Financial Instruments and Conflicts of Interest: Application to French Agricultural Co-operatives
International Journal on Food System Dynamics
View Archive InfoField | Value | |
Title |
Financial Instruments and Conflicts of Interest: Application to French Agricultural Co-operatives
|
|
Creator |
Declerck, Francis
|
|
Subject |
co-operative; agricultural co-operative ; financing ; financial instrument ; conflict of interest; shareholder
|
|
Description |
To finance their growth and value creation, agricultural co-operatives have at their disposal several financial instruments: equity, quasi-equity or debt. Many of these instruments are particularly innovative and have been designed specifically for co-operatives. In France, only recently have some co-operatives expanded their types of financing to include external funders through the issue of OTC- or publicly-traded securities.Agricultural co-operatives' governance and economic projects are often misunderstood by external financial investors. The risk of conflicts of interest plays a role in these misunderstandings in the way retained earnings, returns to agricultural products brought by co-op member and returns to equity capital. Such risks are identified and answers are proposed.
|
|
Publisher |
CentMA
|
|
Contributor |
—
|
|
Date |
2015-11-30
|
|
Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
|
Format |
application/pdf
|
|
Identifier |
http://centmapress.ilb.uni-bonn.de/ojs/index.php/fsd/article/view/641
10.18461/ijfsd.v6i4.641 |
|
Source |
International Journal on Food System Dynamics; Vol 6, No 4 (2015); 212 - 224
1869-6945 |
|
Language |
eng
|
|
Relation |
http://centmapress.ilb.uni-bonn.de/ojs/index.php/fsd/article/view/641/505
|
|
Rights |
Copyright (c) 2015 International Journal on Food System Dynamics
|
|