Survival in the French wine industry: cooperatives vs corporations - HAL-SHS - Sciences de l'Homme et de la Société Accéder directement au contenu
Communication Dans Un Congrès Année : 2016

Survival in the French wine industry: cooperatives vs corporations

Résumé

This paper examines the survival rates of cooperatives. Traditional theories suggest that cooperatives are inefficient and consequently are prone to failure, but recent literature suggest they could be more resilient. Can cooperatives cope better? We found that French wine cooperatives survive longer than corporations. This result is robust to semi-parametric and parametric models, even when we control for mergers and acquisitions exits. The higher survival rate of wine cooperatives seems to be associated with an ability to shift the fluctuations of their environment to their members.
Fichier principal
Vignette du fichier
AAWE_WP197.pdf (685.14 Ko) Télécharger le fichier
Origine : Fichiers produits par l'(les) auteur(s)
Loading...

Dates et versions

hal-02153834 , version 1 (12-06-2019)

Identifiants

  • HAL Id : hal-02153834 , version 1

Citer

Justine Valette, Paul Amadieu, Patrick Sentis. Survival in the French wine industry: cooperatives vs corporations. 10th AAWE Annual Conference (American Association of Wine Economists), Jun 2016, Bordeaux, France. ⟨hal-02153834⟩
61 Consultations
32 Téléchargements

Partager

Gmail Facebook X LinkedIn More