Accommodating Two Worlds in One Organisation: Changing Board Models in Agricultural Cooperatives

While most economic organisation literature on cooperatives has focused on changes in income rights, we study changes in the allocation of decision rights between board of directors (representing members) and managers. The traditional role of the board is to direct the activities of the managers. Ho...

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Veröffentlicht in:Managerial and decision economics 2013-04, Vol.34 (3-5), p.204-217
Hauptverfasser: Bijman, Jos, Hendrikse, George, van Oijen, Aswin
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container_issue 3-5
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container_title Managerial and decision economics
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creator Bijman, Jos
Hendrikse, George
van Oijen, Aswin
description While most economic organisation literature on cooperatives has focused on changes in income rights, we study changes in the allocation of decision rights between board of directors (representing members) and managers. The traditional role of the board is to direct the activities of the managers. However, professional management increasingly makes most strategic decisions, pushing the board into a supervisory role. We present two groups of findings on changing board—management relationships. We identify three corporate governance models: traditional, management and corporation. And we present an empirical illustration showing a relationship between the choice of board model, and product portfolio and performance.
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source Jstor Complete Legacy; Wiley Online Library Journals Frontfile Complete; Business Source Complete
subjects Agricultural cooperatives
Agricultural industry
Agricultural management
Agricultural sector
Agronomy
Allocations
Board of directors
Boards of directors
Business management
Business structures
Corporate governance
Corporations
Decision analysis
Decision making
Economic growth models
Economic performance
Economics
Empirical analysis
Financial management
GOVERNANCE OF COOPERATIVES AND ALLIANCES: PART II
Illustrations
Management
Management science
Managers
Organizational effectiveness
Portfolio diversification
Pushing
Studies
Trucks
title Accommodating Two Worlds in One Organisation: Changing Board Models in Agricultural Cooperatives
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