The Performance of Mergers of Japanese Agricultural Cooperatives

Part of the Journal of International Business book series (MIR)


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.


Current Ratio Financial Ratio Fixed Asset Operating Profit Agricultural Cooperative 
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Copyright information

© Springer Fachmedien Wiesbaden 1995

Authors and Affiliations

  1. 1.Institute of Socio-Economic PlanningUniversity of TsukubaTennodaiJapan

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