Abstract—Existing research treats the cooperative structure as relatively homogeneous. The proposed paper argues that all cooperatives are not created equal – and consideration of organizational structure is critical when analyzing the economic impact of cooperation. In recent empirical...

Abstract—Existing research treats the cooperative structure as relatively homogeneous. The proposed paper argues that all cooperatives are not created equal – and consideration of organizational structure is critical when analyzing the economic impact of cooperation. In recent empirical...

This case explores a cluster of firms that emerged sharing a particular ownership structure. Typically, clusters are thought of as interrelated firms that produce similar products and services. However, we document the emergence and evolution of a cluster of entrepreneurial ventures that...

This paper examines agricultural cooperative organizational models from an ownership rights perspective. Building upon property rights and incomplete contracts theories of the firm, the paper adopts a definition of ownership rights comprising both residual claim and control rights. We argue that...

It is commonly argued in the literature that agricultural cooperatives are financially constrained because they are unable to acquire sufficient risk capital to invest in productive assets. This study examines whether agricultural cooperatives' investment is constrained by estimating...

Conventional wisdom holds that a small and decreasing number of hog slaughter firms are using their "market power" to take advantage of U.S. hog producers. Existing studies have simply calculated industry concentration ratios and assumed/asserted that the performance of such a concentrated...

Chinese synthetic fiber capacity is more than 100 times larger than it was just 30 years ago. It represents more capacity than exists in the United States and Western Europe combined and continues to expand each year to serve the growing Chinese textile industry. Historically, the Chinese...

This paper examines agricultural cooperative organizational models from an ownership rights perspective. Building upon property rights and incomplete contracts theories of the firm, the paper adopts a definition of ownership rights comprising both residual claim and control rights. We argue that...

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Limited inquiry into cooperative governance and performance suggests that best practices from corporate governance literature may not apply uniformly to cooperatives. The rarely addressed issue of endogeneity limits confidence in recommendations for corporations and cooperatives alike. By...