Nilsson, Jerker
(2018).
Governance costs and the problems of large traditional co-operatives.
Outlook on Agriculture. 47
, 87 - 92
[Research article]
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PDF (Copyright: Sage Journals.)
- Accepted Version
109kB |
Official URL: https://doi.org/10.1177/0030727018761175
Abstract
During recent decades, there have been many failures among large and complex agricultural co-operatives with a traditional organizational structure, that is, with mainly collective governance and collective ownership. Many co-operatives have been converted into the so-called hybrid co-operatives, owned together with external financiers. This article applies governance cost theory to explain this development. The results show that members are not able to govern a collectively owned firm that is large and complex; members are thus reluctant to invest in co-operatives; and members do not perceive that co-operatives benefit them economically. Thus, strong leaders take control and non-member investors gain ownership and influence.
Authors/Creators: | Nilsson, Jerker | ||||
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Title: | Governance costs and the problems of large traditional co-operatives | ||||
Series Name/Journal: | Outlook on Agriculture | ||||
Year of publishing : | 2018 | ||||
Volume: | 47 | ||||
Page range: | 87 - 92 | ||||
Number of Pages: | 6 | ||||
Publisher: | Sage Journals | ||||
ISSN: | 0030-7270 | ||||
Language: | English | ||||
Publication Type: | Research article | ||||
Refereed: | Yes | ||||
Article category: | Scientific peer reviewed | ||||
Version: | Accepted version | ||||
Full Text Status: | Public | ||||
Subjects: | (A) Swedish standard research categories 2011 > 5 Social Sciences > 502 Economics and Business > Business Administration | ||||
Agrovoc terms: | cooperatives, agricultural cooperatives, economic systems | ||||
Keywords: | governance cost, traditional co-operative, co-operative conversion, hybrid co-operative, co-operative governance | ||||
URN:NBN: | urn:nbn:se:slu:epsilon-e-4967 | ||||
Permanent URL: | http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-e-4967 | ||||
Additional ID: |
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ID Code: | 15551 | ||||
Faculty: | NJ - Fakulteten för naturresurser och jordbruksvetenskap | ||||
Department: | (NL, NJ) > Dept. of Economics | ||||
Deposited By: | SLUpub Connector | ||||
Deposited On: | 16 Aug 2018 13:21 | ||||
Metadata Last Modified: | 09 Sep 2020 14:17 |
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