Toward an Updated Typology of US Farmer Cooperatives: Survey Evidence of Recent Hybrid Ownership Restructuring

作者: Jasper Grashuis , Michael L. Cook

DOI: 10.1007/978-3-319-57276-5_9

关键词: Survey data collectionCapital structureEquity (finance)BusinessIndustrial organizationPopulationRestructuringEconomic systemPairwise comparisonImperfectTypology

摘要: Primary survey data on 371 US farmer cooperatives is used to study the diffusion of traditional and novel ownership structures. We conclude existing typology claim right configurations an imperfect representation current population cooperatives, which interpreted as strong evidence much structure adaptation in last decade. Using 12 characteristics, updated proposed with classic variations equity redeemability allowed, well new hybrid discoveries combine different characteristics. Introduced are classical investor cooperative, a common small local multipurpose cooperatives; proportional trader adopted by several large dairy supply cooperative. The multiple pairwise comparison method reveal significant differences competitive scope, organizational size type, capital Future research recommended further investigate characteristics inform complementarity between investment, necessary ensure long-term economic viability each

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