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State Cooperative Statutes – Conflict of Cooperative Concept with Efficiency

Published online by Cambridge University Press:  10 May 2017

Terence J. Centner*
Affiliation:
Department of Agricultural Economics, University of Georgia, Athens
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Abstract

Cooperative statutory provisions that provide for democratic membership control provide limitations affecting the management of cooperatives. Management provisions concerning membership requirements for directors and officers, amendments to articles of incorporation, and removal of officers may unduly restrict the management of cooperatives and contribute to the poor economic performance of Northeastern cooperatives. Minor statutory changes, or changes of a cooperative's articles or by laws, may help improve the performance of these business operations.

Type
Contributed Papers
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

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