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The Governance of cooperatives and mutual associations: a paradox perspective

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  • Chris Cornforth
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    Abstract

    This paper presents a new theoretical framework for understanding the governance of co-operative and mutual organisations. The theoretical literature on the governance of co-operatives is relatively undeveloped in comparison with that on corporate governance. The paper briefly reviews some of the main theoretical perspectives on corporate governance and discusses how they can be usefully extended to throw light on the governance of co-operatives and mutuals. However, taken individually these different theories are rather one dimensional, only illuminating a particular aspect of the board's role. This has lead to calls for a new conceptual framework that can help integrate the insights of these different theories. The paper argues that a paradox perspective offers a promising way forward. Contrasting the different theoretical perspectives highlights some of the important paradoxes, ambiguities and tensions that boards face. Copyright CIRIEC, 2004.

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    Bibliographic Info

    Article provided by Wiley Blackwell in its journal Annals of Public & Cooperative Economics.

    Volume (Year): 75 (2004)
    Issue (Month): 1 (03)
    Pages: 11-32

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    Handle: RePEc:bla:annpce:v:75:y:2004:i:1:p:11-32

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    Cited by:
    1. Sagebiel, Julian & Müller, Jakob R. & Rommel, Jens, 2013. "Are Consumers Willing to Pay More for Electricity from Cooperatives? Results from an Online Choice Experiment in Germany," MPRA Paper 52385, University Library of Munich, Germany.
    2. Adel Elgharbawy & Magdy Abdel-Kader, 2013. "Enterprise governance and value-based management: a theoretical contingency framework," Journal of Management and Governance, Springer, vol. 17(1), pages 99-129, February.
    3. Ton, Giel & Vellema, Sietze & DeRuyterDeWildt, Marieke, 2011. "Credible evidence on complex change processes: key challenges in impact evaluation on agricultural value chains," MPRA Paper 32027, University Library of Munich, Germany.
    4. Mersland, Roy, 2009. "The Cost of Ownership in Microfinance Organizations," World Development, Elsevier, vol. 37(2), pages 469-478, February.
    5. Vandeplas, Anneleen, 2011. "Multinationals or Cooperatives: Does it Matter to Farmers? - A Study of the Dairy Sector in Punjab (India)," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 115545, European Association of Agricultural Economists.
    6. Giuseppe Marcon & Lorenzo Dorigo, 2012. "Stakeholder theory and care management: An inquiry into social enterprises," Working Papers 21, Department of Management, Università Ca' Foscari Venezia.
    7. Franken, Jason R.V. & Cook, Michael L., 2013. "Impact of Board Structure and Process on Cooperative Performance," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 149420, Agricultural and Applied Economics Association.
    8. Bijman, W.J.J. & Hendrikse, G.W.J. & van Oijen, A.A.C.J., 2012. "Accommodating Two Worlds in One Organization: Changing Board Models in Agricultural Cooperatives," ERIM Report Series Research in Management ERS-2012-015-ORG, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    9. Anaïs A Périlleux, 2010. "Maturity Mismatch and Governance of Microfinance Cooperatives: Lessons from History," Working Papers CEB 10-005.RS, ULB -- Universite Libre de Bruxelles.
    10. Axelle Faure-Ferlet & Sonia Capelli & William Sabadie, 2014. "Co-operative firms as perceived by external stakeholders: how do consumers perceive organizational tensions?," Post-Print halshs-00987840, HAL.
    11. Sacchetti, Silvia & Tortia, Ermanno, 2012. "The internal and external governance of cooperatives: the effective membership and consistency of value," AICCON Working Papers 111-2012, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    12. Benjamin Huybrechts, 2010. "Fair Trade Organizations in Belgium: Unity in Diversity?," Journal of Business Ethics, Springer, vol. 92(2), pages 217-240, April.
    13. Wim Fonteyne, 2007. "Cooperative Banks in Europe," IMF Working Papers 07/159, International Monetary Fund.
    14. Bernardi, Andrea, 2007. "The Cooperative Organization: Economic, Organisational and Policy Issues," AICCON Working Papers 42-2007, Associazione Italiana per la Cultura della Cooperazione e del Non Profit.
    15. Odile Paulus & Christophe Lejeune, 2013. "What do board members in art organizations do? A grounded theory approach," Journal of Management and Governance, Springer, vol. 17(4), pages 963-988, November.
    16. Saïsset, L.A. & Couderc, J.P., 2013. "Les trois dimensions de la gouvernance coopérative : à la recherche d'un équilibre instable. Le cas des caves coopératives en Languedoc-Roussillon [France]," Working Papers MOISA 201302, UMR MOISA : Marchés, Organisations, Institutions et Stratégies d'Acteurs : CIHEAM-IAMM, CIRAD, INRA, Montpellier SupAgro, IRD - Montpellier, France.
    17. Miguel Cunha & Arménio Rego & Antonino Vaccaro, 2014. "Organizations as Human Communities and Internal Markets: Searching for Duality," Journal of Business Ethics, Springer, vol. 120(4), pages 441-455, April.

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