Induction, Part 4c
Co-operatives and Companies
The attached text was written
for this course. It describes joint-stock limited companies, and co-operatives,
comparing them to each other. It mentions other, preceding and on-going forms
of business institution such as Sole Trader and partnership.
From the strict point of view
of Induction, it is our purpose in this course to understand the structure of
institutions, and the relations between such institutions.
The above cartoon indicates
that co-ops do not escape from the conflict of interest between investors, and
users, and workers. They do provide a framework within which the outcome of this
conflict can be negotiated.
Now that we have seen some of
the organising principles of institutions, we will proceed in the next part to
consider some of the detailed means and techniques by which all business
institutions do their work.
·
The above is to
introduce an original reading-text: Co‐operatives and Companies,
Tweedie, 2013.
0 comments:
Post a Comment
Post a Comment