Do Corporate Governance Recommendations Apply to U.S. Agricultural Cooperatives?

TAKEOVERS AND COOPERATIVES:∗ Governance and Stability in Non-corporate Firms

If consumers wholly or partially control a firm with market power they will charge less than the profit maximizing price. Starting at the usual monopoly price, a small price reduction will have a second order effect on profits but a first order effect on consumer surplus. Despite this desirable static result, it has been argued that cooperatives are vulnerable to take-over by outsiders who will...

Restructuring Agricultural Cooperatives

Changes in the market conditions for fruit and vegetables have induced Dutch cooperative auctions to restructure their sales and marketing activities. Nine auctions merged into VTN (VoedingsTuinbouw Nederland) and established the marketing organisation The Greenery BV. VTN/The Greenery has encountered problems in its relationship with the growers, which may undermine its stability. A model is p...

Identification and Member Commitment to Agricultural Cooperatives

Worker Cooperatives and Democratic Governance

Worker Cooperatives and Democratic Governance A worker co-operative is a firm that is owned and managed by those who work in it. This paper provides a selective review of research in economics on worker cooperatives. It concentrates on the volatility of earnings and employment in the co-ops compared with conventional capitalist firms; on the long-term viability of co-ops; on the relative produc...

Entrepreneurship Approaches in Agricultural Cooperatives

Economists look at the entrepreneurship from the prospective of profitability, investment, risk, and insight supporting the economical development but it seems that, in modern societies, entrepreneurship`s function is beyond the economical bounds. According to the stage and importance of entrepreneurship which is known as the society’s economic and culture evolution engine, it is necessary to d...