Cooperative Conversion and Restructuring In Theory and Practice

Author:

Patrick Mooney, Ph. D.
Professor
University of Kentucky
Thomas W. Gray, Ph. D.
Rural Sociologist
Rural Business-Cooperative Service

United States Department of Agriculture
Rural Business–Cooperative Service
RBS Research Report 185

ABSTRACT:

This report is intended to develop the outlines of a sociological theory of cooperatives. This objective is accomplished by: 1) critiquing neoclassical economic analyses of cooperative conversions, (restructuring, acquisition, or sale of agricultural cooperatives such that an investment-oriented firm is created in its place), 2) examining historical data on cooperative restructuring generally and conversions as a subset of this data and 3) developing a theoretical approach to a sociology of cooperatives, that is inductive
and retains cooperative tensions (e.g. democracy versus economy, local versus
global).

Keywords: Cooperatives, sociological theory and conversions

Full Text: Restructuring

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