This paper examines the impact of the legal form of agricultural firms on the benefit to their owners for a panel of Slovak agricultural firms. We use return on equity (ROE) as a measure of the benefit to owners. Using the repeated measures ANOV A technique, we find that the legal form of a firm is a relevant determinant of the benefit to owners. We conclude that from the point of view of ROE the legal form ‘company’ is preferable over ‘cooperative’.
Economic Diversification Potential: Insights from Mongolia’s Livestock Product Value Chains
Mongolia, endowed with abundant natural resources, faces a critical challenge in reducing its reliance on the mining sector and achieving...