A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216224%3A14560%2F20%3A00115127" target="_blank" >RIV/00216224:14560/20:00115127 - isvavai.cz</a>
Result on the web
<a href="http://dx.doi.org/10.17221/78/2019-AGRICECON" target="_blank" >http://dx.doi.org/10.17221/78/2019-AGRICECON</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.17221/78/2019-AGRICECON" target="_blank" >10.17221/78/2019-AGRICECON</a>
Alternative languages
Result language
angličtina
Original language name
A statistical analysis of the financial performance of organic and conventional farms in the Czech Republic with respect to their size
Original language description
Organic farming represents an environment-friendly alternative to conventional farming techniques. The aim of this paper is to assess whether there are differences in financial performance of the Czech agricultural enterprises as measured by financial analysis indicators in relation to the selected farming system (conventional vs organic), the farm size (with respect to organic and conventional farms) and the interaction of these two factors in the period 2012-2016. A three-step approach including two-way multivariate analysis of variance (MANOVA), non-parametric two-way analysis of variance (ANOVA), specifically the Scheirer-Ray-Hare test, and post hoc Dunn's test has been employed. The data sample comprises of 172 conventional and 136 organic farms, divided into three size categories. The effect of the selected farming system is manifested in return on sales, cost ratios, and asset turnover ratio. The farm size affects return on assets, cost ratios, liquidity and debt. The interaction of the factors has only been detected as regards return on assets.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50206 - Finance
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Agricultural Economics (Zemědělská ekonomika)
ISSN
0139-570X
e-ISSN
1805-9295
Volume of the periodical
66
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
9
Pages from-to
1-9
UT code for WoS article
000509756600001
EID of the result in the Scopus database
2-s2.0-85079065849