Members’ perceptions of governance in agricultural cooperatives: Evidence from Spain

Lucas Martínez, Gabriel; Martín-Ugedo, Juan Francisco; Mínguez Vera, Antonio

Publication:
Members’ perceptions of governance in agricultural cooperatives: Evidence from Spain

dc.contributor.author	Lucas Martínez, Gabriel
dc.contributor.author	Martín-Ugedo, Juan Francisco
dc.contributor.author	Mínguez Vera, Antonio
dc.contributor.department	Organización de Empresas y Finanzas
dc.contributor.other	Facultades, Departamentos, Servicios y Escuelas::Departamentos de la UMU::Organización de Empresas y Finanzas	es
dc.date.accessioned	2023-12-18T08:44:53Z
dc.date.available	2023-12-18T08:44:53Z
dc.date.issued	2020
dc.description	©2020. This manuscript version is made available under the CC-BY-NC-ND 4.0 license http://creativecommons.org/licenses/by-nc-nd/4.0/ This document is the Accepted version of a Published Work that appeared in final form in Outlook on Agriculture. To access the final edited and published work see https://doi. 10.1177/0030727020907334	es
dc.description.abstract	This article examines some aspects related to perceptions of agricultural cooperative members. Most arguments employed are based on agency and property rights theories. The sample consists of 196 satisfaction surveys completed by agricultural cooperative members and accounting information from Spanish cooperatives. The results show that when members do not perceive any serious agency problems, the performance of the firm is higher. We also find that members are not discouraged from investing by awareness of the free-rider problem, and the less risk averse members are, the higher is the long-term debt ratio. Finally, members’ perceptions of the time horizon problem have no impact on the time frame for investment	es
dc.format	application/pdf	es
dc.format.extent	8	es
dc.identifier.citation	Outlook on Agriculture1–8
dc.identifier.doi	https://doi. 10.1177/0030727020907334
dc.identifier.issn	0030-7270
dc.identifier.issn	2043-6866
dc.identifier.uri	http://hdl.handle.net/10201/136689
dc.language	eng	es
dc.relation	Sin financiación externa a la Universidad	es
dc.rights	info:eu-repo/semantics/openAccess	es
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internacional	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/	*
dc.subject	Agricultural cooperatives	es
dc.subject	Agency theory	es
dc.subject	Property rights theory	es
dc.subject	Investment	es
dc.subject	Spain	es
dc.title	Members’ perceptions of governance in agricultural cooperatives: Evidence from Spain	es
dc.type	info:eu-repo/semantics/article	es
dspace.entity.type	Publication	es