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The governance of co-operatives and mutual associations: a paradox perspective

Cornforth, Chris (2004). The governance of co-operatives and mutual associations: a paradox perspective. Annals of Public and Cooperative Economics, 75(1) pp. 11–32.

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DOI (Digital Object Identifier) Link: http://dx.doi.org/10.1111/j.1467-8292.2004.00241.x
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Abstract

This paper presents a new theoretical framework for understanding the governance of co-operative and mutual organisations. The theoretical literature on the governance of co-operatives is relatively undeveloped in comparison with that on corporate governance. The paper briefly reviews some of the main theoretical perspectives on corporate governance and discusses how they can be usefully extended to throw light on the governance of co-operatives and mutuals. However, taken individually these different theories are rather one dimensional, only illuminating a particular aspect of the board's role. This has lead to calls for a new conceptual framework that can help integrate the insights of these different theories. The paper argues that a paradox perspective offers a promising way forward. Contrasting the different theoretical perspectives highlights some of the important paradoxes, ambiguities and tensions that boards face.

Item Type: Journal Article
Copyright Holders: 2004 CIRIEC
ISSN: 1467-8292
Academic Unit/Department: Open University Business School
Item ID: 1270
Depositing User: Users 12 not found.
Date Deposited: 13 Jun 2006
Last Modified: 02 Jan 2014 14:13
URI: http://oro.open.ac.uk/id/eprint/1270
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