In this study, we examine the costs of democratic control, an important factor affecting the competitiveness of traditional agricultural cooperatives. Although there has been some theoretical discussion about this issue, no empirical research has been done on these costs; the present study aims to bridge this gap. Following the literature, the main source of democratic costs in agricultural cooperatives is the level of member participation in cooperative governance. We have developed more specific theoretical insights about this special kind of decision-making cost by showing the effect of differences in the level of member participation on democratic costs, differences in terms of democratic and influence costs and in terms of agency costs, and differences between both direct and opportunity democratic costs. Members should take both the relative direct and opportunity costs within total democratic costs into account when determining the optimal size and composition of their board.
The main focus of this thesis is on how cooperatives can minimize both democratic and agency costs. In particular, the thesis examines how differences in the level of heterogeneity and member participation amongst cooperatives affect their management of these costs. The thesis is one of the first studies to empirically examine how cooperatives manage their decision making costs. The relationships amongst the key variables of the study are examined in three studies. First, we develop a measurement of heterogeneity based on a 'grouping' method, with the aim of showing the presence (absence) of a dominant group and the size of the minority group(s). Cooperatives are ranked from homogenous to more heterogeneous based on both cooperative and member characteristics. Five different types of cooperatives are identified. Based on these results, a model is developed that predicts a non-linear relation between heterogeneity and member participation. Second, we distinguish all conflicts of interests (horizontal, vertical and diagonal) which exist at the different levels of cooperative decision making. By doing so, we are able to obtain a more complete picture of the costs of cooperative decision making. We also examine a broader range of decision making costs than most studies, as both democratic and agency costs are considered. In the present thesis, we have contributed to the literature by developing the concept of democratic costs. We distinguish between both direct and opportunity costs for both types of decision making costs. In doing so, we draw attention to the fact that the mechanisms used to increase member participation are not without costs. Frequently, studies focus mainly on the benefits of increased member participation, thereby disregarding some of the costs associated with it. Moreover, the thesis indicates that there are differences in the relative importance of direct and opportunity agency costs: direct agency cost should be a smaller concern for cooperatives compared to exposure to high opportunity agency costs. With regard to opportunity costs, a further distinction is made between costs associated with over-and underrepresentation of member groups in the board of directors. We show that the relation between member participation in the board of directors and democratic costs is more complex than is often assumed in the literature. Compared to previous studies, we focus not only on board size, but also on board composition; i.e., which member groups the board represents. Finally, we show the difficulties cooperative face in minimizing (balancing) both democratic and agency costs.
The technological development that results from innovation can lead to considerable environmental impact. Yet, companies and other stakeholders have not done enough to develop strategies for minimizing waste management. The present study contributes to research in this area, by empirically examining the link between the management of technological innovation and sustainability. A case study was carried out to examine the extent to which there is strategic orientation towards both technological innovation and sustainability in a large public university in Brazil. The results show the importance of integrating sustainability activities within the organisation's corporate strategy: although the researched organisation had sufficient theoretical knowledge about waste management, the lack of an integrated strategy led to uncoordinated attempts at recycling within the university.
Este artigo compreende um estudo das abordagens de internacionalização praticadas pelos frigoríficos brasileiros sob as teorias econômicas, tendo como objetivos: (i) analisar: os modos de entrada no exterior; os motivos econômicos de internacionalização sob o impacto dos diferentes ambientes institucionais; o grau de diversificação ou especialização possibilitado pelos investimentos realizados no exterior; como a coordenação da firma é organizada no exterior; (ii) verificar a aderência dos processos de internacionalização dos frigoríficos brasileiros com as teorias econômicas de internacionalização. As principais conclusões foram de que os processos de internacionalização dos frigoríficos brasileiros corroboram não só a teoria econômica de Dunning (1993), que sugere a busca de mercados, ativos, recursos e eficiência; e o Paradigma Eclético (DUNNING, 1980), que alude para a busca de três tipos de vantagens: propriedade, localização e internalização, principalmente, mas também confirmam as teorias de Hymer (1968), Aliber (1970), McManus (1972), Knickerbocker (1973), Buckley e Casson (1976), Grahan (1998).
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