Showing posts with label Inclusivity. Show all posts
Showing posts with label Inclusivity. Show all posts

Monday, 19 June 2023

Economic Participation and Benefit

June 19, 2023 0
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...

Democratic Member Control: Cooperatives and Their Equal Voting Rights

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...