Corporation and cooperative

7
Corporation VS

Transcript of Corporation and cooperative

Page 1: Corporation and cooperative

Corporation VS

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a company or group of people authorized to act as

a single entity (legally a person) and recognized as

such in law.

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COOPERATIVE

 is an autonomous association of people united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically controlled business.

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1. Voluntary and Open Membership2. Democratic Member Control3. Member Economic Participation

4. Autonomy and Independence5. Education, Training and Information6. Co-operation among Co-operatives

7. Concern for Community

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DIFFERENCES:CORPORATION COOPERATIVE

OWNED BY SHAREHOLDERS AND ARE MANAGED BY A BOARD OF DIRECTORS

IS RUN AND OWNED BY ITS MEMBERS

ARE FOR PROFIT NON-PROFIT

MAINLY TO MAKE MONEY FROM SERVICES MAINLY TO PROVIDE SERVICES

EXAMPLES:        APPLE INC./SAN MIGUEL CORPORATION       MCDONALDS/ JOLLIBEE/PLDT

EXA MPLES:          TAGUM COOPERATIVE/PAG-IBIG           BDO/METROBANK/RCBC

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SIMILARITY

SELL PRODUCTS OR SERVICES

ARE SUPERVISED BY THE GOVERNMENT

DEPEND ON BUSINESS EFFICIENCY


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Cooperative Corporation, lnc. - KY Public Service Commission cases/2006-00304/SCRTC_Applicatio… · South Central RT South @e al Telephone - - Cooperative Corporation, lnc. Communications

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Grayson ectric Cooperative Corporation - KY Public … Case Referenced Correspondence/2010... · Grayson ectric Cooperative Corporation 109 Bagby Park ... April 18,201 1-Carol A Fraley,

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INTERNATIONAL POST CORPORATION - Science …sciencebasedtargets.org/.../Science-Based-Targets-Case-study-IPC.pdfInternational Post Corporation (IPC) is a cooperative association of

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MODEL BENEFIT CORPORATION LEGISLATION · 37 corporation, such as a professional corporation or for-profit cooperative corporation]. 38 The provisions of this [chapter] shall control

MODEL BENEFIT CORPORATION LEGISLATION · 37 corporation, such as a professional corporation or for-profit cooperative corporation]. 38 The provisions of this [chapter] shall control