“The governance of large co-operative businesses” report was just released, a project undertaken by Johnston Birchall, commissioned by Co-operatives UK.
Some highlights (excerpt from the report):
-Overall, the governance of large co-operatives is on a par with and probably superior to shareholder companies
-Where there are examples of governance weakness there is encouraging evidence of action to remedy this
-The governance approach of co-operatives is shaped by the ownership model and central purpose of the business. The best model is one that reinforces the economic participation of members
-Two common challenges in co-operative governance are ensuring expertise on the Board and managing the costs of a participative model of governance
View the full study here