RESEARCH PAPER
CAPITAL CONCENTRATION VERSUS FINANCIAL EFFICIENCY OF FAMILY FARMS
1
| 1 | Warsaw University of Life Sciences Warsaw |
Acceptance date: 2015-09-02
Publication date: 2015-09-02
Zagadnienia Ekonomiki Rolnej / Problems of Agricultural Economics 2015;344(3):86–97
KEYWORDS
capital concentrationfinancial efficiencyfamily farmEquityweighted average cost of capitalquartilereturncost of capital
ABSTRACT
The paper presents research findings concerning financial efficiency in the context of capital concentration in the economy. The research was based on farm data collecting information on accounting for 2004-2011. The research shows that returns, obtained by farms more intensively gathering capital, are below the weighted average cost of capital.
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