommendations that may be useful in the context of promoting farmers' cooperation in recognizing the low stock of social capital, specifically bridging social capital.

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Section: Discussionmentioning

confidence: 99%

“…Nevertheless, survivorship studies are among the most popular empirical approaches for assessing the economics of scale ( [77,78], pp. [79][80][81][82][83][84][85].…”

Section: Research Design Data and Methodsmentioning

confidence: 99%

Size of Membership and Survival Patterns of Producers’ Organizations in Agriculture—Social Aspects Based on Evidence from Poland

Chlebicka

Pietrzak

2018

Sustainability

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“…Propensity score matching (PSM) and difference-in-differences (DID) model has been widely used in many areas, such as policy impact evaluation [62,63], investment performance research [64,65], and environmental governance [66]. PSM is a commonly used statistical method for finding a control group that is most similar in terms of observable characteristics to the treatment group in order to eliminate selection bias.…”

Section: Psm and Didmentioning

confidence: 99%

Green Bonds, Corporate Performance, and Corporate Social Responsibility

2019

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Green bonds are a financial tool that has been vigorously promoted in the global green finance field in recent years. Since 2013, the global issuance of green bonds has seen explosive growth. China's green bond market has made great progress, rising to the top tier of global rankings. In this paper, Chinese listed companies that issue green bonds are used as the research object to explore the impact of green bond issuance on companies, including the impact of the announcement of green bond issuance on companies’ stock prices, as well as the impact of green bond issuance on companies’ financial performance and corporate social responsibility (CSR). The empirical results indicate that announcements of green bonds issuance have a positive impact not only on companies’ stock prices, companies' profitability, and operational performance, but also on innovation capacity, and can improve companies' CSR. Overall, the issuance of green bonds has a positive impact on companies, can contribute to environmental improvement, promotes CSR and value creation, and helps to attract investors to some extent.

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“…Given the fact that we lack good instruments for the IV's approach (e.g., applications scores), and we would like to assess the programme as a whole (not just firms above and below the threshold), we follow the PSM approach, which was for this purpose also recommended by the European Commission's representatives [86]. In line with the previously published studies, e.g., references [24,30,31,39,87], we combine the PSM approach with a difference in differences approach (DID), which takes into account changes in outcomes compared to the period before the intervention. The intervention took place during 2007-2013 and, thus, we consider as pre-treatment period the years 2005-2006 and post-intervention period the years 2014-2015 (two-year periods).…”

Section: Empirical Approach and Tested Hypothesismentioning

confidence: 99%

The Impact of Public Grants on Firm-Level Productivity: Findings from the Czech Food Industry

Dvouletý

Blažková

2019

Sustainability

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Studying the effects of public entrepreneurship and small- and medium-sized enterprise (SME) policies on productivity (i.e., technological efficiency) is important, because the investment policies primarily aim to reduce allocation inefficiencies, enable usage of economies of scale, promote new production methods and technological development. We reviewed the recently published studies, and we show that they often lack fundamental information, such as a sample description and numbers of supported and non-supported firms. Keeping in mind the importance of transparent and rigorous empirical evaluations, we evaluated the effects of investment support from the European Regional and Development Fund (ERDF) on the productivity of the firms operating in the Czech food processing industry two years after the end of the programme. Methodologically, we apply the propensity score matching approach (PSM) combined with a difference in differences approach (DID) based on the firm-level data accounting for 157 firms (i.e., 77.3% of all beneficiaries within the industry) and a control sample of 1224 firms that have not been supported by the intervention. We use three measures of productivity—production efficiency, labour productivity and total factor productivity (TFP). The obtained findings showed that investment subsidy had a positive impact on labour productivity of supported firms. However, the effects on TFP were negative. The impact on production efficiency indicator was proven to be inconclusive. It follows from the results that the productivity of subsidised firms did not improve through an internal increase in efficiency (efficiency of the use of inputs), which indicates no significant technological change. The subsidy decision-making processes should be more careful and transparent to ensure allocating resources only to the projects with growth potential.

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The impact of producer organizations on farm performance: The case study of large farms from Slovakia☆

Cited by 87 publications

References 37 publications

Size of Membership and Survival Patterns of Producers’ Organizations in Agriculture—Social Aspects Based on Evidence from Poland

Size of Membership and Survival Patterns of Producers’ Organizations in Agriculture—Social Aspects Based on Evidence from Poland

Green Bonds, Corporate Performance, and Corporate Social Responsibility

The Impact of Public Grants on Firm-Level Productivity: Findings from the Czech Food Industry

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