Modes of governance in the mutualist control: The case of agricultural co-operatives (In French)
AbstractThis article focuses on the exercise of mutualist control from a statistical inquiry about agri-food groups. Under mutualist control, financial relations between firms are not only the concern of the influence capacity but also of the activity commitment. Illustrated by the construction of a data base, the paper highlights the necessity to take into account minority links and joint control in order to understand the clustering dynamics. The increasing of firms embeddedness during last period hides the strong power concentration into a few numbers of companies. This concentration of mutualist control which is related to a density of links, raises the problem of owner associate in a corporate governance.
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Bibliographic InfoPaper provided by Groupement de Recherches Economiques et Sociales in its series Cahiers du GRES with number 2003-12.
Date of creation: 2003
Date of revision:
co-operatives; financial links; group; agri-food industry; power; joint control; governance;
Find related papers by JEL classification:
- C81 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Methodology for Collecting, Estimating, and Organizing Microeconomic Data; Data Access
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- P13 - Economic Systems - - Capitalist Systems - - - Cooperative Enterprises
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
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