Panel data from Dutch horticultural firms over the period 1986-1998 were used to analyse the effects of different factors on investment decisions. The factors analysed relate to the firm operator and his family, the firm structure and the economic environment. Results show that firm-operator and firm-family related characteristics play an important role in investment decision making. Moreover, variables that indicate the ability of the firm to attract debt capital and fulfil financial obligations, like firm size, solvency and net firm result, have a positive impact on investment decisions.
|Journal||Netherlands Journal of Agricultural Science|
|Publication status||Published - 2001|