Co-operative Governance
Access articles, reports
and other sources of information about co-operative governance in Australia.
The point about co-operative governance is that it is different from
corporate governance.
Shann
Turnbull on Governance
Papers
by Shann Turnbull on governance. More papers will be added progressively.
Shann Turnbull is a thoughtful and prolific writer about goverance that is
inclusive of co-operation and co-operatives.
Co-operative
Governance and Members
Download
PDF
Download Word
Important co-operative governance research by Johnston Birchall and Richard
Simmons on what motivates members to participate in the governance of consumer
co-operatives - based on a survey of approximately 600 members of the UK Co-operative
Group.
The
research is relevant to all co-ops throughout the world who are genuinely
interested in and committed to the PRACTICALITIES and REALITIES of
co-operative governance and addressing the threat of DEMUTUALISATION.
This is a MUST READ.
Fundamentals
of a Successful Co-operative - the United Farmers
Co-operative Company Limited Story (WA)
Includes discussion on the importance of strategic planning, capital raising,
monitoring performance and member communication.
Paper presented at Co-operative
Federation of WA Inc Conference, 25 September 2003
Corporate
Governance and Co-operatives
Dean Spencer, of MSI Tilley Murphy Hughes, on corporate governance. Paper presented
at Co-operative Federation of South Australia Ltd conference on 17 October 2003.
International
Financial Accounting Standards Proposals a threat to Australian
Co-ops
The International Accounting Standards Board is proposing to change how shares
in a co-operative are treated for accounting purposes - treating them as debt
instead of equity.
In the USA the National Cooperative
Business Association has already successfully delayed a decision by
the USA Financial Accounting Standards Board that would force co-operatives
to reclassify member equity as mandatory redeemable debt.
NCBA News release - NCBA
Hails Deferral of Rule Reclassifying Co-op Member Equity
as Debt - Decision Heads Off Chaos in Co-op Accounting
(10 November 2003)
NCBA statement on USA Financial
Accounting Standards (12 November 2003)
Earlier
report on IAS
International
Accounting Standards and
Co-operatives
Prowse,
Perrin & Twomey
on the new international accounting standards
and co-operative
ICA
Criticises Proposed IAS Accounting Standards
Visit
the ICA web site for more information:
Information
on the issue by the World Council
of Credit Unions (WOCCU) :
Co-ops
and the Governance Trick
Co-operatives throughout Australia need to be beware of the governance trick
- the corporate governance remedies being advocated by regulators, politicians
and consultants that will undermine and, ultimately, could eradicate co-operatives
as a deistinct form of business.
Horwath
2003 Corporate Governance Report
The Horwath 2003 Corporate Governance Report has just been released. The report
is based on 2002 Annual Report disclosures of Australia's top 250 Australian
companies as determined by market capitalisation. Find
out why co-operatives have difficulties with a criteria that does not acknowledge
the co-operative difference.
Co-operative
Remuneration
What should be the basis for the remuneration of the CEO's, senior managers
and directors of co-operatives? Should it be the same or different from investor-owned
companies?
Corporate Collapse, a Royal Commission
and Co-ops
A Royal Commission report on the $5.3
AU billion collapse of the HIH Insurance Group has made a number
of observations about corporate government that are applicable
to co-operatives.
Corporatisation
of Soccer in Australia
An "independent" review
has recommended the corporatisation of the governance and
management
of soccer in Australia - ignoring the co-operative option.
Governance and Co-operatives
In March 2003 the
Australian Stock Exchange (ASX) Corporate Governance Council
released a
set of guidelines on Principles of Good Corporate Governance
and Best Practice Recommendations. While the guidelines are essential
for all co-operatives, they do not acknowledge the co-operative
difference.
Co-operative
Governance Check Lists
A series of co-operative checklists for co-operatives. The checklists are not
a substitute for consulting appropriate legislation and regulations and seeking
appropriate advice
:
Last updated: December 25, 2006
Co-operative Federation of Victoria
Ltd, 71 Franciscan Avenue, Frankston, Victoria AUSTRALIA Telephone:
61 03 9785 6704
Email:
cfv@australia.coop
