Retained Earnings and Membership Stability in Cooperatives, a Relational Contracting Perspective


TOPIC 7-STAGE 3-MICRO This paper focuses on the delegation of real authority from the upstream to the downstream party in a cooperative. Each period a decision is made about which share of profits is returned to the... [ view full abstract ]


  1. Anna Petruchenya (Rotterdam School of Management, Erasmus University)
  2. George Hendrikse (Rotterdam School of Management, Erasmus University)

Topic Area

Topic #7 Governance and Organisational Design


OS-7B » Governance and Organizational Design No.3 (09:00 - Friday, 27th May, Palacio de Congresos Sala 2)

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