The competitiveness of agricultural cooperatives is puzzling to many observers, considering that cooperatives, at least in principle, deviate from the profit maximizing drive of the investor-owned firms. Furthermore little is known about the effect of governance structures of today's cooperatives on the agri-food industry.
Vertical Markets and Cooperative Hierarchies comprises a selection of sixteen newly written essays that provide clarification to issues pertinent to contemporary cooperatives. Twenty three internationally recognized scholars of agricultural cooperatives, from a variety of disciplines such as industrial organization, finance, sociology, networks, and political theory, contributed theoretical work and empirical observations from different countries. The book is divided into five Parts: I. Cooperatives: between markets and hierarchies; II. Governance; III. Internal organizational issues; IV. Conduct of cooperatives; and V. Cooperative performance.
About the Editors:
Kostas Karantininis is research professor of Economics of Agri-Food Supply Chains and Cooperatives at the Royal Veterinary and Agricultural University, Denmark.
Jerker Nilsson is professor of Cooperative Business at theSwedish University of Agricultural Sciences, Sweden.
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