Stakeholders’ Support by Agricultural Holdings: Analysis of Determinants by Logit Model

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00027251%3A_____%2F22%3AN0000024" target="_blank" >RIV/00027251:_____/22:N0000024 - isvavai.cz</a>

Výsledek na webu

<a href="https://mme2022.vspj.cz/proceedings" target="_blank" >https://mme2022.vspj.cz/proceedings</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Stakeholders’ Support by Agricultural Holdings: Analysis of Determinants by Logit Model

Popis výsledku v původním jazyce

It is acknowledged by many firms that their survival depends not only on its competitiveness, but also the relation towards various stakeholders that can affect the firm, is important. Therefore, we held a primary survey that analysed the social responsibility in agricultural firms. The aim of the paper is to assess what factors affect how important is for an agricultural holding the supports of the stakeholders.We used ordered logistic regression model. As explanatory variables were included characteristics of the agricultural holding and of its manager. However, we found out that only legal form of a firm and business target of improving existing products and developing new products were statistically significant determinant of to what extent is the support of stakeholders important. Despite that we assumed that representants of cooperatives would see the support of stakeholders as more important, our results show that when the company is a cooperative, the odd that the support of stakeholders is very important (over other categories) is lower 0.48 times. When the business target is improving and developing the product the odds that support is “very important” (over other categories) is 25.4 times higher. The importance of stakeholders’ support was not statistically significantly determined nor by the sex, education or age of the manager, nor by the size (number of employees) and other business targets of the agricultural holding.

Název v anglickém jazyce

Stakeholders’ Support by Agricultural Holdings: Analysis of Determinants by Logit Model

Popis výsledku anglicky

It is acknowledged by many firms that their survival depends not only on its competitiveness, but also the relation towards various stakeholders that can affect the firm, is important. Therefore, we held a primary survey that analysed the social responsibility in agricultural firms. The aim of the paper is to assess what factors affect how important is for an agricultural holding the supports of the stakeholders.We used ordered logistic regression model. As explanatory variables were included characteristics of the agricultural holding and of its manager. However, we found out that only legal form of a firm and business target of improving existing products and developing new products were statistically significant determinant of to what extent is the support of stakeholders important. Despite that we assumed that representants of cooperatives would see the support of stakeholders as more important, our results show that when the company is a cooperative, the odd that the support of stakeholders is very important (over other categories) is lower 0.48 times. When the business target is improving and developing the product the odds that support is “very important” (over other categories) is 25.4 times higher. The importance of stakeholders’ support was not statistically significantly determined nor by the sex, education or age of the manager, nor by the size (number of employees) and other business targets of the agricultural holding.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2022

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

40th International Conference Mathematical Methods in Economics 2022

ISBN

978-80-88064-62-6

ISSN

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e-ISSN

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Počet stran výsledku

6

Strana od-do

354-359

Název nakladatele

College of Polytechnics Jihlava

Místo vydání

Jihlava

Místo konání akce

Jihlava

Datum konání akce

7. 9. 2022

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000936355000056