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Article
Publication date: 1 November 2005

Allen M. Featherstone, Gregory A. Ibendahl, J. Randy Winter and Aslihan Spaulding

The structure of U.S. agriculture is a topic of relevance to farmers, policy makers, farm organizations, and academics. Over the last century, farm financial structure issues have…

504

Abstract

The structure of U.S. agriculture is a topic of relevance to farmers, policy makers, farm organizations, and academics. Over the last century, farm financial structure issues have become extremely important as the United States moved from an agrarian economy to a more industrialized one. Traditionally analyzed topics such as optimal capital structure, equity capital markets, entry into production agriculture by beginning farmers, and tax issues remain important. Societal effects caused by changing farm financial structure and the effect on the rural landscape are issues needing further research. Finally, research is needed on farm financial structure changes in other regions of the world that may affect the competitiveness of U.S. agriculture.

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Agricultural Finance Review, vol. 65 no. 2
Type: Research Article
ISSN: 0002-1466

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Article
Publication date: 29 April 2014

Kerry Tudor, Aslihan Spaulding, Kayla D. Roy and Randy Winter

The purpose of this paper is to investigate the relationships among choice of risk management tools, perceived effectiveness of risk management tools, self-reported risk attitude…

954

Abstract

Purpose

The purpose of this paper is to investigate the relationships among choice of risk management tools, perceived effectiveness of risk management tools, self-reported risk attitude, and farm and farmer characteristics.

Design/methodology/approach

A mail survey was used to collect information about utilization of risk management tools, perceived effectiveness of risk management tools, and factors that could influence choice of risk management tools by Illinois farmers. Cluster analysis, one-way ANOVA, χ2 tests of independence, and multinomial logistic regression were utilized to detect possible relationships among choice of risk management tools, perceived effectiveness of risk management tools, self-reported risk attitude, and farm and farmer characteristics.

Findings

Multinomial logistic regression analysis revealed that age and gross farm income (GFI) were the strongest predictors of the risk management tool utilization group to which an individual would be assigned. The number of risk management tools utilized decreased with age but increased with GFI. Neither self-reported risk attitude nor education was a significant independent variable in the multinomial logistic regression model, but both were strongly impacted by age. Younger farmers with higher GFI were the most likely users of hedging.

Research limitations/implications

The results of this study provide support for the idea that farmers who are better able to generate revenue are better able to manage risk, but the direction of causality was not investigated.

Practical implications

Risk management service providers could benefit from this study as a benchmark for understanding their current and potential farmer clients’ risk management strategies.

Originality/value

This study used cluster analysis and multinomial logistic regression to address the complexity of decisions regarding multiple risk management tools. The number of tools utilized by individuals was investigated.

Details

Agricultural Finance Review, vol. 74 no. 1
Type: Research Article
ISSN: 0002-1466

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Article
Publication date: 8 May 2009

Matthew Ginder, Aslihan D. Spaulding, Kerry W. Tudor and J. Randy Winter

The purpose of this paper is to determine which factors are most influential to farmers' crop insurance purchasing decisions in northern Illinois.

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Abstract

Purpose

The purpose of this paper is to determine which factors are most influential to farmers' crop insurance purchasing decisions in northern Illinois.

Design/methodology/approach

A mail survey method was used to collect information from farmers in a 42 county region of Illinois.

Findings

Of the factors analyzed, price had the most significant effect on crop insurance purchase decisions. While acres farmed had statistically significant impact on most of the crop insurance purchase decisions, different factors played a role in purchase decisions based on types of insurance and types of crops covered.

Research limitations/implications

The results of this study warrant additional research relative to crop insurance purchase decisions. Analyzing the affect of varying degrees of government subsidization across crop insurance plans and coverage levels on purchase decisions is recommended. Questions regarding the relationship between crop insurance subsidization, farm program payments, and ad hoc disaster payments would be relevant in light of World Trade Organization and federal budget discussions. Also, asking participants to indicate if they have a written grain marketing plan and if that plan leverages crop insurance coverage to support forward contracting or pre‐harvest pricing would provide additional insights in determining how crop insurance purchase decisions are made. Questions regarding the claims process should be incorporated into future studies on this topic. The timeliness of claims payments, as well as the farmer's level of satisfaction with the claims adjustor and claims process may factor into the decision‐making process.

Practical implications

Illinois farmers and crop insurance agencies could benefit from this study. Findings could improve the crop insurance products and services available to Illinois farmers and make the federal crop insurance program more effective in enhancing farmers' ability to manage crop production risk.

Originality/value

This paper identified the factors that are most influential to farmers' crop insurance purchasing decisions in northern Illinois.

Details

Agricultural Finance Review, vol. 69 no. 1
Type: Research Article
ISSN: 0002-1466

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Article
Publication date: 25 June 2021

Lee Fergusson, Anna Bonshek, Sanford Nidich, Javier Ortiz Cabrejos and Randi Nidich

To examine whether quality-of-life of a home's occupants varies in northern and southern hemisphere homes when the orientation of the home is always to the eastern sun (as…

172

Abstract

Purpose

To examine whether quality-of-life of a home's occupants varies in northern and southern hemisphere homes when the orientation of the home is always to the eastern sun (as prescribed by Maharishi Vedic Architecture) not orientated differently in northern and southern hemispheres to maximise light (as prescribed by western and Feng Shui architecture design).

Design/methodology/approach

A theoretical discussion of the use of sunlight and orientation in western, Feng Shui and Vedic approach to architecture, and then a cross-sectional quantitative survey conduced in 14 countries.

Findings

The lived experience of 158 home occupants in Maharishi Vedic Architecture did not vary from northern to southern hemispheres.

Originality/value

Research of this type has never been carried out before on Maharishi Vedic Architecture, except for one other study published in 2020 by these authors which considered the lived experience of home occupants. The amount of research on the basics of Vastu architecture is minimal.

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Article
Publication date: 1 April 1990

Hannelore B. Rader

The following is an annotated list of materials dealing with orientation to library facilities and services, instruction in the use of information resources, and research and…

77

Abstract

The following is an annotated list of materials dealing with orientation to library facilities and services, instruction in the use of information resources, and research and computer skills related to retrieving, using, and evaluating information. This review, the sixteenth to be published in Reference Services Review, includes items in English published in 1989. A few are not annotated because the compiler could not obtain copies of them for this review.

Details

Reference Services Review, vol. 18 no. 4
Type: Research Article
ISSN: 0090-7324

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Article
Publication date: 4 October 2019

Yiorgos Gadanakis, Gianluca Stefani, Ginerva Virginia Lombardi and Marco Tiberti

The purpose of this paper is to provide empirical evidence on the relationship between capital structure and technical efficiency (TE) for Italian cereal farms during the…

398

Abstract

Purpose

The purpose of this paper is to provide empirical evidence on the relationship between capital structure and technical efficiency (TE) for Italian cereal farms during the 2008–2014 period. Emphasis is given in the understanding of the relationship between the level of financial leverage for cereal farms and their production performance.

Design/methodology/approach

The methods employed in this research article are based on non-parametric techniques in order to derive TE estimates for a sample of Italian cereal farms based on available Farm Accountancy Data Network data to explore in depth the relationship amongst the financial exposure of the sector and the capacity to utilise an efficient and effective production technology. Furthermore, subsidies are considered in the model as a non-discretionary variable and therefore, as an input that farmers cannot directly influence within the production function. Hence, the non-discretionary Data Envelopment Analysis model is a more appropriate framework since it is not penalising farms at a lower level of Pillar I payments when benchmarked with farms that receive a higher level of payments.

Findings

The results show that significant improvements could be achieved for most of the farms in the sample by improving production and management practices. Furthermore, results provide an empirical support of the adjustment theory by showing a negative impact of debt to asset ratio to TE.

Originality/value

This research article provides a first insight on the evolution of the Italian cereal farms debt-TE relationship in periods where high price instability has been observed.

Details

Agricultural Finance Review, vol. 80 no. 1
Type: Research Article
ISSN: 0002-1466

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Article
Publication date: 21 August 2017

Ruth N. Bolton

My goal is to describe my life in marketing over more than 36 years and to help readers better understand (from my personal perspective) the history of marketing. I also aim to…

221

Abstract

Purpose

My goal is to describe my life in marketing over more than 36 years and to help readers better understand (from my personal perspective) the history of marketing. I also aim to lift the curtain on some aspects of service within the marketing community.

Design/methodology/approach

This paper is an autobiographical sketch. It describes some key moments in my career, as well as describing how my most cited articles came to be written. It emphasizes the contextual factors at work in different periods, so readers can better understand how and why my research evolved in certain ways. I aim to convey the nature and variety of career experiences that were (and are) open to marketing academics. I discuss my experiences at the Journal of Marketing and the Marketing Science Institute.

Findings

Marketing changed rapidly between 1974 and 2017. Although change can be uncomfortable, I urge marketers to seek exposure to new ideas and practices; they are essential to learning and growth. Unexpected opportunities will come along and an alert individual can learn much from them. My time in industry was a learning experience for me. There are many kinds of interesting and successful careers.

Practical implications

The marketing field advances, not by the work of a single individual, but from the accumulated work of the entire marketing community. Everyone has a role to play. I encourage each individual to look for ways to contribute. I offer thoughts on how to build a research career based on my own experience.

Social implications

My thoughts may shed some light on the experiences of a woman academic and the globalization of marketing academia between 1974 and 2017.

Originality/value

My hope is that this paper contributes to a better understanding of the history of marketing, when it is considered together with other articles on this topic. It may also be useful to people who are embarking upon a career, as well as those seeking to understand the work of earlier marketing scholars.

Details

Journal of Historical Research in Marketing, vol. 9 no. 3
Type: Research Article
ISSN: 1755-750X

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Book part
Publication date: 22 September 2015

Patrick B. Patterson

The purpose of this paper is to analyze how the culture in the logging industry in the East Kootenay/Columbia region in British Columbia, Canada, is changing as warm winters

Abstract

Purpose

The purpose of this paper is to analyze how the culture in the logging industry in the East Kootenay/Columbia region in British Columbia, Canada, is changing as warm winters resulting from climate change drive expansion of a native tree-killing pest, the mountain pine beetle (Dendroctonus ponderosae).

Methodology/approach

The paper is derived from historical records and 11 months of ethnographic fieldwork conducted from July 2010 to May 2011.

Findings

This analysis found that the insect outbreaks are generating a heightened sense of economic and physical vulnerability in the logging industry, undermining previous assumptions of sufficiency and confidence.

Research limitations/implications

This paper presents results from a study of a specific region, and caution should be used when comparing these results with similar phenomena in other contexts.

Social implications

The forest industry is an important employer throughout the British Columbia interior; the cultural changes documented here indicate that climate change, manifested in insect outbreaks, is generating cultural dislocation that can have negative consequences beyond the immediate economic impacts.

Originality/value

This paper provides a detailed analysis of how an unanticipated consequence of climate change is driving adjustments in a subculture in a technologically advanced society.

Details

Climate Change, Culture, and Economics: Anthropological Investigations
Type: Book
ISBN: 978-1-78560-361-7

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Article
Publication date: 1 May 2006

George K. Chacko

The singular success of Louis V. Gerstner, Jr. in rescuing IBM from dismemberment and destruction in terms of his shifting the institutional memory of 300,000 employees from…

790

Abstract

Purpose

The singular success of Louis V. Gerstner, Jr. in rescuing IBM from dismemberment and destruction in terms of his shifting the institutional memory of 300,000 employees from corporate politics to customer service focus, has been expalined memory management explain failures as well?

Design/methodology/approach

Chacko (memory management in survival decisions of corportions 1956‐2003, Barmarick Publications, UK, 2006) published a sequence of ordered procedures (protocol) of memory management: memory management disequilibria dimensions (MD)2 protocol. This paper applies the protocol to the birth and death of the GO computer.

Findings

The memory management disequilibria dimensions (MD)2 protocol analyzes accurately the Jerry Kaplan narrative of founding on August 14, 1987, the GO corporation to AT&T firing the last remaining employees of EO, the spin‐off of GO on July 29, 1994. (MD)2 Step 1: Chief Ntrapreneur officer will to win became a casualty, founder CTO/CNO Kaplan reflecting that money wasn’t the problem, but loss of faith of the chief financial officer on the viability, of the Software VP on the development schedules, of the CEO on market momentum, and of the CTO/ECO on the “stick‐to‐itveness” of the new management team.

Orginality/value

The habit patterns of thought and action that make a corporation/country unique are instructed/inscribed in individual/institional memory. This paper demonstrates that the (MD)2 protocol explains both success and failure, providing a basis to make memory management effective.

Details

Management Research News, vol. 29 no. 5
Type: Research Article
ISSN: 0140-9174

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Article
Publication date: 1 April 1987

Edmund F. SantaVicca

The quantity and scope of the information that has materialized so far on the subject of AIDS (Acquired Immune Deficiency Syndrome) has increased significantly since the first…

80

Abstract

The quantity and scope of the information that has materialized so far on the subject of AIDS (Acquired Immune Deficiency Syndrome) has increased significantly since the first case of the syndrome in the United States was diagnosed in 1981. Initially, information could be found only in a few articles in the medical periodical literature or in a few newspapers. Gradually, more information appeared in health care, allied health, and other professional journals and periodicals. As the incidence of the syndrome increased, more newspapers and the mass market magazines and the electronic media began covering the syndrome, and both health care professionals and the general public found themselves presented with a steady stream of information, research, and education on the subject of AIDS.

Details

Reference Services Review, vol. 15 no. 4
Type: Research Article
ISSN: 0090-7324

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