Members Contribute Equitably to the Capital of the
Cooperative and Have the Right to Share in the Economic Benefits Generated.
Surpluses Are Allocated in a Manner That Benefits the Members, Which May
Include Dividends, Rebates, or Investment in the Cooperative's Development.
Introduction
In the world of cooperative enterprises, economic
participation and benefit are key principles that drive the cooperative
movement. Cooperative organizations function on...
Showing posts with label Inclusivity. Show all posts
Showing posts with label Inclusivity. Show all posts
Monday, 19 June 2023
Democratic Member Control: Cooperatives and Their Equal Voting Rights
Master of Success
June 19, 2023
0
Cooperatives, as democratic organizations, prioritize the
principle of equal voting rights among their members. Decision-making within
these organizations follows the fundamental tenet of "one member, one
vote," disregarding the member's level of investment or shareholding. In
this article, we delve into the significance of democratic member control
within cooperatives and explore how this principle fosters inclusivity, equity,
and effective decision-making.
The...