Abstract：Increasingly, cooperatives in the agribusiness are being confronted with the globalization of agri-food markets. Cooperatives adapt to this development by internationalizing their activities.
This paper presents a method of measuring the degree of internationalization (DoI) and
its application to European cooperatives in the dairy sector. Then, the financial performance
of these cooperatives is measured by applying balance sheet analysis. The paper ends with a
discussion of why German cooperatives are noticeably less internationalized and show
weaker financial performance than their European competitors.
 

Keywords:  Cooperatives, Dairy Industry, Degree of Internationalization, Corporate Success.

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