Fisheries self-governance: corporate or cooperative structures?
Ralph E Townsend
Marine Policy, 1995, vol. 19, issue 1, 39-45
Abstract:
The concept of self-governance of fisheries resources has implicitly assumed that self-governance would be democratic in structure. This concept of self-governance is a patterned on the democratic governance of cooperatives. The present analysis argues for a corporate concept of fisheries self-governance. A corporate governance structure provides a vehicle for effective joint decision-making by producers, but avoids the inefficient longrun incentives created by a cooperative governance structure.
Date: 1995
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Persistent link: https://EconPapers.repec.org/RePEc:eee:marpol:v:19:y:1995:i:1:p:39-45
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