WP 40 | 12 Governance in cooperative enterprises. The case of the member cooperatives of Legacoopservizi

Publication date: 18 March 2012
Research areas: Management & Governance
Publication categories: Working papers
Tags: cooperatives, membership, democratic participation, cooperative, partecipazione democratica

The discussion of governance systems in cooperatives has been extensive, but it has not produced a search for best practices, through codes of governance, comparable to the case of large corporations.
In 2008, Legacoopservizi member cooperatives approved a governance code.
This study measures the degree to which the code has been disseminated 2 years after its approval in 49 service cooperatives with a turnover of more than 25 million euros. The study focuses on the rules for admitting new members and how the board of directors is elected and composed.