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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
This 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
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