Abstract
This study examines the merger effect of Japanese Agricultural cooperatives. In a comparison of 58 merging and 12 non-merging cooperatives, a negative merger effect is seen in four financial ratios.
A general comparison of financial ratios between merging and non-merging agricultural cooperatives shows that non-merging cooperatives are superior to merging cooperatives on several ratios.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Barton, David G./Schroeder, Ted C./Featherstone, Allen M., Evaluating the Feasibility of Local Cooperatives Consolidations: A Case Study, Agribusiness, 9,3,1983, pp. 281–294.
Central Union of Agricultural Cooperatives and Agricultural Development and Training Center, Nokyo Gappei nikansuru Chosa Kenkyu Hokokusyo (Report of Investigation of Merger in Agricultural Cooperatives), July 1989 (in Japanese).
Central Union of Agricultural Cooperatives, Gappei Kouka Jirei Chosa Kekka (Houkoku) (The Result of Case Studies on Merger Investigation), May 1990 (in Japanese).
Fujitani, Chikuji, Nokyo at a Crossroads, Japan Quarterly, 39.3,1992, pp. 369–380.
Gifu Prefectural Agricultural Cooperatives Association, Dai Nijyukkai Gifuken Nokyo Taikai Shiryo (Papers at the 20th Annual Conference of Gifu Prefectural Agricultural Cooperative Association), November 1988 (in Japanese).
Gifu Prefectural Department of Agriculture, Nokyo Yoran (Survey of Agricultural Cooperatives), 1971–1977 (in Japanese).
Gifu Prefectural Department of Agriculture and Gifu Prefectural Agricultural Cooperative Association Nokyo Yoran (Survey of Agricultural Cooperatives 1978–1981 (in Japanese).
Hasebe, Tadashi, Nogyo Kyodo kumiai katsudo no kibo no keizaisei ni kansuru Kenkyu (A Study of Economies of Scale in Agricultural Cooperative Associations), in: Central Union of Agricultural Cooperatives (ed.), Kyodo Soshiki Kenkyu Hokoku, (A Research Report of the Cooperative Organization), March 1979, pp. 112–132 (in Japanese).
Hoshino, Yasuo, The Performance of Corporate Mergers in Japan, Journal of Business Finance and Accounting, 9, 2,1982, pp. 153–165.
Hoshino, Yasuo, An Analysis of Mergers among the Credit Associations in Japan, Rivista Internazionale di Scienze Economiche e Commerciale (International Review of Economics and Business), 35, 2, 1988, pp. 135–156.
Hoshino, Yasuo, An Analysis of Mergers among Credit Cooperatives in Japan, in: Malcolm Trevor ed., International Business and Management of Change, Avebury 1991.
Hoshino, Yasuo, An Analysis of Mergers among Credit Associations in Japan: An Extended version, in: Proceedings of the 5th Annual Meeting of the Association of Japanese Business Studies, Denver, January 1992.
Hoshino, Yasuo Chusho Kinyu Kikan no Gappei Bunseki (Merger Analysis of Small and Mediumsized Financial Institutions), Taga Shuppan 1992 (in Japanese).
Hoshino, Yasuo, The Merger Effects of Japanese Agricultural Cooperatives as Small and MediumSized Financial Institutions, in: Brij N. Kumar and Harald Dolles ed., New Management Concepts and Changing Managerial Roles in Europo-Asia Business, Xth Annual Conference of the Euro-Asia Management Studies Association, Nurnberg, Germany 1993.
Iikuni, Yoshiaki, Saiteki Nokyo Gappei ni kansuru Simulation Bunseki (Simulation Analysis on Optimal Mergers of Agricultural Cooperatives), in: National Agricultural Cooperative Association and Agricultural Development and Training Center (ed.), Nokyo Gappei nf kansuru Chosa Kenkyu Houkokusho (A Research Report of Mergers of Agricultural Cooperatives), July 1989, pp. 124–156 (in Japanese).
Kawamura, Tamotsu, Sogo Nokyo no Kibono Keizai to Hani no Keizai — Tazai Hiyokansu niyoru Approach (Economies of Scale and Economies of Scope in Comprehensive Agricultural Cooperative Association — An Approach by Multi-product Cost Functions), Report of the 10th Conference of Japan Cooperative Association, October 1990 (in Japanese).
Kawamura, Tamotsu/Murakami, Kazushi, Tazai Hiyokansu niyoru Nokyo Gappei no Keiryoteki Kento (An Quantitative Study of Agricultural Cooperatives’ Mergers by Multiproduct Cost Function), Report on the Conference of Touhoku Association of Agricultural Economics, August 1990 (in Japanese).
Kitagawa, Taichi, Nokyo Gappei Mondai nikansuru Rironteki Kento (A Theoretical Study of the Problems of Agricultural Cooperatives’ Mergers), in: Central Union of Agricultural Coopera-tives and Agricultural Development and Training Center, 1989, pp. 1–38 (in Japanese).
Klinedinst, Mark/Sato, Hitomi, The Japanese Cooperative Sector, Journal of Economic Issues, 28, 2, 1994, pp. 509–517.
Lerman, Zvi/Parliament, Claudia, Size and Industry Effects in the Performance of Agricultural Cooperatives, Agricultural Economics, 6, 1991, pp. 15–29.
Ministry of Agriculture, Forestry and Fisheries, Economic Affairs Bureau, Heisei Gannendo Nogyo Kyodo Kumiaitou Genzaisu Tokei (Statistics on Numbers of Agricultural Cooperative Associa-tions in 1989). March 1990 (in Japanese).
Muneshige, Shinya, Nokyo Gappei ni Kansuru Ankeito Chosa Kekka no Bunseki (Analysis of the Result of Questionnaire Survey with Respect to Agricultural Cooperatives’ Mergers, in: Central Union of Agricultural Cooperatives, and Agricultural Development and Training Center, 1989 (in Japanese).
Takada, Osamu, Ishiki Chosa oyobi Toukeibunseki Kara mita Nokyo Gappei no kouka to Mondaiten (Consciousness Investigation and Statistical Analysis for the Effects and Problems of Amalga-mation in Agricultural Cooperatives), in: Central Union of Agricultural Cooperatives and Agricultural Development and Training Center, 1989, pp. 39–84 (in Japanese).
Takada, Osamu, Nokyo Gappei Kouka Hakki no Youin to Kadai (Effects of Amalgamation in Agricultural Cooperatives and associated Problems), Agricultural Economic Papers of Kobe University, 25, September 1991, pp. 54–68 (in Japanese).
Woo, Young Kyun, Sogo Nokyo no Kibo no Keizaisei ni kansuru Kenkyu (Scale Economy of Agricultural Cooperatives), The Nokei Ronso (The Review of Agricultural Economics Hokkaido University), 44, February 1988, pp. 97–114 (in Japanese).
Author information
Authors and Affiliations
Editor information
Rights and permissions
Copyright information
© 1995 Springer Fachmedien Wiesbaden
About this chapter
Cite this chapter
Hoshino, Y. (1995). The Performance of Mergers of Japanese Agricultural Cooperatives. In: Kumar, B.N. (eds) Management and International Review. Journal of International Business. Gabler Verlag, Wiesbaden. https://doi.org/10.1007/978-3-322-90985-5_10
Download citation
DOI: https://doi.org/10.1007/978-3-322-90985-5_10
Publisher Name: Gabler Verlag, Wiesbaden
Print ISBN: 978-3-409-13255-8
Online ISBN: 978-3-322-90985-5
eBook Packages: Springer Book Archive