Governance

Last Updated on Thursday, 29 April 2010 06:44 Written by David Griffiths Saturday, 17 April 2010 09:02

Governance is how co-operatives. are governed - members elect the board and the board appoints the manager. Co-operative governance is the unique form of governance that reflects and reinforces the unique purpose and structure of co-operative - user ownership, benefit and control:

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The co-operative difference is the difference between the inherent competitiveness of an investor owned company and the co-operation ethos within a co-operative:

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Co-operative Governance

The Co-operative Governance Manual sets out to provide a framework for reviewing and defining what co-operative members and directors should know, do and be.

Co-operatives are enterprises with social purposes.

Every effort has been made to ensure that the information in this publication is correct. The publishers and their employees or agents shall not accept any responsibility for loss or other consequences which may arise acting or refraining from acting as a result of material in this publication. (2010)

What is Co-operative Governance?

What are the co-operative characteristics?

What are the roles of directors?

What are the co-operative governance check lists?

For a history of farmer co-operatives and what influenced their development:
The Democracy Principle

Policy governance is a systematic way of thinking abot governance that is particularly relevant to co-operatives because of its emphasis on the board's obligations and accountability to members and shareholders:
Policy Governance and Co-operatives

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The people's Supermarket
At 8:30 p.m on 29 December ABC1 showed the first of four programs on the People's Supermarket in the UK. The programs were first broadcast on Channel 4 in the UK in early 2011. The People's Supermarket was established in May 2010. Is the People's Supermarket a food co-operative or is it something else?
Submissions on Financial Reporting for small co-operatives
On behalf of all States and Territories, on 8 November 2011 NSW Fair Trading invited submissions on reporting requirements for small co-operatives. Submissions closed on the 7 December 2011. Seven submissions were received from - NSW Department of Education and training, the Co-operative Federation of Victoria Ltd, the Australian Accounting Standards Board, Co-operatives WA, Mark Snell and the Sydney Live Steam Locomotive Society Co-operative Ltd.
Federal Labor and Mutuals
When the Reserve Bank raises or cuts rates and how the Big Four banks respond - ANZ, Commonwealth, NAB and Westpac - becomes a matter of controversy about the irrelevance of Federal Labor Treasurer Wayne Swan. What is real, however, is that Federal Labor has encouraged the strengthening of the mutual alternative with three mutuals now allowed to call themselves banks and the Federal Government deposit guarantee applying equally to the Big Four and mutuals. Statistics from APRA show that for the year ended 30 September the assets of credit unions, building societies and mutual banks grew by 8.7% compared with 7.9% for the major banks.
Mutuals Already Better
According to ABACUS Australian Mutuals, before the recent controversy as to whether or not the Big Four Banks would pass on the rate cut by the Reserve Bank of Australia, the variable home loan rates of mutuals have been on average lower than the big four banks' for years. This is according to independent financial comparison websites like Canstar Cannex.

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