Governing Co-operatives: The State and Leadership Roles (Papers Presented at the 10th ICA Asia Pacific Regional Reserch Conference held at VAMNICOM, Pune, 5th and 6th November 2015)

Abstract

The Governance in Cooperatives is different from that of a Corporate. A cooperative exists for the members and in this context, the board of directors, salaried employees and regulatory Government need to play their respective roles which need to be well defined. The All India Rural Credit Review Committee (1969) had observed that there should be a clear defined demarcation of duties and responsibilities between the member and the salaried executives. Many a times Cooperative runs into problem because of the ambiguity in stake holders' roles. The board is a policy making body and employees are there to implement it. The leadership also plays a very vital role in the development of cooperatives. In many countries, the State also plays a very important role of regulation and promoting development. Thus, in Governance, the role of State and leadership has a direct bearing in the functioning of Cooperatives.