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The Changing Values of the Cooperative and Its Business Focus

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  • Abigail M. Hind

Abstract

This paper examines the range of objectives open to cooperative businesses and assesses the change in organizational focus over time through the semantic analysis of historical annual reports of seven agricultural cooperative businesses. The findings indicated that, although there was a positive relationship between business age and increasing corporate, as opposed to member, orientation, this phenomenon is not inevitable for all organizations. The results also offered evidence that some of the change in business focus is generated by the internal dynamics of the business rather than from external factors such as competition and economic trends. Copyright 1997, Oxford University Press.

Suggested Citation

  • Abigail M. Hind, 1997. "The Changing Values of the Cooperative and Its Business Focus," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1077-1082.
  • Handle: RePEc:oup:ajagec:v:79:y:1997:i:4:p:1077-1082
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    File URL: http://hdl.handle.net/10.2307/1244265
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    Cited by:

    1. Liang, Qiao & Huang, Zuhui & Lu, Haiyang & Wang, Xinxin, 2015. "Social Capital, Member Participation, and Cooperative Performance: Evidence from China’s Zhejiang," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 18(1), pages 1-30, February.
    2. Wendong Deng & George Hendrikse & Qiao Liang, 2021. "Internal social capital and the life cycle of agricultural cooperatives," Journal of Evolutionary Economics, Springer, vol. 31(1), pages 301-323, January.
    3. Sadowski, Bert M., 2017. "Consumer cooperatives as an alternative form of governance: The case of the broadband industry," Economic Systems, Elsevier, vol. 41(1), pages 86-97.
    4. Liyan Yu & Jerker Nilsson, 2019. "Social Capital and Financial Capital in Chinese Cooperatives," Sustainability, MDPI, vol. 11(8), pages 1-15, April.
    5. Lind, Lena W., 2011. "The Demutualization of a Cooperative - Swedish Meats," 2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland 114382, European Association of Agricultural Economists.
    6. Li, Feng & Hendrikse, George W.J., 2009. "CEO Compensation in Cooperatives versus Publicly Listed Firms," 2009 Conference, August 16-22, 2009, Beijing, China 51619, International Association of Agricultural Economists.
    7. Gabriel J. Power & Victoria Salin & John L. Park, 2012. "Strategic options associated with cooperative members' equity," Agricultural Finance Review, Emerald Group Publishing, vol. 72(1), pages 48-67, March.
    8. Fulton, Murray E. & Gibbings, Julie, 2000. "Response And Adaption: Canadian Agricultural Co-Operatives In The 21st Century," Miscellaneous Publications 31768, University of Saskatchewan, Centre for the Study of Co-operatives.
    9. Yevhen Baranchenko & David Oglethorpe, 2012. "The Potential Environmental Benefits of Co‐Operative Businesses Within the Climate Change Agenda," Business Strategy and the Environment, Wiley Blackwell, vol. 21(3), pages 197-210, March.
    10. 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.
    11. Hagerman, Amy D. & Leatham, David J. & Park, John L., 2005. "Impact of Perceptions and Practices on the Financial Performance of Texas Cooperatives," 2005 Agricultural and Rural Finance Markets in Transition, October 3-4, 2005, Minneapolis, Minnesota 132753, Regional Research Committee NC-1014: Agricultural and Rural Finance Markets in Transition.
    12. Fulton, Murray & Larson, Kathy A., 2009. "Overconfidence and Hubris: The Demise of Agricultural Co-operatives in Western Canada," Journal of Rural Cooperation, Hebrew University, Center for Agricultural Economic Research, vol. 37(2), pages 1-35.

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