Informing Measurement of Cooperative Performance [chapter]

Jason R. V. Franken, Michael L. Cook
2014 Interfirm Networks  
Prior work assessing cooperative performance focuses mostly on available financial accounting measures commonly used to evaluate investor owned firms. This paper considers a more inclusive approach, which incorporates several aspects of performance consistent with the dual objectives of the cooperative form. The degree of correspondence among these aspects of performance varies with cooperative type. For instance, multipurpose cooperatives using cost of goods sold accounting behave more like
more » ... s in terms of financial performance than marketing cooperatives, which are predominately concerned with paying patron-members the highest possible prices for their products and generally use a pooling approach to accounting.
doi:10.1007/978-3-319-10184-2_11 fatcat:n3fsrx565bfohm4q3dkgrtirzq