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The Impact of Integration Strategies on Food Business Firm Value

Published online by Cambridge University Press:  26 January 2015

Sarah Dorsey
Affiliation:
Cameron University, Lawton, OK
Michael Boland
Affiliation:
Kansas State University, Manhattan, KS

Abstract

The objective of this study is to analyze whether a discount or premium exists for coordination strategies in food processing, wholesale grocery, retail supermarkets, and restaurants. Significant premiums are found for food processor and restaurant vertical integration or diversification strategies. Significant discounts are found for food wholesaler and retail supermarket integration or diversification strategies. Food processors are found to be integrating toward retail supermarkets during this time period.

Type
Research Article
Copyright
Copyright © Southern Agricultural Economics Association 2009

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