Members usually receive limited compensation, if any, on capital subscribed as a condition of membership. At least part of that capital is usually the common property of the cooperative. Members contribute equitably to, and democratically control, the capital of their cooperative. In primary cooperatives members have equal voting rights (one member, one vote) and cooperatives at other levels are also organised in a democratic manner. Men and women serving as elected representatives are accountable to the membership. Democratic Member ControlĬooperatives are democratic organisations controlled by their members, who actively participate in setting their policies and making decisions. Voluntary and Open MembershipĬooperatives are voluntary organisations, open to all persons able to use their services and willing to accept the responsibilities of membership, without gender, social, racial, political or religious discrimination. The cooperative principles are guidelines by which cooperatives put their values into practice. In the tradition of their founders, cooperative members believe in the ethical values of honesty, openness, social responsibility and caring for others. Cooperative valuesĬooperatives are based on the values of self-help, self-responsibility, democracy, equality, equity, and solidarity. Definition of a CooperativeĪ cooperative is an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly-owned and democratically-controlled enterprise. You can also consult the Guidance Notes on the Cooperative Principles and Values which give detailed guidance and advice on the practical application of the Principles to the cooperative enterprises. ![]() ![]() In 1995, the ICA adopted the revised Statement on the Cooperative Identity which contains the definition of a cooperative, the values of cooperatives, and the seven cooperative principles as described below. ![]() The International Cooperative Alliance is the global steward of the Statement on the Cooperative Identity – the Values and Principles of the cooperative movement. The Statement on the Cooperative Identity states that a cooperative is an “autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise.”
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |