TY  - JOUR
AB  - The adoption of several basic financial management practices is examined for a group of New York dairy farms. The study provides estimates of the extent to which various business analysis and control, investment analysis and decision making, and capital acquisition practices have been adopted. Many practices, such as net present value analysis, are not widely adopted by farmers. The relationship between the adoption of financial management practices and farm profitability is also examined. Results suggest that the adoption of financial management practices, such as using investment analysis techniques, significantly impacts farm financial performance.
VL  - 63
IS  - 2
SN  - 0002-1466
DO  - 10.1108/00215060380001147
UR  - https://doi.org/10.1108/00215060380001147
AU  - Gloy Brent A.
AU  - LaDue Eddy L.
PY  - 2003
Y1  - 2003/01/01
TI  - Financial management practices and farm profitability
T2  - Agricultural Finance Review
PB  - MCB UP Ltd
SP  - 157
EP  - 174
Y2  - 2024/04/23
ER  -