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This updated edition on co-operative law shows how political change and several new trends have affected co-operative legislation. These trends include: economisation and approximation of co-operative law to company law; development of uniform legal designs for special matters like bookkeeping, audit, and merger across legal patterns and national boundaries; the revised co-operative principles of the International Co-operative Alliance; the growing difference between small and large co-operatives; and heterogeneous membership and extended solidarity. (Series: Economy: Research and Science / Wirtschaft: Forschung und Wissenschaft, Vol. 33) [Subject: Cooperative Law, Commercial Law]
The degree of development reached by cooperatives of different sectors throughout the world, which among others led to the UN declaring 2012 as the International Year of Cooperatives, needs to be accompanied by a similar development of corresponding legislation. To this end, a better knowledge of cooperative law from the comparative point of view, as has already been established for other types of enterprises, becomes of great importance. This book strives to fill this gap, and is divided into four parts. The first part offers an analytic and conceptual framework with which to understand, study and assess cooperative law from a transnational and comparative perspective. The second part includes several chapters dealing with attempts to harmonize cooperative laws. The third part contains an overview of more than 30 national cooperative laws, while the last part summarizes and compares these national cooperative laws, thus laying the foundation for a comparative cooperative law doctrine.
This book contributes to the development of literature on cooperative law while paying tribute to Hagen Henrÿ’s significant impact on this field at a global scale. Hagen Henrÿ is one of the most influential scholars in the field of cooperative law. His primary contribution has been in the area of public international cooperative law. His other areas of scientific interest include development law and comparative law. This honorary volume is focused on two main axes -- the essence of cooperatives as well as their activities and their governance. The contributions throw light on how these two axes are addressed by cooperative legislation across countries, regions and continents. In the varied perspectives that the contributions put together, both a theoretical and practical approach, the authors address central, current and crucial issues for the development of cooperative law. The book is a great resource for researcher scholars, as well as policy makers and industry players interested in the topic.
The Oxford Handbook of Mutuals and Co-Owned Business investigates all types of 'member owned' organizations, whether consumer co-operatives, agricultural and producer co-operatives, worker co-operatives, mutual building societies, friendly societies, credit unions, solidarity organizations, mutual insurance companies, or employee-owned companies. Such organizations can be owned by their consumers, the producers, or the employees - whether through single-stakeholder or multi-stakeholder ownership. This complex set of organizations is named differently across countries: from 'mutual' in the UK, to 'solidarity cooperatives' in Latin America. In some countries, such organizations are not even officially recognized and thus lack a specific denomination. For the sake of clarity, this Handbook will refer to member-owned organizations to encompass the variety of non-investor-owned organizations, and in the national case study chapters the terms used will be those most widely employed in that country. These alternative corporate forms have emerged in a variety of economic sectors in almost all advanced economies since the time of the industrial revolution and the development of capitalism, through the subsequent creation and dominance of the limited liability company. Until recently, these organizations were generally regarded as a rather marginal component of the economy. However, over the past few years, member-owned organizations have come to be seen in some countries, at least, as potentially attractive in light of their ability to tackle various economic and social concerns, and their relative resilience during the financial and economic crises of 2007-2013.
This book assesses the Statute for a European Cooperative Society (SCE) regarding agricultural activities by comparing how specific questions arising in this context must be dealt with under the Italian and Austrian legal systems. In this regard, Council Regulation (EC) No. 1435/2003, of 22 July 2003, on the Statute for a European Cooperative Society (SCE), is used as a tool for the structured analysis of various aspects of agricultural cooperatives. However, a comparison is only meaningful if the results are made comparable on the basis of a previously defined standard. Accordingly, the study uses, on one hand, a cooperative model developed by European legal scholars that defines general guidelines on how cooperatives should function (PECOL). On the other, the results are presented in connection with economic considerations to discuss how efficient rules can be developed.
In times of globalisation, locally rooted co-operatives become more important. With transparent structures, member-support, and the mandate of member-promotion, they can build on the trust of their members through self-elected leadership and in the system. Being part of an integrated co-operative system, co-operatives can combine advantages of closeness to members with benefits of large scale enterprises. The present book combines the experience of three specialists from the fields of economic and agrarian policy, law of organisations, and business administration, all having thorough knowledge of co-operative theory and practice. It shows how "Our Co-op" is functioning and what co-operators should know about their organization. (Series: ?Economy: Research and Science / Wirtschaft: Forschung und Wissenschaft, Vol. 38) [Subject: Economics]
Seeking an ethical formula that would prove useful for evaluating actions and events occurring in the sphere of business and economics, the author focuses on dialogue. The need for dialogue is justified by the fact that interlocutors share a conviction that the relationship between them is valuable. Although the manner for assessing business experiences in the proposed formula is narrowed down to the interactive criterion of fairness, this criterion is sufficient for enabling partners to agree, or for them to reach a consensus. It reveals to them the ethically and praxeologically destructive effects of refusing to exchange information about their own accomplishments and plans and, sometimes, the consequences of refusing to accept responsibility for the process of others taking on the role of business partners.