Two Vignettes Regarding Boards in Cooperatives Versus Corporations
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.
|Publisher||Springer International, New York etc.|
|Persistent URL||dx.doi.org/10.1007/1-4020-5543-0_8, hdl.handle.net/1765/15774|
Hendrikse, G.W.J.. (2007). Two Vignettes Regarding Boards in Cooperatives Versus Corporations. Springer International, New York etc.. doi:10.1007/1-4020-5543-0_8