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Two Vignettes Regarding Boards in Cooperatives Versus Corporations

In: Vertical Markets and Cooperative Hierarchies

Author

Listed:
  • George Hendrikse

    (RSM Erasmus University, Erasmus University)

Abstract

This article addresses two observations regarding the board of directors in agricultural cooperatives. First, it is sometimes stated that cooperatives seem to behave like ordinary enterprises. Second, it is argued that cooperatives may have advantages compared to corporations with publicly exchanged shares. These observations are analyzed from complete as well as incomplete contracting theory.

Suggested Citation

  • George Hendrikse, 2007. "Two Vignettes Regarding Boards in Cooperatives Versus Corporations," Springer Books, in: Vertical Markets and Cooperative Hierarchies, chapter 0, pages 137-150, Springer.
    • Handle: RePEc:spr:sprchp:978-1-4020-5543-0_8
    DOI: 10.1007/1-4020-5543-0_8
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    Citations

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    Cited by:

    1. Feng, L. & Hendrikse, G.W.J., 2011. "Chain Interdependencies, Measurement Problems, and Efficient Governance Structure: Cooperatives versus Publicly Listed Firms," ERIM Report Series Research in Management ERS-2011-001-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.
    2. Hakelius, Karin & Hansson, Helena, 2016. "Members’ attitudes towards cooperatives and their perception of agency problems," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 19(4), October.
    3. Grashuis, Jasper & Cook, Michael, 2016. "Governance and Performance in the U.S. Agri-Food Industry: A Comparative Study of Firms and Cooperatives," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235676, Agricultural and Applied Economics Association.
    4. Iliopoulos, C. & Hendrikse, G.W.J., 2008. "Influence Costs in Agribusiness Cooperatives: Evidence from Case Studies," ERIM Report Series Research in Management ERS-2008-040-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.
    5. Banaszak, Ilona, 2009. "Determinanty Sukcesu Współpracy Na Rynkach Rolniczych Na Przykładzie Grup Producentów Rolnych W Polsce," Village and Agriculture (Wieś i Rolnictwo), Polish Academy of Sciences (IRWiR PAN), Institute of Rural and Agricultural Development, vol. 1(142).
    6. Karin Hakelius & Jerker Nilsson, 2020. "The Logic behind the Internal Governance of Sweden’s Largest Agricultural Cooperatives," Sustainability, MDPI, vol. 12(21), pages 1-19, October.
    7. Liang, Q.X. & Hendrikse, G.W.J., 2012. "Cooperative CEO Identity and Efficient Governance: Member or Outside CEO?," ERIM Report Series Research in Management ERS-2012-019-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.
    8. Peter Österberg & Jerker Nilsson, 2009. "Members' perception of their participation in the governance of cooperatives: the key to trust and commitment in agricultural cooperatives," Agribusiness, John Wiley & Sons, Ltd., vol. 25(2), pages 181-197.
    9. Ramanauskas Julius & Stašys Rimantas & Contò Francesco, 2017. "The Main Obstacles and Possibilities of the Cooperative Movement in Lithuania," Management of Organizations: Systematic Research, Sciendo, vol. 77(1), pages 101-117, June.

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