협동조합의 규모화와 조직전략
Economy of Scale and Organizational Strategy in Cooperatives
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This paper examines problems and issues associated with cooperatives’ pursuing economy of scale. A simple data analysis indicates that agricultural cooperatives, cooperative banks, and consumer cooperatives in many advanced countries have incessantly expanded their scale since their inception. It is confirmed that cooperatives have adopted organizational strategies distinguished from those pursued by their counterparts, investor-owned firms since cooperatives may be more vulnerable to collective decision making costs, agency costs, and degeneration of member participation than their counterparts. Consumer cooperatives, cooperative banks, and farm supply cooperatives have founded and expanded their federations in order to exploit benefits from division of wholesale and retail functions whereas marketing and processing cooperatives and labor cooperatives have enlarged their boundaries through merger and acquisitions between primary cooperatives which deal with same kind of products.
Abstract
This paper examines problems and issues associated with cooperatives’ pursuing economy of scale. A simple data analysis indicates that agricultural cooperatives, cooperative banks, and consumer cooperatives in many advanced countries have incessantly expanded their scale since their inception. It is confirmed that cooperatives have adopted organizational strategies distinguished from those pursued by their counterparts, investor-owned firms since cooperatives may be more vulnerable to collective decision making costs, agency costs, and degeneration of member participation than their counterparts. Consumer cooperatives, cooperative banks, and farm supply cooperatives have founded and expanded their federations in order to exploit benefits from division of wholesale and retail functions whereas marketing and processing cooperatives and labor cooperatives have enlarged their boundaries through merger and acquisitions between primary cooperatives which deal with same kind of products.
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