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Advancing the Theory of Cooperative Organization: Interrogating the Developing Country Perspectives

Author

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  • Manas Ranjan Bhowmik

    (Ramakrishna Mission Vidyamandira, Kolkata (West Bengal, India))

Abstract

This paper attempts to theorize producers’ cooperatives as an organizational form in the context of developing countries, by using Williamson’s approach of comparative economic organizations. The idea of composite efficiency has been introduced here, by bringing in the notion of distributional efficiency. Detailed theorization of different types of organizations following the market-hierarchy continuum has been attempted. Institutional factors behind longevity, stability of cooperatives and logic behind coexistence of cooperatives along with hierarchical capitalist firms, by focusing on the Indian handloom weaving sector, have been theoretically established.

Suggested Citation

  • Manas Ranjan Bhowmik, 2020. "Advancing the Theory of Cooperative Organization: Interrogating the Developing Country Perspectives," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 9(1), pages 45-61.
    • Handle: RePEc:trn:csnjrn:v:9:i:1:p:45-61
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    More about this item

    Keywords

    Organizations; Cooperatives; Institutions; Transaction cost economics; Business administration;
    All these keywords.

    JEL classification:

    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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