Corporate Governance and the Mondragón Cooperatives

Surroca, Jordi; García‐Cestona, Miguel A.; Santamaría, Lluís

doi:10.2753/jmr1536-5433040202

Cited by 10 publications

(8 citation statements)

References 25 publications

(36 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Una de las líneas de estudio de este postulado, estudia las implicaciones sobre los resultados de la distinta naturaleza de las empresas ya sean capitalistas, cooperativas, entidades no lucrativas o mutuales. Como resultado de diferentes estudios en este campo, se afirma que las desventajas de las cooperativas son más teóricas que reales, e incluso presentan ventajas cuando son comparadas con las sociedades capitalistas (Surrroca, García, & Santamaría, 2006) Entre los estudios de competitividad en el sector cooperativo que se destacan cronológicamente se encuentran los trabajos de Caballer, Julià y Segura (1987), quienes realizaron un análisis empresarial de las cooperativas agrarias valencianas. Simón y Alonso (1995), quienes hicieron un estudio sobre la estructura económico-financiera de las cooperativas agrarias de la Comunidad de Navarra, llegando a determinar factores de competitividad relacionados con la rentabilidad y el crecimiento.…”

Section: Se Promulga La Ley 454 De 1998unclassified

Desafíos de la competitividad en el contexto colombiano del sector cooperativo

Varon

Rodríguez-Barrero

Buitrago-Mejía³

2019

revista

View full text Add to dashboard Cite

Este artículo es presentado como resultado del proyecto de investigación "Impacto socio-económico del sector financiero cooperativo en la economía social de la región (Tolima - Colombia)", desarrollado por el Grupo de Investigación Planaudi de la Universidad Cooperativa de Colombia, Sede Ibagué, Programa de Contabilidad Pública, financiado por el Comité para el desarrollo de la investigación Conadi. El proyecto se enmarca en las líneas de contabilidad, gestión e innovación y también en el sector social cooperativo y solidario. La investigación permite determinar el nivel de competitividad del sector cooperativo en Ibagué, y el análisis de la literatura permite ampliar su discusión a nivel nacional. Para obtener la información, se aplicó un instrumento estructurado de objetivo claro, denominado Matriz de competitividad, diseñado con base en la Norma Técnica de Calidad ISO-6001 de 2008. El enfoque de investigación es cuantitativo y su alcance es descriptivo, dada la profundidad del análisis de la variable objeto de estudio. El instrumento se aplicó a 63 cooperativas en Ibagué, seleccionados de acuerdo con la información proporcionada por la Cámara de Comercio de la ciudad ya mencionada. Los resultados obtenidos de la aplicación de la matriz de competitividad nos permiten concluir que las empresas del sector cooperativo de Ibagué se encuentran en un nivel de competitividad del 75%, con una calificación de 3.73 teniendo en cuenta una escala de 0 a 5. Al evaluar los procesos de gestión, se encontró un nivel de competitividad del 73%, correspondiente a una calificación de 3.65. En los procesos operativos, el resultado fue de 3.69 con un nivel de 74% y en los procesos de soporte fue de 3.86, lo que representa el 77% del nivel de competitividad.

show abstract

Section: Se Promulga La Ley 454 De 1998unclassified

Desafíos de la competitividad en el contexto colombiano del sector cooperativo

Varon

Rodríguez-Barrero

Buitrago-Mejía³

2019

revista

View full text Add to dashboard Cite

show abstract

“…The corporate governance of a cooperative consists of designing mechanisms and setting up institutions that encourage workers to define a goal that maximizes workers wealth or welfare (first level of governance) and, further-more, induces managers to internalize such goals (second level of governance). (Surroca, García-Cestona, & Santamaria, 2006).…”

Section: Good Corporate Governancementioning

confidence: 99%

Implementation of Good Corporate Governance to the Value of Cooperative Company

Dasuki¹,

Lestari²

2019

JEES

View full text Add to dashboard Cite

Cooperative business is directly related to the improve the business and welfare of members, so that with good supervision will have a high beneficial impact for members. Cooperative development policy should give priority to quality of cooperatives, to produces quality cooperatives required good supervision. This research was used qualitative research with description method. Implementation of Good Corporate Governance encourages cooperative management in conducting savings and loan activities effectively and efficiently by taking into account the principles of cooperatives and prudential principles so that the cooperative assessment is transparent, accountable and responsive. Principles of Good Corporate Governance required by cooperatives to achieve business sustainability. Management of cooperatives can be done effectively and with the implementation of Good Corporate Governance the performance of cooperatives can be increased and improve service to the member. Cooperative development policy should give priority to quality of cooperatives, to produce quality cooperatives required good supervision This study is one of stage for conducting cooperative business performance research in relation to the creation of value of firm and share holder equity, financed by Kemenristek Dikti – Indonesia .

show abstract

“…While member participation is realized by decision making at the general meeting in principle, most of decision making is enacted actually by BODs with delegated authority. As the scale of co‐operatives is growing, agreement of goals among members becomes important in the governance of co‐operatives (Surroca et al ). So BODs should try to communicate with their cooperative members to understand their needs and establish agreed goals and then to reflect them into decision making.…”

Section: Literature Reviewmentioning

confidence: 99%

Does the Effectiveness of Board of Directors Affect Firm Performance of Consumer Co-Operatives? The Case of Icoop Korea

Choi

Woo-Suk

Jang

et al. 2014

Annals of Public and Cooperative Economics

View full text Add to dashboard Cite

Consumer co-operatives in Korea have been growing rapidly since they launched their own shops. If co-operatives would be too much oriented to enlargement or economic growth, they might easily pay no attention to members' participation which is one of the priorities in co-operatives. It could lead to losing the value of co-operatives. So it is important to adjust the balance between members' participation and economic growth. This paper focuses on the role of board of directors in doing that. It aims to examine how effectiveness of the board influences members' participation and the participation has effect on performance of co-operatives in the case of iCOOP Korea. The variables such as communication with members and usage of management skills and knowledge are employed as measures of the effectiveness of the board in decision-making process. The data are collected by survey the respondents of which are 222 directors of 30 primary co-operatives. It is analyzed by Structural Equation Model. The findings of the research are as follows. Firstly, communication of the board with members increases the members' democratic participation, and the increased participation contributes to improving the financial performance. Secondly, management skills and knowledge of the board does not have significant relations with the level of members' participation, even though members' economic participation has significantly positive relation with the financial performance. The findings imply that members' voluntary participation will be increased when boards of co-operatives try to reflect members' needs in the decision making processes, and it can help the co-operatives improve their financial performance. It suggests a clue for the trade-off between the value of co-operatives and growth of business which many co-operatives are trying to resolve.Les coopératives de consommation se sont fortement développées en Corée depuis qu'elles ont ouvert leurs propres magasins. Les coopératives trop orientées vers le développement ou la croissance

show abstract

Corporate Governance and the Mondragón Cooperatives

Cited by 10 publications

References 25 publications

Desafíos de la competitividad en el contexto colombiano del sector cooperativo

Desafíos de la competitividad en el contexto colombiano del sector cooperativo

Implementation of Good Corporate Governance to the Value of Cooperative Company

Does the Effectiveness of Board of Directors Affect Firm Performance of Consumer Co-Operatives? The Case of Icoop Korea

Contact Info

Product

Resources

About