2016
DOI: 10.1111/apce.12123
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Governance of Production Co‐operatives in Russian Agriculture

Abstract: Many Soviet kolkhozy and sovkhozy were transformed into agricultural production co-operatives, because the farm workers would have had large transaction costs in any other type of organisation. These co-operatives still hold a strong market position. This study explores the hypothesis that this market strength could be due to low governance costs, obtained through strong manager power. As managers want the co-operative to survive, they make limited investments in the co-operative and pay low wages. The members… Show more

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Cited by 13 publications
(9 citation statements)
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“…The insider free‐rider problem (or Common‐Property Problem in Jensen and Meckling ) results from new members obtaining the same patronage and residual rights as existing members (see also Nilsson et al. ). As residual claims are non‐tradable a potential intergenerational conflict arises.…”
Section: Specifying the Dimensions Of Member Heterogeneitymentioning
confidence: 99%
“…The insider free‐rider problem (or Common‐Property Problem in Jensen and Meckling ) results from new members obtaining the same patronage and residual rights as existing members (see also Nilsson et al. ). As residual claims are non‐tradable a potential intergenerational conflict arises.…”
Section: Specifying the Dimensions Of Member Heterogeneitymentioning
confidence: 99%
“…Therefore, we conclude that cooperative membership may represent a way of ensuring small farmers against the hardships of structural change (Nilsson et al. ).…”
Section: Discussionmentioning
confidence: 72%
“…При этом акцент на нерыночных (экологических и социальных) результатах означает переход от традиционной производственной поддержки к нетривиальным направлениям помощи, учитывающим многофункциональные стратегии аграрной деятельности. В результате этого возникают дискуссии о направлениях государственного регулирования аграрного сектора, диапазоне и формах компенсаций аграрным кооперативам за оказание нетоварных (экологически и социально важных) услуг, роли общественных преференций как в спецификации феномена сельскохозяйственных кооперативных организаций, так и в определении направлений аграрной политики в отношении их деятельности [9].…”
Section: выводы рекомендацииunclassified