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This article examines whether expectations held by different stakeholders from Large-Scale Land Acquisition (LSLA) have been realized in Ethiopia. Data were collected from key informants working at different levels in government organizations in Benshanguel, Oromia and Gambella regional states. Primary data were collected from households directly affected by the two largescale farms in Oromia and Benshanguel Gumuz regional states. The samples were selected using a systematic random sampling technique. The findings indicated that LSLA rarely met prior expectations and highlighted the difficulty in realizing a win-win situation.

Stakeholders’ Perspectives on Large-Scale Agricultural Investment in Ethiopia: An Analysis of the Disconnects between Expectation and Reality