English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Tools annual

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools monthly

Global: Zendy Plus monthly

Presents the access of premium content as premium feature

Premium Content

Global: Zendy Plus annual

Global: Zendy Free Plan

We examine the proposition that, in co-operatives, the need for democracy must clash with efficiency demands. To shed light on diverse issues surrounding this claim we distinguish different forms of co-operatives and identify different meanings of democratic governance and forms of economies of scale. One focus is on democratic decision-making within individual coops, including tensions between members and managers and/or boards, and how processes often labeled as “degeneration” can be averted. Another focus is on co-ordination problems among and between groups of coops in a network, or second tier co-ops, and how innovative forms of monitoring and forms of corporate governance may be expected to emerge in response to these potential difficulties. We also integrate evidence drawn from the available econometrics literature with this discussion. Our main source of empirical information is the provision of institutional evidence for the cases of Mondragon and co-operative banks in Finland. We conclude that the evidence for an alleged inexorable trade-off between democracy and efficiency is not compelling, but also note the need for additional theoretical and empirical work.

Economies of Scale Versus Participation: a Co-operative Dilemma?