Search results
Results From The WOW.Com Content Network
This is a list of notable co-operative enterprises by country. Co-operatives are business organizations owned and operated by a group of individuals for their mutual benefit. [ 1 ] For a list of Co-operative Federations, please see List of co-operative federations .
A housing cooperative is a legal mechanism for ownership of housing where residents either own shares (share capital co-op) reflecting their equity in the cooperative's real estate or have membership and occupancy rights in a not-for-profit cooperative (non-share capital co-op), and they underwrite their housing through paying subscriptions or ...
There are generally five major types of cooperative organizations: Consumers' cooperatives, in which the consumers of a co-operative's goods and services are defined as its members (including retail food co-operatives and grocery stores, credit unions, mutual insurance companies, etc.) (Example: REI, federal credit unions, etc.)
For example, worker-owners may not believe that profit maximization is the best or only goal for their co-operative or they may follow the Rochdale Principles. As another example, worker cooperatives' flattened management structure and more egalitarian ideology often give workers more options and greater freedom in resolving work-place problems.
Collective ownership is the ownership of private property by all members of a group. [ 1 ] [ 2 ] [ nb 1 ] The breadth or narrowness of the group can range from a whole society to a set of coworkers in a particular enterprise (such as one collective farm ).
Public ownership by an entity or network of entities representing society, which may be national or municipal in scope. [37] Cooperative ownership, with the members of each individual enterprise being co-owners of their organization. [38] Common ownership, with open access for everyone in society, and where assets are indivisibly held in common.
Co-operative ownership is quite distinct from condominiums where people own individual units and have little say in who moves into the other units. [4] Because of this, most jurisdictions have developed separate legislation, similar to laws that regulate companies, to regulate how co-ops are operated and the rights and obligations of shareholders.
[35]: 110 Adult members of the cooperative were credited with work points based on how much labor they had provided at which tasks. [35]: 110 At the end of the year, the collective deducted taxes and fixed-price sales to the state, and the cooperative retained seed for the next year as well as some investment and welfare funds.