Title: The effect of financial index analysis on productivity: the case of suckler cow farms in Greece

Authors: Maria Tsiouni; Dimitris Gourdouvelis; Alexandra Pavloudi; Krystallia Tzotzou

Addresses: Department of Agricultural Economics and Entrepreneurship, School of Agriculture, International Hellenic University, Sindos, 57400 Thessaloniki, Greece ' Department of Animal Science, School of Agriculture, Aristotle University of Thessaloniki, 54124, Thessaloniki, Greece ' Department of Agricultural Economics and Entrepreneurship, School of Agriculture, International Hellenic University, Sindos, 57400 Thessaloniki, Greece ' Department of Agricultural Economics and Entrepreneurship, School of Agriculture, International Hellenic University, Sindos, 57400 Thessaloniki, Greece

Abstract: Suckler cow farming is an important sector in Greece, providing a significant contribution to the country's economy and rural development. This sector plays a crucial role in preserving the country's biodiversity and maintaining rural landscapes. Financial index analysis is an important tool that can be used to assess the performance of suckler cow farms and improve their financial viability and productivity. By analysing key financial indicators such as profitability, liquidity, solvency, and efficiency, farmers and policymakers can identify areas that require improvement and implement strategies to increase profitability and sustainability. The findings suggest that there are trade-offs between the different financial ratios and the production of suckler cow farms. Larger farms may benefit from economies of scale and greater efficiency, but they may also require higher levels of debt financing. Smaller farms may have higher financial efficiency but limited credit access.

Keywords: financial index analysis; productivity; suckler cow farms; Central Macedonian region; Greece.

DOI: 10.1504/IJSAMI.2024.141847

International Journal of Sustainable Agricultural Management and Informatics, 2024 Vol.10 No.4, pp.429 - 442

Received: 07 Jun 2023
Accepted: 14 Oct 2023
Published online: 02 Oct 2024 *

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