Investigation of financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan
Expansions of distribution and sales networks as well as diversification of domestic suppliers and diversified supply methods and also, price fluctuations make purchasing process complex and cost management necessary. The main purpose of this study is to investigate the financial performance of rura...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Ministry of Labor Cooperation and Social Welfare
2020-11-01
|
| Series: | تعاون و کشاورزی |
| Subjects: | |
| Online Access: | https://ajcoop.mcls.gov.ir/article_125985_28932ed58d0ed18f904673b2a121ca9f.pdf |
| _version_ | 1827770834377244672 |
|---|---|
| author | Alireza Sahebdel Ali Jahani Mohammad Kavoosi Kalashami Gholamreza Mahfouzi |
| author_facet | Alireza Sahebdel Ali Jahani Mohammad Kavoosi Kalashami Gholamreza Mahfouzi |
| author_sort | Alireza Sahebdel Ali Jahani |
| collection | DOAJ |
| description | Expansions of distribution and sales networks as well as diversification of domestic suppliers and diversified supply methods and also, price fluctuations make purchasing process complex and cost management necessary. The main purpose of this study is to investigate the financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan. This research is applied in terms of purpose, descriptive-analytical in terms of research method and the documentary method of data collection is also used. In order to fulfill the research objectives, the financial information of 91 cooperative units was studied and analyzed over a seven-year period from 2011 to 2016. The research methodology is a post-event type (using past information). Due to the panel nature of the data, panel regression and Eviews software were used for statistical analysis. The results showed that the ratio of debt to asset or financial leverage, size of cooperative, cooperative loans, and dummy variable for mentioned plan implementation had an indirect (negative) effect on cooperative ROE during the understudy period. Meanwhile, the negative effect of leverage, size and loans was statistically significant at the five, one and one percent levels, respectively. Also, during the study period, cooperative capital, cooperative sales, cooperative current ratio and cooperative futures ratio had a direct (positive) and statistically significant effect on ROE at one percent level. |
| first_indexed | 2024-03-11T12:46:08Z |
| format | Article |
| id | doaj.art-d315cfed5bae49b48aa3531bcc9d3e76 |
| institution | Directory Open Access Journal |
| issn | 2783-5464 2783-5472 |
| language | English |
| last_indexed | 2024-03-11T12:46:08Z |
| publishDate | 2020-11-01 |
| publisher | Ministry of Labor Cooperation and Social Welfare |
| record_format | Article |
| series | تعاون و کشاورزی |
| spelling | doaj.art-d315cfed5bae49b48aa3531bcc9d3e762023-11-05T06:54:26ZengMinistry of Labor Cooperation and Social Welfareتعاون و کشاورزی2783-54642783-54722020-11-01935215210.22034/ajcoop.2020.125985125985Investigation of financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale planAlireza Sahebdel Ali Jahani0Mohammad Kavoosi Kalashami1Gholamreza Mahfouzi2Department of Agricultural Economics, Faculty of Agricultural Sciences, University of Guilan, Rasht, IranDepartment of Agricultural Economics, Faculty of Agricultural Sciences, University of Guilan, Rasht, IranDepartment of Accounting, University of Guilan, Rasht, IranExpansions of distribution and sales networks as well as diversification of domestic suppliers and diversified supply methods and also, price fluctuations make purchasing process complex and cost management necessary. The main purpose of this study is to investigate the financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan. This research is applied in terms of purpose, descriptive-analytical in terms of research method and the documentary method of data collection is also used. In order to fulfill the research objectives, the financial information of 91 cooperative units was studied and analyzed over a seven-year period from 2011 to 2016. The research methodology is a post-event type (using past information). Due to the panel nature of the data, panel regression and Eviews software were used for statistical analysis. The results showed that the ratio of debt to asset or financial leverage, size of cooperative, cooperative loans, and dummy variable for mentioned plan implementation had an indirect (negative) effect on cooperative ROE during the understudy period. Meanwhile, the negative effect of leverage, size and loans was statistically significant at the five, one and one percent levels, respectively. Also, during the study period, cooperative capital, cooperative sales, cooperative current ratio and cooperative futures ratio had a direct (positive) and statistically significant effect on ROE at one percent level.https://ajcoop.mcls.gov.ir/article_125985_28932ed58d0ed18f904673b2a121ca9f.pdfcentralized salesfinancial performancerural cooperativespanel dataguilan province |
| spellingShingle | Alireza Sahebdel Ali Jahani Mohammad Kavoosi Kalashami Gholamreza Mahfouzi Investigation of financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan تعاون و کشاورزی centralized sales financial performance rural cooperatives panel data guilan province |
| title | Investigation of financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan |
| title_full | Investigation of financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan |
| title_fullStr | Investigation of financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan |
| title_full_unstemmed | Investigation of financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan |
| title_short | Investigation of financial performance of rural cooperatives network of Guilan province after implementation of centralized agricultural purchase and sale plan |
| title_sort | investigation of financial performance of rural cooperatives network of guilan province after implementation of centralized agricultural purchase and sale plan |
| topic | centralized sales financial performance rural cooperatives panel data guilan province |
| url | https://ajcoop.mcls.gov.ir/article_125985_28932ed58d0ed18f904673b2a121ca9f.pdf |
| work_keys_str_mv | AT alirezasahebdelalijahani investigationoffinancialperformanceofruralcooperativesnetworkofguilanprovinceafterimplementationofcentralizedagriculturalpurchaseandsaleplan AT mohammadkavoosikalashami investigationoffinancialperformanceofruralcooperativesnetworkofguilanprovinceafterimplementationofcentralizedagriculturalpurchaseandsaleplan AT gholamrezamahfouzi investigationoffinancialperformanceofruralcooperativesnetworkofguilanprovinceafterimplementationofcentralizedagriculturalpurchaseandsaleplan |