Understanding New Cooperative Models: An Ownership–Control Rights Typology

@article{Chaddad2004UnderstandingNC,
  title={Understanding New Cooperative Models: An Ownership–Control Rights Typology},
  author={F. Chaddad and M. Cook},
  journal={Applied Economic Perspectives and Policy},
  year={2004},
  volume={26},
  pages={348-360}
}
This article examines new agricultural cooperative organizational models from an ownership rights perspective. The article adopts a definition of ownership rights comprising both residual claim and control rights. We argue that new cooperative organizational models differ in how ownership rights are assigned to the economic agents (members, patrons, and investors) tied contractually to the firm. The article proposes a typology of discrete organizational models, in which the traditional… Expand
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