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The Governance’s Impact on the Decline of the Romanian Cooperative Sector

Manea Marinela – Daniela ()
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Manea Marinela – Daniela: Valahia University of Târgoviste, Faculty of Economics

Ovidius University Annals, Economic Sciences Series, 2015, vol. XV, issue 1, 290-294

Abstract: Taking into account the direction of the consumer cooperatives after 1989 and the decline registered as a consequence of a sum of factors – the decentralization of the control activity, the lack of interest of the local and central authorities in supporting the cooperative’s activity, the sideslips of our own legislation, which allowed the alienation of many cooperative’s patrimony etc – this paper sets out to analyze what was the governance’s impact on the de facto situation currently registered in that sector.

Keywords: consumer cooperatives; governance; indivisible reserve; divisible reserve. (search for similar items in EconPapers)
JEL-codes: G34 J54 (search for similar items in EconPapers)
Date: 2015
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