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Co-operative and mutual enterprise is one of the oldest and most enduring forms of business, encompassing co-operatives, mutual firms, friendly societies, and credit unions. This book provides an expert overview of contemporary research in this important field. Governments around the world have encouraged the development of co-operative and mutual enterprises (CMEs), yet relatively little attention has been given to them within the mainstream business and economics research literature. In this book, the author summarises the origins, impacts, and structure of the research field. The book does so by focusing on the CME business model and is structured around a conceptual framework for research into CMEs. It also explores the historical evolution of the CME research field and presents a systematic review of the literature. Foundation theories relevant to CMEs are discussed before detailed discussions of the research from a systems, enterprise, and member level perspective. This book critically analyses the state of knowledge in the field of CMEs which delivers a concise and valuable book for scholars and students in the fields of business and management around the world.
This incisive Handbook provides a global update on the state of knowledge in cooperatives and mutuals, expertly describing future directions for research and education. Showcasing extensive discussions of cooperative theory, Matthew S. Elliott and Michael A. Boland, and the contributors, assess cooperatives' social, economic and environmental effects and analyse the impact of regional and cultural features that make cooperatives unique.
This book discusses social innovations by cooperatives from the Asia and Pacific region. Social innovations emerge when the state and market in developing countries find it difficult to solve problems such as poverty, hunger, ill health, poor education systems, inadequate drinking water and poor sanitation. These countries also face barriers to economic growth such as climate change, poor governance, unequal opportunities and social exclusion. This volume therefore addresses the following questions. What are the distinctive features of social innovations by cooperatives? How social innovations bring in changes in the process and outcome of development? After presenting theories of social innovation and a critical review of cooperatives and social innovation, the book presents 15 chapters on social innovations by cooperatives in the Asia Pacific region. These social innovations are related to health insurance, community based tourism, disaster response, climate smart agriculture, use of social media for youth empowerment, training for the emergence of second-line leaders in cooperatives, social inclusion through innovative finance, profitable marketing of organic produce to strengthen economic status of small farmers, digital auction and value addition for income security of farmer members, collaboration between cooperative members and workers for the mutual benefit, worker cooperatives, women leadership and participation, building union-cooperative partnership in finance and rating of cooperatives to promote transparency and accountability. A chapter on innovative services of cooperatives during the time of Covid19 is also included. This volume will be quite significant for co-operators, researchers, teachers, practitioners and policy-makers at the global level. The theme is relevant for international development community and national cooperatives with concern for their communities, which is the seventh cooperative principle of International Cooperative Alliance and the Sustainable Development Goal of the UN.
The Development and Management of Cooperatives focus on cooperatives from the Malaysian perspective. The book not only offers a comprehensive overview of the development of cooperatives in Malaysia but also highlights the strengths and weaknesses of these organizations. Additionally, in view of their strengths and weaknesses, the book proposes the adoption of strategic management among cooperatives to ensure their sustainability. Importantly, the book explains how to develop the management knowledge and skills needed to overcome the problems and challenges faced by the cooperatives. The book consists of eight chapters. Each of the chapters in the book emphasizes a specific topic that is not only relevant but of concern to the cooperatives. As a whole, this book provides insightful information concerning the issues that can help readers to not only better understand cooperatives as organizations but also how to manage them more efficiently and effectively. Since the book addresses various developmental and managerial issues of importance to cooperatives, it serves as a useful reference text for students studying cooperatives, management of cooperatives, and policymakers responsible for fostering the management, development as well as growth of cooperatives.
This book focuses on the development of Micro, Small and Medium Enterprises (MSMEs) in Indonesia based on various primary and secondary field surveys. In doing so, the book provides a regional comparison of countries in Asia- Pacific, covering issues such as employment generation, formation of gross domestic product (GDP), export development, development constraints, productivity, and investment. To achieve this, the book analyzes the role of partnerships between MSMEs such as large companies, banks and government institutions, and the role of cooperatives. It also includes studies on women’s entrepreneurship in Indonesia, and also explores the crisis mitigating measures (CMMs) widely adopted by MSMEs affected by financial crises in the past. Finally, the book also examines the development of financial technology (FinTech), and in particular peer-to-peer (P2P) lending and how this can serve as an alternative source of funding for MSMEs in Indonesia. Aspects of this book would be useful to students, researchers, practitioners, and also those interested in economic-related sustainable development goals (SDGs), given the importance the United Nations (UN) has assigned to MSMEs for taking a lead in employment creation, and poverty eradication.
Malaysia’s Taxation System: Contemporary Practices, Issues and Future Direction offers a clear and concise analysis of Malaysia’s taxation system in terms of its origin and its adaptation to changing economic and social conditions. With unique insights from experienced legal, accounting, and tax practitioners and eminent academics, this book highlights the need for a holistic review of the taxation system going forward as the country strives for high-income status in the near future.
Research in Corporate and Shari'ah Governance in the Muslim World: Theory and Practice aims to address a critical disciplinary gap between Islamic theory and the practice of the corporate sector in the Muslim World. Adopting a critical approach, the book sheds light on the impact of corporate governance on the economies of the Muslim world.
The 25 years leading up to the international financial crisis have been depicted as ‘capitalism unleashed’, containing deregulation, privatisation, demutualisation and financialisation. Yet remarkably, given this economic and political context, co-operatives and mutuals appear to have been gaining ground in many countries, albeit modestly, even before the international financial crisis and the resulting global recession, from which the global economy is still only slowly recovering. The 2007-2008 international financial crisis called into question how appropriate the shareholder-owned model is, certainly if it is allowed to dominate the financial services sector. However the International Co-operative Alliance is determined to make the mutual and co-operative sector of the economy a dynamic, sustainable and increasingly important sector of the global economy. This book looks at the contribution of co-operative, mutual and employee-owned firms to the Asia Pacific economy - both currently and prospectively – and the challenges the standard ‘Western’ model faces regarding employment and output. It also looks at the role of Governments, the nature of co-operatives in China and the role of the state, and the future prospects for cross-border growth of co-operative and mutual business within Asia Pacific, and more widely. This book was originally published as a Special Issue of Asia Pacific Business Review.