Journal of Rural Development
An Analysis of the Relationships among Farmers’ Managerial Capabilities, Management Environment, Management Strategy, and Management Performance
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AuthorYeon, Kwanghun
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Publication Date2025.12.21
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Original
Korea’s agricultural sector continues to exhibit weak managerial performance and insufficient growth capacity, underscoring the need for research on strategies to enhance farm management outcomes. This study identifies the principal determinants of managerial performance in agricultural enterprises and empirically examines their interrelationships using structural equation modeling. The analysis shows that four factors—farmers’ managerial capability, awareness of the macro-environment, understanding of government policies, and the implementation of cost-leadership and differentiation strategies—significantly contribute to improved managerial performance. These findings suggest that government policies supporting these areas should be further expanded and strengthened.
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