ECONOMIC EFFICIENCY OF FARMING – LESSEE OR OWNER (AN ATTEMPT AT ASSESSMENT)
Journal Title: Zagadnienia Ekonomiki Rolnej - Year 2017, Vol 352, Issue 3
Abstract
the paper presents the role and importance of land lease in structural changes in agriculture and its relations to efficiency of farming. it was demonstrated that land lease was a more efficient and cheaper method of increasing farm area (production scale) than land purchase. research was held on selected limited liability companies using leased land (1st group) and own land (2nd group), and participating in the “ranking 300” run by the institute of agricultural and Food economics – National research institute between 2009 and 2014. research results showed that farms run by lessees reached higher return on equity and Value creation index. the differences were not statistically confirmed, which meant that they were not significant. on the other hand, farms using own land have shown a higher level of financial security, as evidenced by higher values of liquidity ratios (current and quick) and cash flow-to-debt ratio. the hypothesis that “the lessee is more efficient than the owner” was not fully confirmed.
Authors and Affiliations
Adam Kagan, Wojciech Ziętara
Keywords
Related Articles
- EP ID EP220642
- DOI -
- Views 74
- Downloads 0
THE VALUE OF OWNERSHIP AND ITS INCREASE AS A FUNCTION OF AGRICULTURAL ENTERPRISES
This article discusses the results of a survey conducted among agricultural enterprises owners. Its aim was to identify the major factors determining the creation of one’s own agricultural enterprises and the direction t...
STRUCTURE OF CAPITAL IN THE EVALUATION OF THE PROFITABILITY OF ENTERPRISES IN THE MEAT PROCESSING SECTOR IN POLAND
The objective of the article was to identify the relationship between structure of capital and profitability of the enterprises in the meat processing sector. The research pointed to the nega-tive linear relationship bet...
CAPITAL CONCENTRATION VERSUS FINANCIAL EFFICIENCY OF FAMILY FARMS
The paper presents research findings concerning financial efficiency in the context of capital concentration in the economy. The research was based on farm data collecting information on accounting for 2004-2011. The re...
NIEKTÓRE ZAGADNIENIA REPRODUKCJI ŚRODKÓW TRWAŁYCH W SPÓŁDZIELNIACH PRODUKCYJNYCH
DRIVERS OF AGRICULTURAL LAND PRICES IN TERMS OF DIFFERENT FUNCTIONS OF RURAL AREAS IN POLAND
According to many researches, decoupled CAP subsidies capitalised on land prices. Most studies on land prices carried out in Europe relate to the SPS system and marginal changes in land values are noted as a result of th...