Since the financial crisis in 2008, the agricultural industry has been financial limited and many in this industry have been forced to shut down their financial activities. This project is based on the Danish pig breeders, because they are responsible for a great part of the industry. This has affected the possibilities for a generational handover between father and son, which is a very disseminated and acknowledged method, when selling an agricultural company. Because this issue is relative new, there exists no qualitative knowledge about how the financial crisis from 2008 has affected the pig breeders’ possibilities for a generational handover between father and son, but this issue is the key issue of this project. The point of departure has been taken from a case study, where the father and the son have been interviewed, based on a very open interview guide. With an approach as prescribed by grounded theory, the collected data was analysed using the principles of open, axial and selective coding. The conclusion of the project is that the financial crisis has affected the big breeders’ possibilities for a generation handover between father and son in the following ways: The financial crisis has affected the financial conditions, but the pig breeders’ own traditions have aggravated the situation. Because the pig breeders have not been willing to adapt, they have been hit even harder. The financial crisis has put constraints for a generation handover because the requirements for liquidity have been tightened. Meanwhile the requirement for compliance with the budget has been reinstated and the cost of finance has been increased. At the same time, the prices of soil have been downgraded leading to a lower equity. All this has led to greater focus on leadership, which is an area where the owners feel that they can influence their opportunities.
|Uddannelser||Erhvervsøkonomi, (Bachelor/kandidatuddannelse) Kandidat|
|Udgivelsesdato||11 jun. 2012|
|Vejledere||Jørgen Ravn Elkjær|