Agreeing to disagree: when cooperative governance is best

Richard Meade

No 375602, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: In popular theory, cooperative organisations are the poor relations of vastly superior investor-owned firms (IOFs). They are seen as less innovative, poorly governed, and bound by financing constraints that arise from their traditionally non-tradable and non-market-valued ownership rights. Yet a closer look at the theory and evidence on these matters paints a very different picture - as Richard Meade explains.

Date: 2006-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:375602

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