The Determinants of Ownership Structure: Evidence from Brazilian Agricultural Cooperatives

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dc.contributor.authorPAULO FURQUIM DE AZEVEDO
dc.contributor.authorCosta, Davi R. de Moura
dc.contributor.authorChaddad, Fabio
dc.coverage.paisNão Informadopt_BR
dc.creatorCosta, Davi R. de Moura
dc.creatorChaddad, Fabio
dc.date.accessioned2022-08-23T01:02:35Z
dc.date.available2022-08-23T01:02:35Z
dc.date.issued2013
dc.description.notesTexto completopt_BR
dc.description.otherThe separation of ownership and control observed in large corporations is common to other organizations such as large professional partnerships, financial mutuals, nonprofits, and cooperatives. This separation gives rise to control and influence cost problems in cooperatives. However, it is not observed in all Brazilian agricultural cooperatives, where certain members have both residual claim and formal control rights. In this article, we examine the allocation of decision management and control rights and the determinants of ownership structure in a sample of Brazilian agricultural cooperatives. Using survey data, we employ multivariate regression techniques to empirically investigate the factors determining the allocation of ownership rights and the separation of ownership and control. Our findings do not lend strong support to agency theory, but they help inform research seeking to shed light on the determinants of decision rights allocation in agricultural cooperatives.pt_BR
dc.format.extentp. 62-79pt_BR
dc.format.mediumDigitalpt_BR
dc.identifier.doihttp://dx.doi.org/10.1002/agr.21325pt_BR
dc.identifier.issn15206297pt_BR
dc.identifier.issue1pt_BR
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/4087
dc.identifier.volume29pt_BR
dc.language.isoInglêspt_BR
dc.publisherWiley Periodicals, LLCpt_BR
dc.relation.ispartofAgrobusinesspt_BR
dc.rights.licenseO INSPER E ESTE REPOSITÓRIO NÃO DETÊM OS DIREITOS DE USO E REPRODUÇÃO DOS CONTEÚDOS AQUI REGISTRADOS. É RESPONSABILIDADE DOS USUÁRIOS INDIVIDUAIS VERIFICAR OS USOS PERMITIDOS NA FONTE ORIGINAL, RESPEITANDO-SE OS DIREITOS DE AUTOR OU EDITORpt_BR
dc.titleThe Determinants of Ownership Structure: Evidence from Brazilian Agricultural Cooperativespt_BR
dc.typejournal article
dspace.entity.typePublication
local.subject.cnpqCiências Sociais Aplicadaspt_BR
local.typeArtigo Científicopt_BR
relation.isAuthorOfPublication25ce9242-4c33-4eb0-8fd6-db1b8dc52452
relation.isAuthorOfPublication.latestForDiscovery25ce9242-4c33-4eb0-8fd6-db1b8dc52452
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