The value of sitting on a cooperative board

02 September 2019

As cooperative businesses undergo a resurgence, directors need to be alert to the differences in the unique governance model of a democratically controlled organisation.

“Absolutely there’s a co-op resurgence,” says Melina Morrison MAICD, CEO of the Business Council of Co-operatives and Mutuals (BCCM), Australia’s peak body representing more than 2000 member-owned firms, including superannuation funds, motoring organisations, banks and agribusinesses. “Membership is growing across the world and we’re seeing startups responding to new areas of market failure. It’s the ninja economy — hiding in plain sight.”

Read the full article, The value of sitting on a cooperative board, Australian Institute of Company Directors, 1 September 2019.

Latest news

04 April 2024

Podcast: Benefits of Housing Co-ops with Linda Seaborn

Sage Godrei engages in a compelling conversation with Linda Seaborn, Senior Policy Advisor at the BCCM, shedding light on the advantages of the housing co-op model.
03 April 2024

Newcastle Building Society turns its focus to community and regional development

Newcastle Building Society is the first UK organisation to receive Mutual Value Measurement Accreditation, developed in Australia for the mutuals sector.
28 March 2024

‘Time is right’ for government-backed RMBS: Greg Medcraft

"The AFG chairman and former ASIC chair says the time is now right to bring about the competition inquiry’s ‘compelling’ recommendation for a public RMBS.