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The Emergence of Non-Traditional Cooperative Structures: Public and Private Policy Issues

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  • Chaddad, Fabio Ribas
  • Cook, Michael L.
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    Abstract

    This paper examines new agricultural cooperative organizational models from an ownership rights perspective. We argue that new cooperative organizational models differ in the way ownership rights are assigned to the economic agents tied contractually to the firm � members, patrons, and investors. The paper proposes a typology of discrete organizational models, in which the traditional cooperative structure and the investor-oriented firm are characterized as polar forms. Five non-traditional models are described and analyzed with implications to both private and public policy.

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    File URL: http://purl.umn.edu/31799
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    Bibliographic Info

    Paper provided by NCERA-194 Research on Cooperatives in its series 2003 Annual Meeting, October 29 with number 31799.

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    Date of creation: 2003
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    Handle: RePEc:ags:ncerth:31799

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    Related research

    Keywords: agricultural cooperatives; cooperative finance; ownership structure; property rights.; Agribusiness;

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    1. Fama, Eugene F, 1980. "Agency Problems and the Theory of the Firm," Journal of Political Economy, University of Chicago Press, vol. 88(2), pages 288-307, April.
    2. Grossman, Sanford J. & Hart, Oliver D., 1986. "The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration," Scholarly Articles 3450060, Harvard University Department of Economics.
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