Co-operatives - Hutchinson encyclopedia article about Co-operatives Printer Friendly
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cooperative
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cooperative

Business organization with limited liability where each shareholder has only one vote however many shares they own. In a worker cooperative, the workers are the shareholders, own the company, and decide how it is run. In a consumer cooperative, consumers control the company.



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Co-operatives provide over 100 million jobs around the world, 20% more than multinational enterprises.
A directive in this regard had been issued by state Agriculture Minister Chandrasekhar Sahu to the department of Co-operatives and State
is a Co-operative society in which all members are, in turn, co-operatives.
 
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