Abstract
This article examines how the performance of agricultural cooperatives can be evaluated through management indicators better suited to their specific economic nature than conventional business ratios. Using the case of a dairy cooperative, the author shows the limits of judging cooperative efficiency solely through profit rates and accounting results, since cooperatives pursue objectives linked not only to capital but also to member remuneration, product pricing, and service to producers. The paper distinguishes between economic efficiency and financial efficiency, and proposes a framework centered on value obtained and distributed value in order to assess how cooperative activity creates and redistributes benefits among members. It argues that cooperative management analysis must integrate both accounting data and the particular relationships between the cooperative and its producer-members.
Recommended Citation
Deshayes, Gerard
(1982)
"Management Indicators for Agricultural Cooperatives,"
Revue Marocaine de Droit, d'Economie et de Gestion (Moroccan Journal of Law, Economics and Management): Vol. 1:
Iss.
2, Article 20.
Available at:
https://scholarhub.univh2c.ma/remadeg/vol1/iss2/20