Author: Harold Alderman
Publisher:
ISBN:
Category : Agriculture, Cooperative
Languages : en
Pages : 108
Book Description
Cooperatives and the Commercialization of Milk Production in India
Author: Harold Alderman
Publisher:
ISBN:
Category : Agriculture, Cooperative
Languages : en
Pages : 108
Book Description
Publisher:
ISBN:
Category : Agriculture, Cooperative
Languages : en
Pages : 108
Book Description
Agricultural Value Chains in India
Author: Ashok Gulati
Publisher: Springer Nature
ISBN: 9813342684
Category : Business & Economics
Languages : en
Pages : 324
Book Description
This open access book provides a clear holistic conceptual framework of CISS-F (competitiveness, inclusiveness, sustainability, scalability and access to finance) to analyse the efficiency of value chains of high value agricultural commodities in India. It is based on the understanding that agriculture is an integrated system that connects farming with logistics, processing and marketing. Farmer’s welfare being central to any agricultural policy makes it very pertinent to study how a value chain works and can be strengthened further to realize this policy goal. This book adds value to the existing research by studying the value chains end-to-end across a wide spectrum of agricultural commodities with the holistic lens of CISS-F. It is not enough that a value chain is competitive but not inclusive or it is competitive and inclusive but not sustainable. The issue of scalability is very critical to achieve macro gains in terms of greater farmer outreach and sectoral growth. The research undertaken here brings out some very useful insights for policymaking in terms of what needs to be done better to steer the agricultural value chains towards being more competitive, inclusive, sustainable and scalable. The value chain specific research findings help draw very nuanced policy recommendations as well as present a big picture of the future direction of policy making in agriculture.
Publisher: Springer Nature
ISBN: 9813342684
Category : Business & Economics
Languages : en
Pages : 324
Book Description
This open access book provides a clear holistic conceptual framework of CISS-F (competitiveness, inclusiveness, sustainability, scalability and access to finance) to analyse the efficiency of value chains of high value agricultural commodities in India. It is based on the understanding that agriculture is an integrated system that connects farming with logistics, processing and marketing. Farmer’s welfare being central to any agricultural policy makes it very pertinent to study how a value chain works and can be strengthened further to realize this policy goal. This book adds value to the existing research by studying the value chains end-to-end across a wide spectrum of agricultural commodities with the holistic lens of CISS-F. It is not enough that a value chain is competitive but not inclusive or it is competitive and inclusive but not sustainable. The issue of scalability is very critical to achieve macro gains in terms of greater farmer outreach and sectoral growth. The research undertaken here brings out some very useful insights for policymaking in terms of what needs to be done better to steer the agricultural value chains towards being more competitive, inclusive, sustainable and scalable. The value chain specific research findings help draw very nuanced policy recommendations as well as present a big picture of the future direction of policy making in agriculture.
Cooperative Dairy Development in Karnataka, India
Author: Harold Alderman
Publisher: Intl Food Policy Res Inst
ISBN: 9780896290662
Category : Business & Economics
Languages : en
Pages : 82
Book Description
Trabalho sobre projeto de desenvolvimento de cooperativas de produtores de leite em Karnataka, India, abordando o contexto do estudo, a producao de leite, marketing, medidas diretas de efeito sobre o consumo, mudancas nos custos e distribuicao de renda. Aborda tambem as implicacoes politicas.
Publisher: Intl Food Policy Res Inst
ISBN: 9780896290662
Category : Business & Economics
Languages : en
Pages : 82
Book Description
Trabalho sobre projeto de desenvolvimento de cooperativas de produtores de leite em Karnataka, India, abordando o contexto do estudo, a producao de leite, marketing, medidas diretas de efeito sobre o consumo, mudancas nos custos e distribuicao de renda. Aborda tambem as implicacoes politicas.
Rural and urban linkages: Operation floods role in Indias dairy development
Author: Kenda Cunningham
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 48
Book Description
Between 1970 and 2009, India has overcome many infrastructural, market, and institutional challenges to transition from a dairy importing nation to the top producer in the world of both buffalo and goat milk, as well as the sixth largest producer of cow milk. In India, at least 100 million households are involved in farming and 70 million have dairy cattle. In India, dairy production is important for employment, income levels, and the nutritional quality of diets. Milk production in India is dominated by smallholder farmers including landless agricultural workers. For example, 80 percent of milk comes from farms with only two to five cows. A well-known smallholder dairy production initiative, Operation Flood, laid the foundation for a dairy cooperative movement that presently ensures returns on dairy investments to 13 million members. Operation Flood also advanced infrastructural improvements to enable the procurement, processing, marketing, and production of milk and to link India's major metropolitan cities with dairy cooperatives nationwide. This intervention transformed the policy environment, brought significant technological advancements into the rural milk sector, established many village cooperatives, and oriented the dairy industry toward markets.
Publisher: Intl Food Policy Res Inst
ISBN:
Category : Social Science
Languages : en
Pages : 48
Book Description
Between 1970 and 2009, India has overcome many infrastructural, market, and institutional challenges to transition from a dairy importing nation to the top producer in the world of both buffalo and goat milk, as well as the sixth largest producer of cow milk. In India, at least 100 million households are involved in farming and 70 million have dairy cattle. In India, dairy production is important for employment, income levels, and the nutritional quality of diets. Milk production in India is dominated by smallholder farmers including landless agricultural workers. For example, 80 percent of milk comes from farms with only two to five cows. A well-known smallholder dairy production initiative, Operation Flood, laid the foundation for a dairy cooperative movement that presently ensures returns on dairy investments to 13 million members. Operation Flood also advanced infrastructural improvements to enable the procurement, processing, marketing, and production of milk and to link India's major metropolitan cities with dairy cooperatives nationwide. This intervention transformed the policy environment, brought significant technological advancements into the rural milk sector, established many village cooperatives, and oriented the dairy industry toward markets.
India
Author: Wilfred Candler
Publisher: World Bank Publications
ISBN: 9780821342893
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Portuguese edition (Melhor Saude em Africa: Experiencia e Ensinamentos Colhidos). Poor health in Sub-Saharan Africa has immense economic consequences. Besides the high mortality and disease rates and the pain and suffering it causes, poor health robs the continent of human capital, reduces returns to learning, impedes entrepreneurial activities, and restricts economic growth. This study argues that despite financial constraints, significant improvements are possible in many countries, as has been seen in Benin, Botswana, Kenya, Mauritius, and Zimbabwe. The book also presents positive ideas on how to make these improvements. Better Health in Africa documents lessons learned and best practices in four major areas. 1) African households and communities need the knowledge and resources to recognize and respond effectively to health problems. Threats to health should be made known and countered through public and private services. 2) Human and financial resources must be used more productively by reforming health care systems. Correcting sources of waste and inefficiency must take top priority. 3) Cost-effective packages of basic health services can do much to meet the needs of households and reduce the burden of disease. Networks of local health centers and small hospitals in rural and periurban areas can facilitate delivery. 4) Additonal funds totaling $1.6 billion a year can help those living in Africa's low-income areas obtain basic health services. Cost-sharing can make an important contribution to health equity and the sustainability of health services. The report emphasizes that no government should delay committing itself to the task, although progress toward better health will vary from country to country and no single formula will apply to all. Better Health in Africa presents action plans and yardsticks for measuring progress. The idea of the core, cost-effective package of health services complements World Development Report 1993: Investing in Health with an operationally oriented perspective on health services. The report also reflects the views of organizations such as the World Health Organization and UNICEF that will work together in helping African countries adapt and implement the report's recommendations. Also available: English (ISBN 0-8213-2817-4) Stock No. 12817; French (ISBN 0-8213-2818-2) Stock No. 12818.
Publisher: World Bank Publications
ISBN: 9780821342893
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Portuguese edition (Melhor Saude em Africa: Experiencia e Ensinamentos Colhidos). Poor health in Sub-Saharan Africa has immense economic consequences. Besides the high mortality and disease rates and the pain and suffering it causes, poor health robs the continent of human capital, reduces returns to learning, impedes entrepreneurial activities, and restricts economic growth. This study argues that despite financial constraints, significant improvements are possible in many countries, as has been seen in Benin, Botswana, Kenya, Mauritius, and Zimbabwe. The book also presents positive ideas on how to make these improvements. Better Health in Africa documents lessons learned and best practices in four major areas. 1) African households and communities need the knowledge and resources to recognize and respond effectively to health problems. Threats to health should be made known and countered through public and private services. 2) Human and financial resources must be used more productively by reforming health care systems. Correcting sources of waste and inefficiency must take top priority. 3) Cost-effective packages of basic health services can do much to meet the needs of households and reduce the burden of disease. Networks of local health centers and small hospitals in rural and periurban areas can facilitate delivery. 4) Additonal funds totaling $1.6 billion a year can help those living in Africa's low-income areas obtain basic health services. Cost-sharing can make an important contribution to health equity and the sustainability of health services. The report emphasizes that no government should delay committing itself to the task, although progress toward better health will vary from country to country and no single formula will apply to all. Better Health in Africa presents action plans and yardsticks for measuring progress. The idea of the core, cost-effective package of health services complements World Development Report 1993: Investing in Health with an operationally oriented perspective on health services. The report also reflects the views of organizations such as the World Health Organization and UNICEF that will work together in helping African countries adapt and implement the report's recommendations. Also available: English (ISBN 0-8213-2817-4) Stock No. 12817; French (ISBN 0-8213-2818-2) Stock No. 12818.
Market Research Report on Milk Processing & Dairy Products in India (Butter, Yogurt, UHT Milk, Cheese, Ice Cream, Ghee & Other Products)
Author: NPCS Team
Publisher: NIIR PROJECT CONSULTANCY SERVICES
ISBN: 9381039496
Category :
Languages : en
Pages : 119
Book Description
If you find yourself bewildered by innumerable variants of cheese, flavored yogurts, ice creams or UHT milk, in an expansive section of a modern retail store, then assume that you have hit the much evolved dairy section. Gone are the days when shopping of dairy products just meant choosing between plain curd or Cottage Cheese or basic sandwich spread, today dairy products have outdone their first forms and evolved into much urbanized and modern consumer centric products. To establish a better understanding of market potential of the evolved dairy products in India, Niir Project Consultancy Services has released a new study titled ‘Market Research Report on Milk Processing & Dairy Products in India (Butter, Yogurt, UHT Milk, Cheese, Ice Cream, Ghee & Other Products) - Market Prospects, Present Scenario, Growth Drivers, Demand-Supply Statistics, Industry Size, Sector Outlook, Analysis & Forecasts upto 2017’. The report identifies the current& future market prospects of dairy products, the value drivers that will trigger the growth, opportunities & challenges faced by the sector coupled with government initiatives and porters 5 forces analysis of the industry. It helps you classify dairy industry on the basis of its business attractiveness and investment potential which can prove to be a vital link in prudent business decision making. The report provides a comprehensive analysis of the dairy products sector along with the financial details of dairy products companies. It begins by a brief on global dairy sector and then proceeds to discuss the Indian scenario of dairy industry in detail. It discusses the present scenario, structure and classification of the industry while defining the scope of the report. The sector has moved away from large consumption of milk in unprocessed and fluid form to higher intake of processed dairy products. The known factors for such rising preference for processed dairy products include growing disposable incomes, urbanization, spiraling trend of modern retail and growing acceptability of processed products. The report analyzes the above mentioned factors in growth drivers section supported by graphical representation and forecasts of data points. Growing population of middle class households pose immense opportunities for a host of consumer industries; dairy being one of them. With higher incomes in their pockets and growing western influence on their taste buds, Indian middle class is well equipped to experiment with new products which will have a domino effect on the consumption of dairy products. Also, growing health consciousness among Indian population, low per capita consumption of various dairy products and rising food expenditure will provide ample opportunities for dairy players to seize. Further the report discusses various impediments faced by the dairy players while operating in the industry. The report in its entirety can prove to be an indispensible tool for assessing the market potential of dairy products in India. It analyzes the demand supply situation in the industry from different angles to enable better understanding of the topic. Demand for dairy products in India is captured by determining the demand for various dairy products as well as total exports. Similarly supply side is taken into account by assessing the production of milk in the country and population of milch animals, the production of various dairy products and lastly by scrutinizing the capital expenditure projects announced in the industry. Moving forward, the report analyzes the attractiveness of the sector by evaluating the status of porters 5 forces prevalent in the industry. Any sector is said to be most attractive when the 5 forces are at their weakest and the report explicates the forces methodically to simplify the analysis. It also lists various initiatives undertaken by the Indian government to assist dairy industry as a whole. Lastly to give a fair view of the competition in the industry, the report shares information about players operating in the dairy sector. It gives business profiles of key players like Amul, Parag Milk Foods Ltd, Kwality Ltd and Mother Dairy Fruit & Vegetable Ltd. The next segment provides complete financial details of dairy players in the country like address of registered office, director’s name and financial comparison covering balance sheet, profit & loss account and several financial ratios of the players. The report ends with a promising outlook of the sector. Indian dairy industry has been at the forefront with impressive growth rates and immense potential for an effervescent future abetted by rising demand for value added dairy products in the country. Fluid milk market in India has reached a saturation point and the growing acceptance of value added dairy products has brought winds of change for the industry. The Indian market has witnessed a spur in the demand of value added dairy products like cheese, yogurt, packaged milk and probiotic drinks which has invigorated the growth in overall dairy industry. Rising western influence on Indian food habits, rising concerns about quality of dairy products, health consciousness and spiraling disposable incomes of consumers have resulted in higher demand for value added dairy products in India. Gauging the high demand potential in dairy products industry, a host of international and domestic players have set their foot in the Indian dairy domain. The share of milk processed in total milk produced has shown a healthy rise in the last 3-4 years. We anticipate the quantity of milk processed to cross 107 million tonnes by 2017 from ~66 million tonnes in 2013. Also we expect Indian dairy market to touch INR 6971 billion levels by 2017. Reasons for Buying this Report: • This research report helps you get a detail picture of the industry by providing overview of the industry along with the market definition, structure and its classification • The report provides in-depth market analysis covering major growth driving factors for the industry and opportunities & challenges prevalent • This report helps to understand the present status of the industry by elucidating a comprehensive porter 5 force analysis and scrutiny of the demand – supply situation • Report provides analysis and in-depth financial comparison of major players/competitors • The report provides forecasts of key parameters which helps to anticipate the industry performance Our Approach: • Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years. • The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players • We use reliable sources of information and databases. And information from such sources is processed by us and included in the report
Publisher: NIIR PROJECT CONSULTANCY SERVICES
ISBN: 9381039496
Category :
Languages : en
Pages : 119
Book Description
If you find yourself bewildered by innumerable variants of cheese, flavored yogurts, ice creams or UHT milk, in an expansive section of a modern retail store, then assume that you have hit the much evolved dairy section. Gone are the days when shopping of dairy products just meant choosing between plain curd or Cottage Cheese or basic sandwich spread, today dairy products have outdone their first forms and evolved into much urbanized and modern consumer centric products. To establish a better understanding of market potential of the evolved dairy products in India, Niir Project Consultancy Services has released a new study titled ‘Market Research Report on Milk Processing & Dairy Products in India (Butter, Yogurt, UHT Milk, Cheese, Ice Cream, Ghee & Other Products) - Market Prospects, Present Scenario, Growth Drivers, Demand-Supply Statistics, Industry Size, Sector Outlook, Analysis & Forecasts upto 2017’. The report identifies the current& future market prospects of dairy products, the value drivers that will trigger the growth, opportunities & challenges faced by the sector coupled with government initiatives and porters 5 forces analysis of the industry. It helps you classify dairy industry on the basis of its business attractiveness and investment potential which can prove to be a vital link in prudent business decision making. The report provides a comprehensive analysis of the dairy products sector along with the financial details of dairy products companies. It begins by a brief on global dairy sector and then proceeds to discuss the Indian scenario of dairy industry in detail. It discusses the present scenario, structure and classification of the industry while defining the scope of the report. The sector has moved away from large consumption of milk in unprocessed and fluid form to higher intake of processed dairy products. The known factors for such rising preference for processed dairy products include growing disposable incomes, urbanization, spiraling trend of modern retail and growing acceptability of processed products. The report analyzes the above mentioned factors in growth drivers section supported by graphical representation and forecasts of data points. Growing population of middle class households pose immense opportunities for a host of consumer industries; dairy being one of them. With higher incomes in their pockets and growing western influence on their taste buds, Indian middle class is well equipped to experiment with new products which will have a domino effect on the consumption of dairy products. Also, growing health consciousness among Indian population, low per capita consumption of various dairy products and rising food expenditure will provide ample opportunities for dairy players to seize. Further the report discusses various impediments faced by the dairy players while operating in the industry. The report in its entirety can prove to be an indispensible tool for assessing the market potential of dairy products in India. It analyzes the demand supply situation in the industry from different angles to enable better understanding of the topic. Demand for dairy products in India is captured by determining the demand for various dairy products as well as total exports. Similarly supply side is taken into account by assessing the production of milk in the country and population of milch animals, the production of various dairy products and lastly by scrutinizing the capital expenditure projects announced in the industry. Moving forward, the report analyzes the attractiveness of the sector by evaluating the status of porters 5 forces prevalent in the industry. Any sector is said to be most attractive when the 5 forces are at their weakest and the report explicates the forces methodically to simplify the analysis. It also lists various initiatives undertaken by the Indian government to assist dairy industry as a whole. Lastly to give a fair view of the competition in the industry, the report shares information about players operating in the dairy sector. It gives business profiles of key players like Amul, Parag Milk Foods Ltd, Kwality Ltd and Mother Dairy Fruit & Vegetable Ltd. The next segment provides complete financial details of dairy players in the country like address of registered office, director’s name and financial comparison covering balance sheet, profit & loss account and several financial ratios of the players. The report ends with a promising outlook of the sector. Indian dairy industry has been at the forefront with impressive growth rates and immense potential for an effervescent future abetted by rising demand for value added dairy products in the country. Fluid milk market in India has reached a saturation point and the growing acceptance of value added dairy products has brought winds of change for the industry. The Indian market has witnessed a spur in the demand of value added dairy products like cheese, yogurt, packaged milk and probiotic drinks which has invigorated the growth in overall dairy industry. Rising western influence on Indian food habits, rising concerns about quality of dairy products, health consciousness and spiraling disposable incomes of consumers have resulted in higher demand for value added dairy products in India. Gauging the high demand potential in dairy products industry, a host of international and domestic players have set their foot in the Indian dairy domain. The share of milk processed in total milk produced has shown a healthy rise in the last 3-4 years. We anticipate the quantity of milk processed to cross 107 million tonnes by 2017 from ~66 million tonnes in 2013. Also we expect Indian dairy market to touch INR 6971 billion levels by 2017. Reasons for Buying this Report: • This research report helps you get a detail picture of the industry by providing overview of the industry along with the market definition, structure and its classification • The report provides in-depth market analysis covering major growth driving factors for the industry and opportunities & challenges prevalent • This report helps to understand the present status of the industry by elucidating a comprehensive porter 5 force analysis and scrutiny of the demand – supply situation • Report provides analysis and in-depth financial comparison of major players/competitors • The report provides forecasts of key parameters which helps to anticipate the industry performance Our Approach: • Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years. • The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players • We use reliable sources of information and databases. And information from such sources is processed by us and included in the report
Competitiveness of dairy sector with special focus on co-operatives in India
Author: Ranjith Kumar P.S
Publisher: Prem Jose
ISBN:
Category : Education
Languages : en
Pages : 89
Book Description
The Indian dairy industry has grown consistently ever since the white revolution of the 1970s, making India, the world’s largest producer of milk. Milk production in India has been growing at over 4% annually and its share in milk production in the world has increased to 17 per cent. India’s estimated milk production in 2015-16 was 155.49mt and continued to be the largest milk producing nation, which is about 6.28 per cent higher than last year. Estimated per capita availability in 2015-16 was 337 grams per day, an increase of 4.7 per cent over the previous year (Anonymous, 2016a). Despite the increase in production, a demand supply gap has become imminent in the dairy industry due to the changing consumption habits, dynamic demographic patterns and the rapid urbanization of rural India. Indian dairy landscape is dominated by large vertically integrated dairy co-operatives like Gujarat Co-operative Milk Marketing Federation (GCMMF), Karnataka Milk Federation and NDDB-led Mother Dairy. In the private sector, Britannia isn’t a vertically integrated dairy company while Nestle is only partially integrated. Products from these companies are present across the country. Other private dairy companies like Hatsun Agro, Heritage Foods, Parag Milk Foods, Prabhat Dairy and Kwality are vertically integrated dairy companies but have a largely regional presence (Anonymous, 2016a). GCMMF sells products under brand name AMUL, is the leading player in the dairy industry with a market share of 16% followed by Mother Dairy Fruit & Vegetable Pvt. Ltd. (9%), Karnataka Cooperative Milk Producers Federation Ltd. (8%), GlaxoSmithKline Consumer Healthcare Limited (6%) and Tamil Nadu Cooperative Milk Producers Federation Ltd. (5%). Some of the major private players include Hatsun Agro (2%), Heritage Foods (2%), Nestle India (2%), Mother Dairy Calcutta (2%), Hindustan Unilever (HUL) (1%), VRS Foods (0.9%), Britannia (0.7%) and Vadilal (0.7%).
Publisher: Prem Jose
ISBN:
Category : Education
Languages : en
Pages : 89
Book Description
The Indian dairy industry has grown consistently ever since the white revolution of the 1970s, making India, the world’s largest producer of milk. Milk production in India has been growing at over 4% annually and its share in milk production in the world has increased to 17 per cent. India’s estimated milk production in 2015-16 was 155.49mt and continued to be the largest milk producing nation, which is about 6.28 per cent higher than last year. Estimated per capita availability in 2015-16 was 337 grams per day, an increase of 4.7 per cent over the previous year (Anonymous, 2016a). Despite the increase in production, a demand supply gap has become imminent in the dairy industry due to the changing consumption habits, dynamic demographic patterns and the rapid urbanization of rural India. Indian dairy landscape is dominated by large vertically integrated dairy co-operatives like Gujarat Co-operative Milk Marketing Federation (GCMMF), Karnataka Milk Federation and NDDB-led Mother Dairy. In the private sector, Britannia isn’t a vertically integrated dairy company while Nestle is only partially integrated. Products from these companies are present across the country. Other private dairy companies like Hatsun Agro, Heritage Foods, Parag Milk Foods, Prabhat Dairy and Kwality are vertically integrated dairy companies but have a largely regional presence (Anonymous, 2016a). GCMMF sells products under brand name AMUL, is the leading player in the dairy industry with a market share of 16% followed by Mother Dairy Fruit & Vegetable Pvt. Ltd. (9%), Karnataka Cooperative Milk Producers Federation Ltd. (8%), GlaxoSmithKline Consumer Healthcare Limited (6%) and Tamil Nadu Cooperative Milk Producers Federation Ltd. (5%). Some of the major private players include Hatsun Agro (2%), Heritage Foods (2%), Nestle India (2%), Mother Dairy Calcutta (2%), Hindustan Unilever (HUL) (1%), VRS Foods (0.9%), Britannia (0.7%) and Vadilal (0.7%).
A Functional Competition Policy for India
Author: Pradeep S. Mehta
Publisher: Academic Foundation
ISBN: 9788171884933
Category : Business & Economics
Languages : en
Pages : 308
Book Description
Contributed articles emerging out of various seminar platforms on Indian government policies on competition and laws regarding it.
Publisher: Academic Foundation
ISBN: 9788171884933
Category : Business & Economics
Languages : en
Pages : 308
Book Description
Contributed articles emerging out of various seminar platforms on Indian government policies on competition and laws regarding it.
Dairy Cooperatives
Author: George C. Tucker
Publisher:
ISBN:
Category : Dairying, Cooperative
Languages : en
Pages : 21
Book Description
Publisher:
ISBN:
Category : Dairying, Cooperative
Languages : en
Pages : 21
Book Description
The Ownership of Enterprise
Author: Henry Hansmann
Publisher: Harvard University Press
ISBN: 0674038304
Category : Business & Economics
Languages : en
Pages : 385
Book Description
The investor-owned corporation is the conventional form for structuring large-scale enterprise in market economies. But it is not the only one. Even in the United States, noncapitalist firms play a vital role in many sectors. Employee-owned firms have long been prominent in the service professions--law, accounting, investment banking, medicine--and are becoming increasingly important in other industries. The buyout of United Airlines by its employees is the most conspicuous recent instance. Farmer-owned produce cooperatives dominate the market for most basic agricultural commodities. Consumer-owned utilities provide electricity to one out of eight households. Key firms such as MasterCard, Associated Press, and Ace Hardware are service and supply cooperatives owned by local businesses. Occupant-owned condominiums and cooperatives are rapidly displacing investor-owned rental housing. Mutual companies owned by their policyholders sell half of all life insurance and one-quarter of all property and liability insurance. And nonprofit firms, which have no owners at all, account for 90 percent of all nongovernmental schools and colleges, two-thirds of all hospitals, half of all day-care centers, and one-quarter of all nursing homes. Henry Hansmann explores the reasons for this diverse pattern of ownership. He explains why different industries and different national economies exhibit different distributions of ownership forms. The key to the success of a particular form, he shows, depends on the balance between the costs of contracting in the market and the costs of ownership. And he examines how this balance is affected by history and by the legal and regulatory framework within which firms are organized. With noncapitalist firms now playing an expanding role in the former socialist countries of Eastern Europe and Asia as well as in the developed market economies of the West, The Ownership of Enterprise will be an important book for business people, policymakers, and scholars.
Publisher: Harvard University Press
ISBN: 0674038304
Category : Business & Economics
Languages : en
Pages : 385
Book Description
The investor-owned corporation is the conventional form for structuring large-scale enterprise in market economies. But it is not the only one. Even in the United States, noncapitalist firms play a vital role in many sectors. Employee-owned firms have long been prominent in the service professions--law, accounting, investment banking, medicine--and are becoming increasingly important in other industries. The buyout of United Airlines by its employees is the most conspicuous recent instance. Farmer-owned produce cooperatives dominate the market for most basic agricultural commodities. Consumer-owned utilities provide electricity to one out of eight households. Key firms such as MasterCard, Associated Press, and Ace Hardware are service and supply cooperatives owned by local businesses. Occupant-owned condominiums and cooperatives are rapidly displacing investor-owned rental housing. Mutual companies owned by their policyholders sell half of all life insurance and one-quarter of all property and liability insurance. And nonprofit firms, which have no owners at all, account for 90 percent of all nongovernmental schools and colleges, two-thirds of all hospitals, half of all day-care centers, and one-quarter of all nursing homes. Henry Hansmann explores the reasons for this diverse pattern of ownership. He explains why different industries and different national economies exhibit different distributions of ownership forms. The key to the success of a particular form, he shows, depends on the balance between the costs of contracting in the market and the costs of ownership. And he examines how this balance is affected by history and by the legal and regulatory framework within which firms are organized. With noncapitalist firms now playing an expanding role in the former socialist countries of Eastern Europe and Asia as well as in the developed market economies of the West, The Ownership of Enterprise will be an important book for business people, policymakers, and scholars.