Transfert : les déterminants de la performance des exploitations agricoles familiales

Lepage, Fanny; Couderc, J.P.; Perrier, Jean‐Philippe; Parent, Diane

doi:10.4000/economierurale.3058

Cited by 4 publications

(2 citation statements)

References 5 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…À terme, la capacité de remboursement de l'entreprise pourrait ne pas permettre le plein autofinancement du renouvellement RECHERCHE des immobilisations amortissables ainsi qu'une partie des nouveaux investissements et de ce fait mettre en péril la situation financière de l'exploitation. En l'absence d'une marge de sécurité financière adéquate, l'entreprise agricole ne peut alors faire face aux imprévus et aux fluctuations du marché, compromettant dès lors les chances de survie des exploitations après leur transmission (Lepage et al, 2011).…”

Section: Transfert Et Don Des Exploitations Agricoles Au Québecunclassified

Prix de vente des fermes au Québec. Divergence de vue entre les besoins des cédants et des repreneurs

Ouellet¹,

Perrier²

2018

economierurale

Self Cite

View full text Add to dashboard Cite

show abstract

Section: Transfert Et Don Des Exploitations Agricoles Au Québecunclassified

Prix de vente des fermes au Québec. Divergence de vue entre les besoins des cédants et des repreneurs

Ouellet¹,

Perrier²

2018

economierurale

Self Cite

View full text Add to dashboard Cite

show abstract

“…This is true for the European Union (EU) (European Commission, 2012) and for France (Giroux, 2011). Hence, successful farm transfers, that is, transfers to farmers with a strong survival rate, are crucial to the renewal of agriculture (Lepage et al, 2011). However, transfer decisions and procedures are often difficult and stressful.…”

Section: Introductionmentioning

confidence: 99%

Farm valuation: A comparison of methods for French farms

et al. 2022

View full text Add to dashboard Cite

Farm transfer is increasingly seen as fundamental to the development of agriculture. One of the major challenges is to assess farm value in the context of an opaque market for farms. We contribute to the scarce literature on farm valuation by empirically applying three valuation methods to the Farm Accountancy Data Network database for France in 2017 and 2018 and for five types of farming. The three methods-the fundamental method, the patrimonial method, and the financial method-are well known for the valuation of companies, but have yet to be implemented widely for farms in the empirical literature. The results show that wine-growing farms have the highest values on average. Pig and beef farms have high average patrimonial values, reflecting their high capital intensity, but beef farms have the lowest average values calculated with methods based on cash flows, revealing unfavorable market conditions for these farms. The results further reveal that total farm output drives the value upward, but that high farm labor, indebtedness, and age contribute to reducing value. Our findings also highlight that, in practice, the differences in values across methods may be substantial.

show abstract