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Full Length Research Paper
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Financing instruments and strategies of agribusiness:
Evidence from Taiwan
Lien-Wen Liang1, Kuang-Hsun Shih1* and
Yu-Hsuan Chung2
1Department
of Banking and Finance, Chinese Culture University, Taiwan.
2Department
of Accounting, National Chengchi University. Taiwan.
*Corresponding author. E-mail:
shihsteve@faculty.pccu.edu.tw.
Accepted 20 January 2010 |
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Abstract |
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Improvements and developments in agricultural industries, and
the promotion of agriculture biotechnology for entrepreneurial
operations and industrial management in agribusiness, are major
strategic objectives of the Council of Agriculture in Taiwan.
Interestingly, the understanding of capital finance mechanisms,
through financing instruments and strategies analysis, are
essential to successfully advance development of agribusiness.
This research primarily investigates six aspects of financing
instruments and strategies of agribusiness, and uses the
opinions of interviews with experts of the Agricultural
Biotechnology Park in Taiwan to design questionnaires. Then,
this study received 15 valid questionnaires from the experts at
the Agricultural Biotechnology Park to determine the main
financing instruments and strategies, as well as the dependent
relationships between capital effects factors. This study
contributes to providing capital financing instruments and
strategy factors of agribusiness for related official
authorities in their future policy decisions.
Key words: Agribusiness, banking, financing strategies,
DEMATEL. |
