Rethinking incentive problems in cooperative organizations

Borgen, Svein Ole

doi:10.1016/j.socec.2004.04.010

Cited by 104 publications

(45 citation statements)

References 18 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Three of these incentive problems are investment-related: the common-property-problem; the horizon-problem and the portfolio-problem. Four incentive problems are decision-related: the monitoring problem; the follow-up problem; the influence cost problem and the decision-problem [38,39].…”

Section: Agency Theory and Incentive Problems In The Cooperative Housmentioning

confidence: 99%

“…Thus, there might be tendencies to back investment decisions with short payoff horizons. The consequence is that "members are expected to become preoccupied with myopic perspectives on their cooperative membership" [38] (p. 386). The fact that members have disparate time horizons, which affect their risk/reward profiles and consequently their views with respect to the cooperative's risk/reward profile might lead to what is known as the portfolio problem.…”

Section: Agency Theory and Incentive Problems In The Cooperative Housmentioning

confidence: 99%

See 1 more Smart Citation

Organizational Challenges in the Adoption of Building Applied Photovoltaics in the Swedish Tenant-Owner Housing Sector

Muyingo

2015

Sustainability

View full text Add to dashboard Cite

Sweden has committed itself to comply with EU-directive 2009/28/EC on energy from renewable sources and 2012/27/EU on improvement in the efficiency of energy. Measures in the existing housing stock, such as installing photovoltaics (PV), provide a means of contributing to the goals above. The purpose of this paper is to study how the organization of property management and the decision-making structure in tenant-owner cooperatives (TOCs) in Sweden facilitates or hampers the adoption of large-scale residential building applied photovoltaics (BAPV) in this housing sector. Data collected through seven semi-structured interviews of executive board members in seven housing cooperatives were descriptively analyzed and the results indicate that the decision to adopt BAPV in TOCs does not follow the common frameworks of adoption of innovations. The choice by TOCs to adopt BAPV depends more on the wish to lower operating costs than on efforts to promote a sustainable environment and various principal-agency problems during the decision-making process, as well as during the implementation phase create challenges to the adoption of BAPV. There is a need to strengthen the quality and management of knowledge, as well as procurement proficiency in the TOCs in order to harness the potential for BAPV in the sector.

show abstract

Section: Agency Theory and Incentive Problems In The Cooperative Housmentioning

confidence: 99%

Section: Agency Theory and Incentive Problems In The Cooperative Housmentioning

confidence: 99%

Organizational Challenges in the Adoption of Building Applied Photovoltaics in the Swedish Tenant-Owner Housing Sector

Muyingo

2015

Sustainability

View full text Add to dashboard Cite

show abstract

“…As we start looking into why co-operatives compete and develop their regions, our data suggests that the answer lies in their purpose, which is different as compared to that of shareholder corporations (Tuominen, 2012;Borgen, 2004). As an interviewee put it:…”

Section: Competition and Regional Development Are Essential Part Of Ementioning

confidence: 98%

“…Co-operatives execute their purpose by providing the goods and services in a more convenient location (Saxena & Craig, 1999), with higher quality, and/or lower prices (Spear, 2004;Borgen, 2004;Fulton & Hammond, 1992). The emphasis may vary across market conditions, but the main point is that "a co-operative fulfills its purpose only if it is beneficial to the members relative to alternatives" (Jussila, 2012, p. 3).…”

Section: "When According To Our Business Idea We Say That the Delimentioning

confidence: 99%

A Tool to be Used Deliberately: Investigating the Role of Profit in Consumer Co-operatives

Tuominen¹,

Tuominen²,

Jussila³

2013

IBR

View full text Add to dashboard Cite

Profit is a controversial concept in co-operative literature. It is primarily associated with shareholder corporations and, thereby, sometimes seen as concealing the distinctiveness of the co-operative model. Following our observations from Finnish consumer co-operatives, which highlight the importance of profit, we decided to investigate its role in more detail by thematically analyzing twenty qualitative interviews with S Group executives and key representatives of governance, asking: why do consumer co-operatives make profit? The findings provide co-operative researchers and practitioners with a more comprehensive understanding on the chain of reasons underlying profit-making in consumer co-operatives. Importantly, the findings also suggest that profit is approached in consumer co-operatives differently than in shareholder corporations and that the difference can be traced back to the set of ideas that make the co-operative a unique model of economic organization.

show abstract

“…Besides, based on literature (FAO 2012, Laeequddin et al, 2012Kwon & Suh, 2005, Barham et al, 2014Feder et al, 1985, Borgen 2004, Murphree 1993 aspects of trust, willingness to invest, risk perception and time horizon are taken into account. Previous studies have shown that these behavioural aspects are influencing decision making of an individual farmer in whether to adopt certain practices or not.…”

Section: Data Collection On a Wide Range Of Personal Household And Fmentioning

confidence: 99%

Towards a sustainable sugarcane industry in India : baseline results on Solidaridad’s programme: Increasing water use efficiency in sugarcane growing in India

Plaisier¹,

Rijn²,

Ende³

et al. 2017

View full text Add to dashboard Cite

Rethinking incentive problems in cooperative organizations

Cited by 104 publications

References 18 publications

Organizational Challenges in the Adoption of Building Applied Photovoltaics in the Swedish Tenant-Owner Housing Sector

Organizational Challenges in the Adoption of Building Applied Photovoltaics in the Swedish Tenant-Owner Housing Sector

A Tool to be Used Deliberately: Investigating the Role of Profit in Consumer Co-operatives

Towards a sustainable sugarcane industry in India : baseline results on Solidaridad’s programme: Increasing water use efficiency in sugarcane growing in India

Contact Info

Product

Resources

About