Tomasz Kusio, J. Kudełko, Alexandra Borges, Anamarija Delić, I. Stroila
Rural development has become a significant policy challenge in Europe. More employment opportunities have increasingly been concentrated in urban areas, leaving rural regions with ever-continuing down-fall in terms of population size and economic growth. In this context, rural entrepreneurship activity that positively influences rural communities is embedded in broader social or structural policies at the European level. The aim of the article is to investigate societal and economic challenges and their innovative solutions in five European rural regions: Croatia (Slovania), Germany (Münsterland, Saxony-Anhalt), Poland (Małopolska), and Portugal (Alto Minho). This study follows a multi-case method which investigates the diversity of challenges and solutions in selected European rural areas. The comparative analysis reveals that most essential activities aimed at alleviating the development problems of rural areas include education of local communities, improvement of economic and digital infrastructure, activities supporting production and promotion of local products, promotion of cooperation between local communities and producers, and stronger orientation of local policy towards financial support of production enterprises and farms. The conclusions resulting from the study lead to formulating recommendations concerning rural policies in the context of developing entrepreneurship strategies in rural areas.
{"title":"Are there any differences in rural development challenges within European countries? Social and economic contexts from EU rural leaders","authors":"Tomasz Kusio, J. Kudełko, Alexandra Borges, Anamarija Delić, I. Stroila","doi":"10.22434/ifamr2021.0147","DOIUrl":"https://doi.org/10.22434/ifamr2021.0147","url":null,"abstract":"Rural development has become a significant policy challenge in Europe. More employment opportunities have increasingly been concentrated in urban areas, leaving rural regions with ever-continuing down-fall in terms of population size and economic growth. In this context, rural entrepreneurship activity that positively influences rural communities is embedded in broader social or structural policies at the European level. The aim of the article is to investigate societal and economic challenges and their innovative solutions in five European rural regions: Croatia (Slovania), Germany (Münsterland, Saxony-Anhalt), Poland (Małopolska), and Portugal (Alto Minho). This study follows a multi-case method which investigates the diversity of challenges and solutions in selected European rural areas. The comparative analysis reveals that most essential activities aimed at alleviating the development problems of rural areas include education of local communities, improvement of economic and digital infrastructure, activities supporting production and promotion of local products, promotion of cooperation between local communities and producers, and stronger orientation of local policy towards financial support of production enterprises and farms. The conclusions resulting from the study lead to formulating recommendations concerning rural policies in the context of developing entrepreneurship strategies in rural areas.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"101 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77786756","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The agricultural sector in Sweden, as elsewhere, is affected by increased intensification and specialisation, leading to fewer and larger farms. The majority of agricultural firms acquire profits by pushing an economies of scale strategy, which is not always possible for small farms. However, there are alternative strategies. This teaching case focuses on a small farm in Sweden and offers students an opportunity to study the management of business model innovation in this context. The case explores the value creation strategy of a cattle farm and applies activities such as mapping a business model, developing suggestions for business model innovation, analysing existing and lacking managerial competences and pinpointing implications for agricultural policy. As a result, profitability, competitiveness and sustainability of the study farm should be achieved, together with acquisition of knowledge and skills by its owner. This educational case is suitable for agricultural students of different levels requiring knowledge of business and management.
{"title":"Sustainable value creation – a farm case on business model innovation","authors":"F. Fernqvist, V. Sadovska, Per-Anders Langendahl","doi":"10.22434/ifamr2021.0114","DOIUrl":"https://doi.org/10.22434/ifamr2021.0114","url":null,"abstract":"The agricultural sector in Sweden, as elsewhere, is affected by increased intensification and specialisation, leading to fewer and larger farms. The majority of agricultural firms acquire profits by pushing an economies of scale strategy, which is not always possible for small farms. However, there are alternative strategies. This teaching case focuses on a small farm in Sweden and offers students an opportunity to study the management of business model innovation in this context. The case explores the value creation strategy of a cattle farm and applies activities such as mapping a business model, developing suggestions for business model innovation, analysing existing and lacking managerial competences and pinpointing implications for agricultural policy. As a result, profitability, competitiveness and sustainability of the study farm should be achieved, together with acquisition of knowledge and skills by its owner. This educational case is suitable for agricultural students of different levels requiring knowledge of business and management.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"138 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86364533","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
C. Pocol, Peter Šedík, Alexandra-Ioana Glogovețan, I. Brumă
The Romanian honey market is facing a problem related to traceability, especially when honey is produced in more than one country and its origin is indicated as a blend of EC and non-EC honeys. The increase of honey adulteration has consequences on both consumers and honey producers with considerable negative effects. The aim of the study was to identify the factors that influence honey purchasing behaviour and to evaluate consumers’ awareness related to honey adulteration in Romania among selected age segments. An online survey was conducted between 2020-2021 on a sample of 1,233 respondents. The questionnaire covered aspects related to purchasing behaviour and honey adulteration, complemented with socio-demographic questions. The data were evaluated using descriptive, non-parametric and multivariate statistics. The results showed that the most important factors considered during the purchasing process by Romanian honey consumers were health factor and country of origin followed by producer reputation and ecological aspect, while the least important were discounts, promotion and brand reputation. The older respondents are more aware of honey adulteration and know better that crystallisation is an indicator of quality. This study provides important information for policymakers and the whole beekeeping chain in Romania. Education in terms of honey authenticity and traceability will help consumers to choose local honey of high quality and to avoid adulterated products. This consumption and purchasing behaviour will discourage producers from honey counterfeiting.
{"title":"Traceability issues of honey from the consumers’ perspective in Romania","authors":"C. Pocol, Peter Šedík, Alexandra-Ioana Glogovețan, I. Brumă","doi":"10.22434/ifamr2021.0145","DOIUrl":"https://doi.org/10.22434/ifamr2021.0145","url":null,"abstract":"The Romanian honey market is facing a problem related to traceability, especially when honey is produced in more than one country and its origin is indicated as a blend of EC and non-EC honeys. The increase of honey adulteration has consequences on both consumers and honey producers with considerable negative effects. The aim of the study was to identify the factors that influence honey purchasing behaviour and to evaluate consumers’ awareness related to honey adulteration in Romania among selected age segments. An online survey was conducted between 2020-2021 on a sample of 1,233 respondents. The questionnaire covered aspects related to purchasing behaviour and honey adulteration, complemented with socio-demographic questions. The data were evaluated using descriptive, non-parametric and multivariate statistics. The results showed that the most important factors considered during the purchasing process by Romanian honey consumers were health factor and country of origin followed by producer reputation and ecological aspect, while the least important were discounts, promotion and brand reputation. The older respondents are more aware of honey adulteration and know better that crystallisation is an indicator of quality. This study provides important information for policymakers and the whole beekeeping chain in Romania. Education in terms of honey authenticity and traceability will help consumers to choose local honey of high quality and to avoid adulterated products. This consumption and purchasing behaviour will discourage producers from honey counterfeiting.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"1 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-06-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88724226","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Case study competition is an effective tool used in higher educational institutions to augment students’ learning experience. Although many studies have explored this phenomenon in business and management discipline, no study has been conducted in agribusiness yet. The current research is conducted to explore students’ perceptions towards agribusiness case study based on cognitive ability, affective ability and development ability. It further explores how cultural difference, students’ discipline, and training experience influence participants’ perceived benefits. Using online survey and a face-to-face interview, it selected 65 participants who had the experience of the agribusiness case study competition. According to students perception, it is apparent that culture had shown main effect in all aspects, while discipline only made a significant difference in development ability. The qualitative analysis unveiled that students preferred to be trained by advisors belonging to field of agricultural economics and management, and are enthusiastic to deal with the real business world issues, and also hold experience of past competitions. Based on these findings, this study may provide guidelines to educators and organizers to improve the case study method of learning and teaching, and efficiently planned the strategies required for competition.
{"title":"Students’ perception towards IFAMA agribusiness case study competition: do culture, discipline, and training experience matter?","authors":"Zhanguo Zhu, Chung-Chou Tsai, Yue Wang","doi":"10.22434/ifamr2021.0141","DOIUrl":"https://doi.org/10.22434/ifamr2021.0141","url":null,"abstract":"Case study competition is an effective tool used in higher educational institutions to augment students’ learning experience. Although many studies have explored this phenomenon in business and management discipline, no study has been conducted in agribusiness yet. The current research is conducted to explore students’ perceptions towards agribusiness case study based on cognitive ability, affective ability and development ability. It further explores how cultural difference, students’ discipline, and training experience influence participants’ perceived benefits. Using online survey and a face-to-face interview, it selected 65 participants who had the experience of the agribusiness case study competition. According to students perception, it is apparent that culture had shown main effect in all aspects, while discipline only made a significant difference in development ability. The qualitative analysis unveiled that students preferred to be trained by advisors belonging to field of agricultural economics and management, and are enthusiastic to deal with the real business world issues, and also hold experience of past competitions. Based on these findings, this study may provide guidelines to educators and organizers to improve the case study method of learning and teaching, and efficiently planned the strategies required for competition.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"32 7","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-04-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138512555","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Chicken meat consumption in Ghana has significantly increased in the last two decades. However, production has stagnated, and domestic producers are struggling to satisfy the local market. Consequently, Ghana is dependent on chicken imports. The imports have attracted criticism as they are believed to be negatively affecting producers. This paper uses typical farms to analyze broiler production systems in Ghana and the impact of chicken imports. The typical farms represent the most common broiler production systems in the most important producing regions (Accra, Kumasi, and Dormaa). Large-scale integrated, medium-scale, and small-scale production systems were identified as the most common broiler production systems. The study demonstrates that feed and day-old chick costs are the most significant production cost items. The study also shows that broiler production is profitable for all systems when only considering cash-costs. Medium-scale farms located in Dormaa are unprofitable in the medium and long-term, when depreciation and opportunity costs are reflected, respectively. Cost comparisons show that imports make it difficult for broiler producers to market their chickens in the local market throughout the whole year. Therefore, broiler production in Ghana is seasonal. Furthermore, small-scale producers are the most negatively affected by the competition from the imports.
{"title":"Broiler production systems in Ghana: economics and the impact of frozen chicken imports","authors":"Craig Chibanda, M. Almadani, P. Thobe, C. Wieck","doi":"10.22434/ifamr2021.0142","DOIUrl":"https://doi.org/10.22434/ifamr2021.0142","url":null,"abstract":"Chicken meat consumption in Ghana has significantly increased in the last two decades. However, production has stagnated, and domestic producers are struggling to satisfy the local market. Consequently, Ghana is dependent on chicken imports. The imports have attracted criticism as they are believed to be negatively affecting producers. This paper uses typical farms to analyze broiler production systems in Ghana and the impact of chicken imports. The typical farms represent the most common broiler production systems in the most important producing regions (Accra, Kumasi, and Dormaa). Large-scale integrated, medium-scale, and small-scale production systems were identified as the most common broiler production systems. The study demonstrates that feed and day-old chick costs are the most significant production cost items. The study also shows that broiler production is profitable for all systems when only considering cash-costs. Medium-scale farms located in Dormaa are unprofitable in the medium and long-term, when depreciation and opportunity costs are reflected, respectively. Cost comparisons show that imports make it difficult for broiler producers to market their chickens in the local market throughout the whole year. Therefore, broiler production in Ghana is seasonal. Furthermore, small-scale producers are the most negatively affected by the competition from the imports.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"17 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-04-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86931421","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Using data on farmland values in Indiana and Iowa, this study examines the risk and return characteristics surrounding top, medium, and poor farmland qualities in different locations in these two states. We find that systematic risks of locations/qualities are very low (indistinguishable from 0). In terms of risk-adjusted return, our results show that Indiana farmland has more excess return and higher reward-to-risk ratios than Iowa. Also, adding the quality dimension to the geographic dimension in portfolio selection strategies improved the portfolio reward-to-risk ratio for Indiana but not for Iowa. Interestingly, we found that the average quality farmland has more weight in portfolios relative to top- and poor-quality farmland.
{"title":"Risk and return of heterogenous farmland locations and qualities","authors":"Ashraf Noumir, M. Langemeier","doi":"10.22434/ifamr2021.0051","DOIUrl":"https://doi.org/10.22434/ifamr2021.0051","url":null,"abstract":"Using data on farmland values in Indiana and Iowa, this study examines the risk and return characteristics surrounding top, medium, and poor farmland qualities in different locations in these two states. We find that systematic risks of locations/qualities are very low (indistinguishable from 0). In terms of risk-adjusted return, our results show that Indiana farmland has more excess return and higher reward-to-risk ratios than Iowa. Also, adding the quality dimension to the geographic dimension in portfolio selection strategies improved the portfolio reward-to-risk ratio for Indiana but not for Iowa. Interestingly, we found that the average quality farmland has more weight in portfolios relative to top- and poor-quality farmland.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"6 7 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-04-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86420793","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Farmers’ collective action via cooperatives is critical to achieving a wide range of economic and social benefits that lead to sustainable development and enhance the welfare of rural communities. Adopting a qualitative case study method, the paper compares the development and governance attributes of two cooperatives and seeks to identify how non-economic conditions explain their differences. The cases are selected from the United Kingdom and China, representing different cultural and legislation contexts, to explore the role of culture and legislation in formulating the governance of farmer cooperatives. The results demonstrate that: (1) the formation of member groups due to considerable member heterogeneity may lead to the skewed allocation of control rights and income rights; (2) legislation play an important role in formulating the governance of cooperatives; and (3) national culture potentially has influence on cooperative governance, but direct evidence is in insufficient.
{"title":"Exploring multiple drivers of cooperative governance: a paired case comparison of vegetable growing cooperatives in the UK and China","authors":"Q. Liang, Han Dong, A. Bailey, Weibin Hu, F. Jia","doi":"10.22434/ifamr2020.0175","DOIUrl":"https://doi.org/10.22434/ifamr2020.0175","url":null,"abstract":"Farmers’ collective action via cooperatives is critical to achieving a wide range of economic and social benefits that lead to sustainable development and enhance the welfare of rural communities. Adopting a qualitative case study method, the paper compares the development and governance attributes of two cooperatives and seeks to identify how non-economic conditions explain their differences. The cases are selected from the United Kingdom and China, representing different cultural and legislation contexts, to explore the role of culture and legislation in formulating the governance of farmer cooperatives. The results demonstrate that: (1) the formation of member groups due to considerable member heterogeneity may lead to the skewed allocation of control rights and income rights; (2) legislation play an important role in formulating the governance of cooperatives; and (3) national culture potentially has influence on cooperative governance, but direct evidence is in insufficient.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"6 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88133772","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
There is a great deal of evidence suggesting that information and communication technology (ICT) and agricultural production outsourcing can improve farm productivity and farmers’ welfare. However, less is known about the relationship between modern ICT use and agricultural production outsourcing. Drawing upon a survey of 855 litchi growers from southern China, this study estimates the effect of smartphone use on farmers’ decisions regarding agricultural production outsourcing. A novel genetic matching method is employed to mitigate the selection bias associated with self-selected smartphone use. Our result confirms the positive role of smartphone use in increasing the number of production tasks outsourced by litchi growers. Moreover, smartphone users are more likely to outsource both labor-intensive and technology-intensive tasks than nonusers. In addition, the treatment effect of smartphone use varies with each specific litchi production task. Our findings highlight the importance of improving smartphone adoption among farmers to promote agricultural production outsourcing.
{"title":"Impact of smartphone use on production outsourcing: evidence from litchi farming in southern China","authors":"Yihuai Cai, Yucheng Sun, Wen'e Qi, Famin Yi","doi":"10.22434/ifamr2021.0155","DOIUrl":"https://doi.org/10.22434/ifamr2021.0155","url":null,"abstract":"There is a great deal of evidence suggesting that information and communication technology (ICT) and agricultural production outsourcing can improve farm productivity and farmers’ welfare. However, less is known about the relationship between modern ICT use and agricultural production outsourcing. Drawing upon a survey of 855 litchi growers from southern China, this study estimates the effect of smartphone use on farmers’ decisions regarding agricultural production outsourcing. A novel genetic matching method is employed to mitigate the selection bias associated with self-selected smartphone use. Our result confirms the positive role of smartphone use in increasing the number of production tasks outsourced by litchi growers. Moreover, smartphone users are more likely to outsource both labor-intensive and technology-intensive tasks than nonusers. In addition, the treatment effect of smartphone use varies with each specific litchi production task. Our findings highlight the importance of improving smartphone adoption among farmers to promote agricultural production outsourcing.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"23 2","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-03-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"72415343","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Kaoutar Jamai, X. Gellynck, A. Abidar, H. De Steur
In the present competitive environment, organisations must inevitably progress to gain and maintain a long-term competitive advantage. Hence, organisations must embrace organisational readiness for change (ORC), which denotes the level of preparedness of an organisation to adopt a change through deploying new management strategies and new projects. This study evaluated the ORC of 70 Moroccan SMEs involved in the sector of labelled agri-food products to join a future innovative cluster. Three dimensions were employed to measure ORC, namely organisational culture, motivation, and climate. Partial least squares-structural equation modelling (PLS-SEM) was used to examine the impact of ORC dimensions on the perceived benefits for the firm. The findings demonstrate that the human factor appeared to be more favourably disposed to change. Organisational motivation displayed a significantly positive effect on perceived benefits through minimising production costs when working together in innovative projects. Despite this, the impact of organisational climate and culture was insignificant. This shows that the selected firms need more support to adopt new changes through integrating a new service cluster and, cooperating together in innovative projects. Our study may support SMEs, policymakers, and researchers in devising guidelines that promote better practices for the agro-food SMEs to function effectively.
{"title":"Organisational readiness to participate in a labelled product service cluster: a structural equation model analysis","authors":"Kaoutar Jamai, X. Gellynck, A. Abidar, H. De Steur","doi":"10.22434/ifamr2021.0124","DOIUrl":"https://doi.org/10.22434/ifamr2021.0124","url":null,"abstract":"In the present competitive environment, organisations must inevitably progress to gain and maintain a long-term competitive advantage. Hence, organisations must embrace organisational readiness for change (ORC), which denotes the level of preparedness of an organisation to adopt a change through deploying new management strategies and new projects. This study evaluated the ORC of 70 Moroccan SMEs involved in the sector of labelled agri-food products to join a future innovative cluster. Three dimensions were employed to measure ORC, namely organisational culture, motivation, and climate. Partial least squares-structural equation modelling (PLS-SEM) was used to examine the impact of ORC dimensions on the perceived benefits for the firm. The findings demonstrate that the human factor appeared to be more favourably disposed to change. Organisational motivation displayed a significantly positive effect on perceived benefits through minimising production costs when working together in innovative projects. Despite this, the impact of organisational climate and culture was insignificant. This shows that the selected firms need more support to adopt new changes through integrating a new service cluster and, cooperating together in innovative projects. Our study may support SMEs, policymakers, and researchers in devising guidelines that promote better practices for the agro-food SMEs to function effectively.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"30 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76284007","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
M. F. Neves, Lourival Carmo Monaco Neto, Vinicius Cambaúva, Luciano Thomé e Castro, C. Lourenço
Fertilizantes Tocantins was founded by José Eduardo Motta in 2003, out of his desire of taking advantage of the fast-growing agricultural businesses in the northern region of Brazil. He had previous knowledge of the fertilizer sector due to his work in his father’s business for several years. After an impressive success and enormous growth rates until 2016, 50% plus one shares of the company were sold to EuroChem, a European fertilizer producer. This was part of Fertilizantes Tocantins’ strategy to achieve even greater and sustainable growth. In 2020 EuroChem bought the remaining shares of Fertilizantes Tocantins, becoming its sole controller. The company still maintains most of its operational structure and now is fueled with capital and other assets from EuroChem. The challenge ahead lies in being able to maintain the organizational culture and winning position while bringing the best of its controller’s assets to achieve the goal of being a leader in the Brazilian fertilizer market.
{"title":"Fertilizantes Tocantins: growing in the challenging fertilizer business","authors":"M. F. Neves, Lourival Carmo Monaco Neto, Vinicius Cambaúva, Luciano Thomé e Castro, C. Lourenço","doi":"10.22434/ifamr2021.0123","DOIUrl":"https://doi.org/10.22434/ifamr2021.0123","url":null,"abstract":"Fertilizantes Tocantins was founded by José Eduardo Motta in 2003, out of his desire of taking advantage of the fast-growing agricultural businesses in the northern region of Brazil. He had previous knowledge of the fertilizer sector due to his work in his father’s business for several years. After an impressive success and enormous growth rates until 2016, 50% plus one shares of the company were sold to EuroChem, a European fertilizer producer. This was part of Fertilizantes Tocantins’ strategy to achieve even greater and sustainable growth. In 2020 EuroChem bought the remaining shares of Fertilizantes Tocantins, becoming its sole controller. The company still maintains most of its operational structure and now is fueled with capital and other assets from EuroChem. The challenge ahead lies in being able to maintain the organizational culture and winning position while bringing the best of its controller’s assets to achieve the goal of being a leader in the Brazilian fertilizer market.","PeriodicalId":49187,"journal":{"name":"International Food and Agribusiness Management Review","volume":"1 1","pages":""},"PeriodicalIF":1.5,"publicationDate":"2022-03-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79019243","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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