民間信用調査からみた農業法人の財務特性

抄録

This study examined the validity of the results of a private credit survey of agricultural corporations targeting large agricultural corporations. It considers the financial characteristics of agricultural corporations obtained based on the data. The findings indicate the following. First, surviving corporations exhibited specific financial characteristics similar to those of bankrupt corporations regarding profitability, safety, and cash flow, i.e., management whose survival is in danger. Second, the findings indicate that some bankrupt corporations showed above-average profitability immediately before bankruptcy. In contrast, several corporations went bankrupt due to factors other than their core business.