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Governance in Democratic Member‐Based Organisations
Author(s) -
Spear Roger
Publication year - 2004
Publication title -
annals of public and cooperative economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.526
H-Index - 37
eISSN - 1467-8292
pISSN - 1370-4788
DOI - 10.1111/j.1467-8292.2004.00242.x
Subject(s) - democracy , corporate governance , context (archaeology) , power (physics) , process (computing) , business , democratic governance , economic system , public administration , political science , economics , politics , law , finance , paleontology , physics , quantum mechanics , computer science , biology , operating system
This paper considers issues of governance in democratic member‐based organisations (DMOs), such as co‐operatives and mutual societies. It examines the processes whereby members’ interests are mediated through the democratic process, and the board; and it explores some of the factors influencing the power of managers. It goes on to argue that the system of governance in DMOs in their institutional context runs the risks of managers becoming powerful and entrenched in poorly performing social economy organisations, unless countervailing measures are adopted.