Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/313536 
Year of Publication: 
2019
Citation: 
[Journal:] Journal of East European Management Studies [ISSN:] 1862-0019 [Volume:] 24 [Issue:] 3 [Publisher:] Nomos [Place:] Baden-Baden [Year:] 2019 [Pages:] 484-496
Publisher: 
Nomos, Baden-Baden
Abstract: 
The agricultural sector in transitional and emerging market economies is marked by the prominence of agroholdings, i.e., conglomerates of agricultural enterprises controlling up to hundreds of thousands of hectares of farmland. Drawing on secondary information from Ukraine, this paper explores how institutional turbulence gives rise to agroholdings. The key hypothesis is that membership in an agroholding presents a strategy for agricultural enterprises to remain resilient in the midst of the severe institutional turbulence characteristic of a transitional economy. The focus on resilience provides a tentative explanation of why the remarkable growth of agroholdings fails to be accompanied by evidence of their superior efficiency.
Subjects: 
agroholdings
environmental turbulence
firm growth
resilience
transition economy
JEL: 
L22
P32
Q12
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article
Document Version: 
Published Version

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