Agricultural Economics, 2021 (vol. 67), issue 1
Controversial approach to wolf management in the Czech RepublicOriginal Paper
Jana Lososová, Jindřiška Kouřilová, Nikola Soukupová
Agric. Econ. - Czech, 2021, 67(1):1-10 | DOI: 10.17221/377/2020-AGRICECON 
Expansion of the wolf in the Czech Republic results in an increasing conflict between nature conservationists and other landscape users. In March 2020, the Ministry of the Environment of the Czech Republic issued the "Wolf Management Programme". The document provoked negative reactions from organisations of farmers, breeders, and hunters. The article deals with the key issues triggered by the conflict and the attitudes of actors involved. We want to clarify to what extent the solutions designed by individual parties help to mitigate the conflict and how the financial demands related to this issue have been evolving. The problem may seem marginal in...
How to increase production performance of Slovak agricultural companies: The key task of supporting innovative work behavior and information sharingOriginal Paper
Nadežda Jankelová, Zuzana Joniaková
Agric. Econ. - Czech, 2021, 67(1):11-20 | DOI: 10.17221/319/2020-AGRICECON
The goal of this paper is to test the hypothesis of positive correlation between the innovative work behavior (IWB) support on the part of agricultural managers and the production performance of agricultural companies, mediated through information sharing in the companies. The research was performed on a sample of 175 companies of primary agricultural production in Slovakia. All data was analysed using the SPSS version 22.0 software package. The Cronbach's alpha coefficient was used to assess the internal consistency of scales reliability. The Baron and Kenny mediator model was also used. The hypothesis was confirmed by the research. Complete mediation...
What is the impact of corporate governance on the food industry at different thresholds of internationalization? A reviewReview
Chun-Hsin Chou, Joe-Ming Lee, Ying-Maw Teng, Hsiu-Ling Lee
Agric. Econ. - Czech, 2021, 67(1):21-32 | DOI: 10.17221/272/2020-AGRICECON
This research analyzes the dynamic effects of corporate governance, research and development (R&D) innovation, and financial policy on firm business performance under different internationalization threshold structures in Taiwan's food industry during the 2008-2019 period. The results illustrate R&D innovation's negative impact on business performance and the collateralization ratio by directors also has a negative influence. Conversely, the findings reveal that by considering the internationalization threshold effect, at a level of high internationalization, firms have positive influences on R&D innovation, and financial policy has a positive...
Creating a market for price swaps: Case study of an innovative risk management instrument in the Belgian-Dutch pear marketCase Study
Eewoud Lievens, Kobe Tielens, Erik Mathijs
Agric. Econ. - Czech, 2021, 67(1):33-40 | DOI: 10.17221/373/2020-AGRICECON
While the benefits of using futures to manage price risk are widely recognised, only certain groups of farmers have suitable futures at their disposal. This paper discusses an innovative instrument, developed in the Belgian-Dutch pear market, that provides an alternative to futures markets by creating a market for price swaps. Thus, the instrument provides some benefits of market-traded derivatives (like futures) while remaining a relatively simple instrument, which requires fewer market transactions. The paper describes key properties of the swap contracts and the platform used to trade them. In addition, it compares the conditions required for establishing...