Post-acquisition integration and growth of farms: the case of Ukrainian agroholdings

This paper presents a dynamic perspective on the processes of farm restructuring following farm acquisitions by large-scale agroholdings in Ukraine. In particular, the paper employs a large dataset of farm-level data and several quantitative techniques to explore how the acquired farms’ resource bas...

Full description

Saved in:
Bibliographic Details
Published in:The international food and agribusiness management review 2021-05, Vol.24 (4), p.615-636
Main Authors: Ostapchuk, Igor, Gagalyuk, Taras, Curtiss, Jarmila
Format: Article
Language:English
Subjects:
acquisition waves
agroholdings
farm growth
post-acquisition integration
RESEARCH ARTICLE
Ukraine
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:This paper presents a dynamic perspective on the processes of farm restructuring following farm acquisitions by large-scale agroholdings in Ukraine. In particular, the paper employs a large dataset of farm-level data and several quantitative techniques to explore how the acquired farms’ resource bases are integrated after acquisitions and what outcomes an acquisition brings about for farm growth, profitability and productivity. In general, acquisitions positively affect farm growth and productivity while agroholdings use various resource allocation, resource redeployment and investment/divestment instruments for the post-acquisition integration of farms. The variation in achieving profitable post-acquisition growth of farms is contingent upon a number of farm pre-acquisition characteristics, strategic growth orientations and timing of acquisitions.
ISSN:1559-2448
1559-2448
DOI:10.22434/IFAMR2020.0188