Investment and Finance in Agricultural Service Cooperatives

摘要

Cooperatives perform commercial and other functions related to agriculture and to economic and social development. Cooperatives are organized and operated on the basis of cooperative principles, which provide objectives and methods of operation that distinguish cooperatives from other organizations. Cooperative principles impose certain operating and financing constraints, which may place cooperatives at a disadvantage relative to other forms of commercial enterprise. Financial aspects of these constraints are explored in the paper.