Mamouni Limnios, Elena Alexandra; Watson, John; … - In: Journal of Accounting & Organizational Change 12 (2016) 1, pp. 50-74
Purpose – A key issue faced by co-operative enterprises is how to raise external equity capital without compromising member control. The purpose of this study is to examine the potential of a special type of financial instrument called a Cooperative Capital Unit (CCU) introduced into the...