The optimal capital structure in agricultural cooperatives under the revolving fund cycles
Due to the financial features specific to agricultural cooperatives, the paper constructs a constrained-maximizing model under the assumption that the financial objective of an agricultural cooperative is to maximize the present value of the patron after-tax total income on an infinite time horizon...
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Format: | Article |
Language: | English |
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Czech Academy of Agricultural Sciences
2016-01-01
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Series: | Agricultural Economics (AGRICECON) |
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Online Access: | https://agricecon.agriculturejournals.cz/artkey/age-201601-0005_the-optimal-capital-structure-in-agricultural-cooperatives-under-the-revolving-fund-cycles.php |