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Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors

Year 2019, Volume: 25 Issue: 1, 77 - 86, 25.08.2019
https://doi.org/10.24181/tarekoder.562200

Abstract

Agricultural production has been occurred under
natural, economic, technical and social numerous risks and uncertainties. In
addition, saving rate is low because the turnover rate of the capital is low in
agricultural enterprises. These reasons affect to the production decisions of
the agricultural entrepreneurs. Hence, the wrong decisions can lead to a low
income, and the effect of the low income can reveal in the following years.
This situation can also cause to close an enterprise. Attitudes of the
agricultural entrepreneurs against risk can also cause that the resources have
been an inactive. Since, the production factors not used effectively because of
risk perception is another reason of low income. Therefore, the risk attitudes
of the entrepreneurs in the agricultural enterprises operating in Konya
province and affecting factors were analyzed in this study. For this purpose,
396 sample enterprises were selected from the agricultural enterprises
operating in Konya by stratified random sampling method. The risk attitudes of
the agricultural entrepreneurs were determined by asking the questions about
preference scale known as the reference game. The economic performance of the
agricultural enterprises according to risk attitude was analyzed as regards
Laur Accounting Systems. In addition, the factors affecting risk attitudes of
the agricultural entrepreneurs were determined by using Logistic Regression
Analysis. As a result, it was determined that 70,45% of the agricultural
enterprises did not like risk and 29,55% of them liked risk. The most important
factor affecting the risk attitudes of the agricultural entrepreneurs is the
size of the enterprise land. It was also found that the economic performance of
the risk lover enterprises better than ones risk non-lover.

Project Number

113K429

References

  • Berenson, M. L. and Levine, & D. M. (1996). Basic business statistics: concepts and applications, Sixth Edition, Prentice-Hall International pp.837.Boakye, A.A. (2017).
  • Risk Attitudes, Risk Management And Business Success Of Micro And Small Informal Agribusiness Entrepreneurs In Ghana: The Case Of Agri-Food Processors, PhD Thesis, Department of Agriculutral Economics and Agribusiness, University of Ghana.
  • Ceyhan, V., Cinemre, H.A., & Demiryürek, K. (1997). Determination of risk behavior of farmers in Samsun Province Terme District, Ondokuz Mayıs University Agricultural Faculty Research Series No:3, Samsun. (In Turkish)
  • Dillon, L. J. & Scandızzo, P. L. (1978). Risk attitudes of subsistence farmers in Northeast Brazil. A Sampling Approach, American Journal of Agricultural Economics, 60 (3):425-435.
  • Erkuş, A., Bülbül, M., Kıral, T., Açıl, F., & Demirci, R. (1995). Agricultural economics, Lecture Book, Publication of Ankara University Agricultural Faculty Education, Research and Development Foundation, Ankara. (In Turkish)
  • Greene, W.H. (2003). Econometrics analysis, Pearson Education LTD. ISBN: 0-13-110849-2 New York.
  • Holloway, C. (1979). Decision making under uncertainty: models and choices. Prentice-Hall, Inc., Englewood Cliffs, New Jersey.Karberg, S. (1993). Developing a sensible and successful marketing attitude. Purdue University, Cooperative Extension Service, West Lafayette, Indiana, EC-673,
  • Mickelsen, S., & Trede L. D. (2001). Identifying and applying learning modes to risk management education to Iowa farmers, 28th Annual National Agricultural Education Research Conference December 12, Pp: 513-525.
  • Ndem, C.N. and Osondu, C.K. (2018). Risk sources and management strategies among cassava farmers in Abia State, Nigeria, Scientific Papers Series Management, Economic Engineering in Agriculture and Rural Development 18(1): 267-276.
  • Özçomak, M.S., Oktay, E., & Özer, H. (2005). Determination of the factors affecting potential natural gas demand in Erzurum Province, 7th National Econometric and Statistics Symposium, İstanbul University. (In Turkish)
  • Özdamar, K., 2002. Statistical data analysis with packet programs, 1, Second Pub., Eskişehir, Kaan Publication. (In Turkish)
  • Perry, J., & Johnson, J. (2000). Influences of human capital and farm characteristics on farmers' risk attitudes producer marketing and risk management: Frontiers for the 21st Century Conference, January 13-14,
  • Orlando, Florida, Pp: 23.TSI, (2017). Agricultural Production Statistics. http://www.turkstat.gov.tr
  • Vergara, O., Patrick G. F., Knight, T. O., & Baquet, A. E. (2001). Understanding limited resource farmer's risk management decision making: summary and preliminary analysis, a report from the understanding farmer risk management decision making & educational needs research proj. Information Rep. 2001-003, M. S. University, Department of Agricultural Economics, Pp: 26.
  • Yamane, T. (1967). Elementary sampling theory. Prentice-Hall Inc.Englewood Cliffs, New Jersey.Yusuf, S., Malomo, D. (2007). Technical efficiency of poultry egg production in Ogun State: A Data Envelopment Analysis Approach. International Journal of Poultry Science, 6 (9): 622-629.

Tarım İşletmelerinde Risk Tutumlarının İşletme Başarısı Üzerine Etkisi ve Etkileyen Faktörlerin Analizi

Year 2019, Volume: 25 Issue: 1, 77 - 86, 25.08.2019
https://doi.org/10.24181/tarekoder.562200

Abstract

Tarımsal üretim doğal, ekonomik, teknik ve sosyal birçok risk ve belirsizlik altında gerçekleşmektedir. Ayrıca tarım işletmelerinde sermayenin devir hızının düşük olmasından dolayı tasarruf oranı da düşüktür. Bu nedenler tarım işletmecisi yöneticilerinin üretim kararlarını etkilemektedir. Nitekim alınacak yanlış kararlar düşük gelir seviyesine neden olabilecek ve gelir düşüklüğünün şiddeti takip eden yıllarda etkisini gösterebilecektir. Bu durum işletmenin tamamen kapanması noktasına da gelebilmektedir. Tarım işletmesi yöneticilerinin riske karşı tutumları gelir düşüklüğü ile birlikte kaynakların atıl kalmasına da neden olabilmektedir. Nitekim üretim faktörlerinin risk kaygısı ile etkin kullanılmaması da gelir düşüklüğünün diğer bir nedenidir. Bu nedenle bu çalışmada Konya ilinde faaliyet gösteren tarım işletmelerinin yöneticilerinin riske karşı tutumları ve bunu etkileyen faktörler analiz edilmiştir. Bu amaca yönelik olarak Konya’da faaliyet gösteren tarım işletmelerinden tabakalı tesadüfi örnekleme yöntemi kullanılarak 396 örnek işletme belirlenmiştir. Bu işletmelerin yöneticilerine referans kumarı olarak bilinen tercih ölçeği soruları yöneltilerek risk tutumları belirlenmiştir. Tarım işletmelerinin risk davranışlarına göre ekonomik performansları Laur muhasebe sistemine göre analiz edilmiştir. Ayrıca işletme yöneticilerinin risk tutumlarını etkileyen faktörler lojistik regresyon analizi kullanılarak belirlenmiştir. Sonuç olarak tarım işletmelerinin %70,45’nin risk sevmediği ve %29,55’nin ise risk sevdiği belirlenmiştir. İşletme yöneticilerinin risk tutumlarını etkileyen en önemli faktörün işletme arazisinin büyüklüğü olduğu belirlenmiştir. Ayrıca risk seven işletmelerin ekonomik performansının risk sevmeyen işletmelere göre daha iyi olduğu tespit edilmiştir.

Supporting Institution

TÜBİTAK

Project Number

113K429

References

  • Berenson, M. L. and Levine, & D. M. (1996). Basic business statistics: concepts and applications, Sixth Edition, Prentice-Hall International pp.837.Boakye, A.A. (2017).
  • Risk Attitudes, Risk Management And Business Success Of Micro And Small Informal Agribusiness Entrepreneurs In Ghana: The Case Of Agri-Food Processors, PhD Thesis, Department of Agriculutral Economics and Agribusiness, University of Ghana.
  • Ceyhan, V., Cinemre, H.A., & Demiryürek, K. (1997). Determination of risk behavior of farmers in Samsun Province Terme District, Ondokuz Mayıs University Agricultural Faculty Research Series No:3, Samsun. (In Turkish)
  • Dillon, L. J. & Scandızzo, P. L. (1978). Risk attitudes of subsistence farmers in Northeast Brazil. A Sampling Approach, American Journal of Agricultural Economics, 60 (3):425-435.
  • Erkuş, A., Bülbül, M., Kıral, T., Açıl, F., & Demirci, R. (1995). Agricultural economics, Lecture Book, Publication of Ankara University Agricultural Faculty Education, Research and Development Foundation, Ankara. (In Turkish)
  • Greene, W.H. (2003). Econometrics analysis, Pearson Education LTD. ISBN: 0-13-110849-2 New York.
  • Holloway, C. (1979). Decision making under uncertainty: models and choices. Prentice-Hall, Inc., Englewood Cliffs, New Jersey.Karberg, S. (1993). Developing a sensible and successful marketing attitude. Purdue University, Cooperative Extension Service, West Lafayette, Indiana, EC-673,
  • Mickelsen, S., & Trede L. D. (2001). Identifying and applying learning modes to risk management education to Iowa farmers, 28th Annual National Agricultural Education Research Conference December 12, Pp: 513-525.
  • Ndem, C.N. and Osondu, C.K. (2018). Risk sources and management strategies among cassava farmers in Abia State, Nigeria, Scientific Papers Series Management, Economic Engineering in Agriculture and Rural Development 18(1): 267-276.
  • Özçomak, M.S., Oktay, E., & Özer, H. (2005). Determination of the factors affecting potential natural gas demand in Erzurum Province, 7th National Econometric and Statistics Symposium, İstanbul University. (In Turkish)
  • Özdamar, K., 2002. Statistical data analysis with packet programs, 1, Second Pub., Eskişehir, Kaan Publication. (In Turkish)
  • Perry, J., & Johnson, J. (2000). Influences of human capital and farm characteristics on farmers' risk attitudes producer marketing and risk management: Frontiers for the 21st Century Conference, January 13-14,
  • Orlando, Florida, Pp: 23.TSI, (2017). Agricultural Production Statistics. http://www.turkstat.gov.tr
  • Vergara, O., Patrick G. F., Knight, T. O., & Baquet, A. E. (2001). Understanding limited resource farmer's risk management decision making: summary and preliminary analysis, a report from the understanding farmer risk management decision making & educational needs research proj. Information Rep. 2001-003, M. S. University, Department of Agricultural Economics, Pp: 26.
  • Yamane, T. (1967). Elementary sampling theory. Prentice-Hall Inc.Englewood Cliffs, New Jersey.Yusuf, S., Malomo, D. (2007). Technical efficiency of poultry egg production in Ogun State: A Data Envelopment Analysis Approach. International Journal of Poultry Science, 6 (9): 622-629.
There are 15 citations in total.

Details

Primary Language English
Subjects Agricultural Engineering
Journal Section Research
Authors

Zeki Bayramoğlu This is me

Orhan Gündüz This is me

Zuhal Karakayacı 0000-0003-2933-5608

Yusuf Çelik This is me

Project Number 113K429
Publication Date August 25, 2019
Submission Date May 9, 2019
Published in Issue Year 2019 Volume: 25 Issue: 1

Cite

APA Bayramoğlu, Z., Gündüz, O., Karakayacı, Z., Çelik, Y. (2019). Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors. Tarım Ekonomisi Dergisi, 25(1), 77-86. https://doi.org/10.24181/tarekoder.562200
AMA Bayramoğlu Z, Gündüz O, Karakayacı Z, Çelik Y. Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors. TJAE. August 2019;25(1):77-86. doi:10.24181/tarekoder.562200
Chicago Bayramoğlu, Zeki, Orhan Gündüz, Zuhal Karakayacı, and Yusuf Çelik. “Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors”. Tarım Ekonomisi Dergisi 25, no. 1 (August 2019): 77-86. https://doi.org/10.24181/tarekoder.562200.
EndNote Bayramoğlu Z, Gündüz O, Karakayacı Z, Çelik Y (August 1, 2019) Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors. Tarım Ekonomisi Dergisi 25 1 77–86.
IEEE Z. Bayramoğlu, O. Gündüz, Z. Karakayacı, and Y. Çelik, “Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors”, TJAE, vol. 25, no. 1, pp. 77–86, 2019, doi: 10.24181/tarekoder.562200.
ISNAD Bayramoğlu, Zeki et al. “Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors”. Tarım Ekonomisi Dergisi 25/1 (August 2019), 77-86. https://doi.org/10.24181/tarekoder.562200.
JAMA Bayramoğlu Z, Gündüz O, Karakayacı Z, Çelik Y. Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors. TJAE. 2019;25:77–86.
MLA Bayramoğlu, Zeki et al. “Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors”. Tarım Ekonomisi Dergisi, vol. 25, no. 1, 2019, pp. 77-86, doi:10.24181/tarekoder.562200.
Vancouver Bayramoğlu Z, Gündüz O, Karakayacı Z, Çelik Y. Effect of Risk Attitudes on the Success of the Enterprise in the Agricultural Enterprises and Analysis of Effecting Factors. TJAE. 2019;25(1):77-86.