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El gobierno democrático en las organizaciones cooperativas


  • Roger Spear

    () (Universidad Abierta de Milton Keynes (Reino Unido))


This paper considers issues of governance in democratic member-based organisations (DMOs), such as co-operatives and mutual societies. It examines the processes whereby members’ interests are mediated through the democratic process, and the board; and it explores some of the factors influencing the power of managers.

Suggested Citation

  • Roger Spear, 2004. "El gobierno democrático en las organizaciones cooperativas," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 48, pages 11-30, April.
  • Handle: RePEc:cic:revcir:y:2004:i:48:p:11-30

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    References listed on IDEAS

    1. Shleifer, Andrei & Vishny, Robert W., 1989. "Management entrenchment : The case of manager-specific investments," Journal of Financial Economics, Elsevier, vol. 25(1), pages 123-139, November.
    2. Melinda Muth & Lex Donaldson, 1998. "Stewardship Theory and Board Structure: a contingency approach," Corporate Governance: An International Review, Wiley Blackwell, vol. 6(1), pages 5-28, January.
    3. Humphry Hung, 1998. "A typology of the theories of the roles of governing boards," Corporate Governance: An International Review, Wiley Blackwell, vol. 6(2), pages 101-111, April.
    4. 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.
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    Cited by:

    1. Antoni Seguí Alcaraz, 2012. "Cajas de ahorros: un modelo de compromiso con la sociedad
      [Savings banks and society: a model of commitment to society]
      ," REVESCO: Revista de estudios cooperativos, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Escuela de Estudios Cooperativos, issue 107, pages 155-185.
    2. Mersland, Roy, 2009. "The Cost of Ownership in Microfinance Organizations," World Development, Elsevier, vol. 37(2), pages 469-478, February.

    More about this item


    Governance; co-operatives; members; participation; management; democracy.;

    JEL classification:

    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms
    • M19 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Other
    • P13 - Economic Systems - - Capitalist Systems - - - Cooperative Enterprises


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