Value Based Professional Management in Cooperatives

Abstract

Cooperative form of business is designed primarily to meet the needs of members as distinct from a business that is set up to produce maximum financial returns to investors. It however^ does not mean that the cooperative does not have to produce an adequate return on investment in the enterprise. Clearly, if cooperatives do not deploy their resources productively, they would not survive in the market, unlike in the investor driven company, the ownership and control of the cooperative business should be linked with members level of participation In the business and not their investment in the capital of the enterprise.