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The Internal And External Governance Of Cooperatives
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Book Synopsis The Internal and External Governance of Cooperatives by : Silvia Sacchetti
Download or read book The Internal and External Governance of Cooperatives written by Silvia Sacchetti and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Cooperatives are characterised by mutual-benefit coordination mechanisms aimed at the fulfilment of members' participation rights. This ideal situation may find, in practice, obstacles within the internal characteristics of the cooperative as well as in the nature of relationship with other actors in the socio-economic environment. Building on evidence from the literature, the paper systematises and highlights some of the potential problems in the governance of cooperative firms concerning the accomplishment of cooperative mutualistic aims. In exploring the internal conditions that may affect cooperative performance, we focus in particular on the role of rules and incentives towards such aims. In synergy, when analysing the external conditions that may affect cooperative performance, the paper addresses possible sources of external control, such as those related to the nature of the business relationships between the cooperative and its production network. In taking into account both internal and external conditions, we consider an extended notion of governance, whereby those who impact on strategic decision-making are not to be searched only within the internal governance bodies, typically the board of directors or managers, but also outside the cooperative, as in the extended network of production relationships in which the organisation is embedded.
Book Synopsis Humanistic Governance in Democratic Organizations by : Sonja Novković
Download or read book Humanistic Governance in Democratic Organizations written by Sonja Novković and published by Springer Nature. This book was released on 2023-02-02 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access edited book brings together a number of theories under the umbrella of humanistic governance to develop a persuasive alternative perspective on governance, particularly for democratic organisations such as co-operatives. It examines how we can move beyond a profit-first approach to governance, into a framework that prioritises human dignity in all aspects of an operation. This book also discusses key issues for different types of cooperatives and how these might be addressed. And, finally, it addresses how cooperatives can better cope with dynamic change processes. This book will be of interest for academics working in the areas of stakeholder governance, social solidarity economy, ethical management and co-operatives.
Book Synopsis Exploring Innovations in Internal Governance in European Agricultural Cooperatives by : W.J. Jos Bijman
Download or read book Exploring Innovations in Internal Governance in European Agricultural Cooperatives written by W.J. Jos Bijman and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural cooperative in Europe are experimenting with innovation in internal governance structures. Due to changes in the market environment, but also in business organisation legislation, cooperatives feel the need to adjust their internal governance in order to enhance market orientation, attract high quality managers, strengthen member commitment, and overall reinforce cooperative entrepreneurship. In this paper we present an overview of the different innovations in the internal governance mechanisms that can be found among agricultural cooperatives in the European Union. We present theoretical explanations for these innovations and we discuss their implications for member control and manager accountability, but also for performance and further development of the cooperative.
Book Synopsis All Firms are Cooperatives - And So are Governments by : Henry Hansmann
Download or read book All Firms are Cooperatives - And So are Governments written by Henry Hansmann and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: To both the scholar and the layman, cooperatives often appear to be something of a sideshow in the world of enterprise organization. Properly understood, however, virtually all private enterprise, and democratic governments as well, exhibit the basic form of a cooperative. As a consequence, the study of cooperatives (in the narrower, conventional sense of that term) illuminates our understanding of both investor-owned firms and governments and, conversely, much can be learned about cooperatives by examining other forms of organization. This is already evident when we examine the power and limitations of contemporary economic theories of the firm. At present, however, we know much more about the economic factors that govern the viability of cooperative enterprise than we do about the forms of internal corporate governance and external regulation that also play a critical role.
Book Synopsis Principles of European Cooperative Law by : Gemma Fajardo
Download or read book Principles of European Cooperative Law written by Gemma Fajardo and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Principles of European Cooperative Law (PECOL) focus on the 'ideal' legal identity of cooperatives. Drafted by a team of legal scholars, the PECOL aim to describe the common core of European cooperative law based on both existing cooperative law in Europe, and the EU regulation on the societas cooperativa europaea. The Principles are accompanied by commentaries which illustrate the rationale and legislative background of each principle, and link them to the key features of co-operative identity. The PECOL are articulated into five chapters corresponding to the main aspects around which a cooperative's identity may be structured, namely the purpose pursued, internal governance, financial structure, external control, and cooperation among cooperatives. The second part of the book presents the national reports upon which the PECOL were based. The reports offer a detailed overview of the cooperative law of seven European jurisdictions (Finland, France, Germany, Italy, Portugal, Spain, and the UK), and thus provide a unique opportunity for law-makers, practitioners, and researchers to compare, circulate, and apply best practices of cooperative legislation. Subject: European Law, Cooperative Law]
Book Synopsis Cooperative Financial Institutions by : Carlos E. Cuevas
Download or read book Cooperative Financial Institutions written by Carlos E. Cuevas and published by World Bank Publications. This book was released on 2006-01-01 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: Co-operative financial institutions (CFIs) include diverse member-owned financial intermediaries referred to as credit unions, savings and credit cooperatives, co-operative banks, and other terms that differ across regions of the world. Their institutional structure and governance, legal and regulatory status, and scale and services portfolio also vary widely across regions and especially between industrialised countries and developing economies. A most basic common denominator is that they collect deposits and do business often solely with members. This paper addresses topics on which an agreement in necessary to arrive at consensus guidelines or principles of regulation and supervision of cooperative financial institutions (CFIs) in developing countries. Three main topics covered are: (i) the fundamental structure of the sector in terms of its internal (micro) and inter-CFI (macro) organisation, with a focus on the agency conflicts inherent in the mutual structure, the extent to which they contribute to failure risk, and whether and how these conflicts are controlled by existing governance mechanisms; (ii) the existing legal frameworks in an international context, their origins, and the implications for the functioning of CFIs; and (iii) the regulatory frameworks under which CFIs operate and the different propositions by stakeholders about what should be an appropriate regulatory framework and an effective supervision mechanism.
Book Synopsis Management Practices in Cooperatives. The Case of Ambo Farmers’ Cooperative Union by : Teshome Yilma
Download or read book Management Practices in Cooperatives. The Case of Ambo Farmers’ Cooperative Union written by Teshome Yilma and published by GRIN Verlag. This book was released on 2020-04-16 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2012 in the subject Business economics - Business Management, Corporate Governance, , language: English, abstract: The success of any business undertaking lies greatly on an efficient management and addressing the challenges that emerge with its operations. This study entitled conducted to address the general objective "To assess the determinants of the management practices in Cooperatives". The research was conducted in Ethiopia, Oromia regional State, and west Shoa Zone. In the research process the purposive selection of Ambo Farmers’ Cooperative Union was followed by the simple random sampling to select 48 primary member Cooperatives of the Cooperative Union and 96 member respondents. Both primary and secondary data were taken for this study. Descriptive statistics such frequencies, percentages, charts, cross-tabulations were used to analyze the institutional, legal and external determinant factors affecting the management practices of Ambo Framers’ Cooperative Union. Primary data was collected from selected respondents by using semi-structured interview schedule from the members, FGD and KIIs. The secondary data was also collected to evaluate bylaw and internal bylaw of the Union and its capital strength. As a result of descriptive analysis they were leaders (BODs and a Manager) possessing the qualities of good leaders in the cooperative Union. The result of the data analysis illustrated that BODs of the Cooperative Union played their leadership roles poorly but the manager of the Cooperative Union played his leadership roles well. As a result managing the general and functional areas of the Cooperative Union found lay on the shoulder of the manager of the Cooperative Union. Binary Logistic regression model was employed to identify the Institutional and legal factors affecting the management practices of the Cooperative Union that was under the study.
Book Synopsis Vertical Markets and Cooperative Hierarchies by : Kostas Karantininis
Download or read book Vertical Markets and Cooperative Hierarchies written by Kostas Karantininis and published by Springer. This book was released on 2010-10-19 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book collects sixteen essays that provide clarification to issues pertinent to contemporary cooperatives. Twenty three internationally recognized scholars of agricultural cooperatives from a variety of disciplines such as industrial organization, finance, sociology, networks, and political theory contributed theoretical work and empirical observations from different countries.
Book Synopsis The Oxford Handbook of Mutual, Co-operative, and Co-owned Business by : Jonathan Michie
Download or read book The Oxford Handbook of Mutual, Co-operative, and Co-owned Business written by Jonathan Michie and published by Oxford University Press. This book was released on 2017 with total page 705 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Handbook investigates all types of 'member owned' organizations, whether consumer co-operatives, agricultural and producer co-operatives, or worker co-operatives among many others. The chapters reflect the latest academic research and thinking on each topic, as well as reporting the relevant policy debates.
Book Synopsis Cooperatives, Economic Democratization and Rural Development by : Jos Bijman
Download or read book Cooperatives, Economic Democratization and Rural Development written by Jos Bijman and published by Edward Elgar Publishing. This book was released on 2016-01-29 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Agricultural cooperatives and producer organizations are institutional innovations which have the potential to reduce poverty and improve food security. This book presents a raft of international case studies, from developing and transition countries, to analyse the internal and external challenges that these complex organizations face and the solutions that they have developed. The contributors provide an increased understanding of the transformation of traditional community organizations into modern farmer-owned businesses. They cover issues including: the impact on rural development and inclusiveness, the role of social capital, formal versus informal organizations, democratic participation and member relations, and their role in value chains. Students and scholars will find the book’s multidisciplinary approach useful in their research. It will also be of interest to policy-makers seeking to understand the wide diversity of organizational forms and functions. NGOs, donors and governments seeking to support rural developments will benefit from the discussions raised in this book.
Book Synopsis Theory and Test on the Corporate Governance of Financial Cooperative Systems by : Martin Desrochers
Download or read book Theory and Test on the Corporate Governance of Financial Cooperative Systems written by Martin Desrochers and published by . This book was released on 2004 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a study of the economic organization of systems of financial cooperatives (FC). The first part presents a theoretical framework rooted in principles of transaction cost economics (TCE) that seeks to explain empirical regularities observable in systems of FC worldwide. The second part is an empirical study that compares X-efficiency between members of the Quebec Desjardins movement (DM) and the United States Credit Union system (USCU), the first organized as a tight network of institutions and the second composed largely by independent institutions with few ties. The fundamental proposition is that networks are a superior form of governance mechanism (over markets and mergers) for relatively wide and relevant ranges of contractual hazard and size of the institutions. Further, that networks provide substitute, hierarchy based, control mechanisms when size of the institution dilutes internal governance mechanisms, discouraging subgoal pursuits and expense preferences by agents, both occurring in large FC. The theory allows us to generate a set of testable hypothesis of which we highlight three: i) For small FC, differences in efficiency will be relatively small, if any. ii) Large institutions should display systematically lower efficiency than similar sized FC members of strategic networks. iii) Networks should display lower variance in the size as well as in performance indicators. Throughout, empirical results are consistent with our central theoretical proposition.
Author :T. RAMAYAH; PUI MUN LEE; EDWARD H. K. NG. Publisher :Springer Nature ISBN 13 :2384762575 Total Pages :681 pages Book Rating :4.3/5 (847 download)
Book Synopsis PROCEEDINGS OF THE 2024 INTERNATIONAL CONFERENCE ON APPLIED ECONOMICS, MANAGEMENT SCIENCE AND SOCIAL DEVELOPMENT (AEMSS 2024) by : T. RAMAYAH; PUI MUN LEE; EDWARD H. K. NG.
Download or read book PROCEEDINGS OF THE 2024 INTERNATIONAL CONFERENCE ON APPLIED ECONOMICS, MANAGEMENT SCIENCE AND SOCIAL DEVELOPMENT (AEMSS 2024) written by T. RAMAYAH; PUI MUN LEE; EDWARD H. K. NG. and published by Springer Nature. This book was released on 2024 with total page 681 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Rural Cooperatives written by and published by . This book was released on 1996 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Corporate Governance by : International Finance Corporation
Download or read book Corporate Governance written by International Finance Corporation and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Emerging markets are becoming important engines of global growth. These markets, such as the transition economies in Europe and Central Asia, are viewed with increasing interest by foreign investors as private sector participation grows, as regulatory reforms take effect, and as individual firms focus on elevating their business practices to align with international standards. In fact, foreign direct investment inflows to transition economies increased by 28 percent to reach $108 billion in 2013, according to the United Nations Conference on Trade and Development. Sound corporate governance is a critical element in helping these emerging markets meets their full economic potential. Good corporate governance, defined as the structures and processes by which companies and banks are directed and controlled, helps firms operate more efficiently, improves access to capital, mitigates risk, and safeguards against mismanagement. Good governance also facilitates appropriate consideration of other critical issues for enterprises, including environmental and social responsibility. It is the foundation for long-term business growth and sustainability, adding value for investors and contributing lasting dividends for economies. Companies and banks, particularly those in emerging markets that are focused on improving their corporate governance can look to a growing body of evidence that such efforts matter, yielding bottom line benefits, reputational enhancements, and competitive differentiation. In one study of note, the Emerging Market Investor Survey, 100 percent of the investors interviewed said they will pay a higher premium for good governance in an emerging market firm than what they would pay for a similar firm in a developed market. As companies and banks in Europe and Central Asia find their place on the world's economic stage, efforts to enhance governance practices are helping them reduce their business risks, improve performance, and set the course for long-term success and profitability.
Book Synopsis Co-operative Compliance: A Framework From Enhanced Relationship to Co-operative Compliance by : OECD
Download or read book Co-operative Compliance: A Framework From Enhanced Relationship to Co-operative Compliance written by OECD and published by OECD Publishing. This book was released on 2013-07-29 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report examines the relationship between large business taxpayers and revenue bodies, five years on from the publication of the FTA’s Study into the Role of Tax Intermediaries.
Book Synopsis Organizational Auditing and Assurance in the Digital Age by : Marques, Rui Pedro
Download or read book Organizational Auditing and Assurance in the Digital Age written by Marques, Rui Pedro and published by IGI Global. This book was released on 2019-02-15 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Auditing is constantly and quickly changing due to the continuous evolution of information and communication technologies. As the auditing process is forced to adapt to these changes, issues have arisen that lead to a decrease in the auditing effectiveness and efficiency, leading to a greater dissatisfaction among users. More research is needed to provide effective management and mitigation of the risk associated to organizational transactions and to assign a more reliable and accurate character to the execution of business transactions and processes. Organizational Auditing and Assurance in the Digital Age is an essential reference source that discusses challenges, identifies opportunities, and presents solutions in relation to issues in auditing, information systems auditing, and assurance services and provides best practices for ensuring accountability, accuracy, and transparency. Featuring research on topics such as forensic auditing, financial services, and corporate governance, this book is ideally designed for internal and external auditors, assurance providers, managers, risk managers, academicians, professionals, and students.
Book Synopsis US and EU External Labor Governance by : Myriam Oehri
Download or read book US and EU External Labor Governance written by Myriam Oehri and published by Springer. This book was released on 2017-07-24 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a timely and in-depth analysis of how two major trade powers, the United States of America (US) and the European Union (EU), contribute to a socio-political dimension of globalization. Myriam Oehri documents US and EU labor standards promotion in Mexico, Morocco, and the Dominican Republic, drawing on an analysis of bilateral and regional trade agreements (NAALC, US-Morocco FTA, CAFTA-DR, EU-Mexico GA, EU-Morocco AA, and EU-CARIFORUM EPA) as well as extensive field research. The case studies reveal that for the advancement of labor norms, both punitive enforcement and cooperative engagement mechanisms are established in relevant agreements. In practice, the latter are more comprehensively used than the former, irrespective of diverse power relations between the US and the EU on the one hand and the three partner states on the other. The book will be of interest to advanced students and scholars in the fields of EU and US studies, foreign, trade, and social policy, regional integration, and international labor studies. It will also be of relevance to practitioners active in the international promotion of labor standards.
