Hello,
I am glad to inform you that a new article of mine is now ready to be
downloaded from my website:
Demutualization of Cooperatives: Reasons and Perspectives.
And can be downloaded here:
28. Demutualization of Cooperatives: Reasons and Perspectives. (2008)
DemutualizationCooperatives21.5.08.pdf
http://www.coopgalor.com/i_publications.html#CoopTypologyThis study is attempting to find out why cooperatives are
demutualized. The article tries to define what is this process of
demutualization in cooperatives. It shows cases of demutualization of
cooperatives in various part of the world in order to find out common
denominators for this process of demutualization of cooperatives.
In it summary part the article shows the various types of
demutualization of cooperatives. It shows as well the various factors
for demutualizations and divide them mainly to internal factors and
to external factors. It shows graphical models of these factors.
Interesting conclusions derived out of this move of demutualizations,
and which call to a redefinition of the ownership relationship
between the member and the cooperative, and the ways members are
rewarded for the participation in the cooperative. These two changes
are the main points utilized by those who are against any change in
the current 3rd ICA principle.
Best regards,
Zvi
Zvi Galor
www.coopgalor.com