Are Cooperative Societies Transforming into Cooperative Companies? : Reflections on the Finnish Cooperatives Act

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dc.contributor.author Pönkä, Ilkka Hannu Ville
dc.date.accessioned 2019-05-24T08:49:01Z
dc.date.available 2019-05-24T08:49:01Z
dc.date.issued 2019-02-06
dc.identifier.citation Pönkä , I H V 2019 , ' Are Cooperative Societies Transforming into Cooperative Companies? Reflections on the Finnish Cooperatives Act ' , European Business Law Review , vol. 30 , no. 1 , EULR2019003 , pp. 77-99 .
dc.identifier.other PURE: 94679531
dc.identifier.other PURE UUID: 377f0739-0fb5-4185-ace9-5c012b89319c
dc.identifier.other ORCID: /0000-0003-4580-0434/work/57798839
dc.identifier.uri http://hdl.handle.net/10138/302085
dc.description Artikkeli on hyväksytty julkaistavaksi ja se ilmestyy EBLR:n numerossa 1/2019
dc.description.abstract This article examines the so-called companization of cooperative law. Companization refers to the phenomenon of national cooperative laws adopting elements of efficiency- oriented company legislation; i.e., cooperative societies seem to be slowly transforming into cooperative companies. Companization is a widely recognized issue, but there is little research on the topic. This is unfortunate, since studying companization helps us understand the relationship between cooperative law and company law, and, furthermore, it serves as a gateway to the investigation of the essential nature of cooperatives and why we need them. This article examines the companization of cooperative law using the Finnish Cooperatives Act (FCA) as a framework for analysis. The FCA is a good instrument for elaborating what companization means in practice, since cooperatives play a larger role in the Finnish economy than anywhere else in the world and since companization has been the conscious objective of Finnish legislators. This research was conducted by reflecting on the FCA in relation to the international cooperative law doctrine, using the ICA’s cooperative principles as a benchmark. The findings reveal many signs of companization, and this does not only concern Finland: Companization is a global trend which requires further attention. en
dc.format.extent 23
dc.language.iso eng
dc.relation.ispartof European Business Law Review
dc.rights cc_by_nc_sa
dc.rights.uri info:eu-repo/semantics/openAccess
dc.subject 513 Law
dc.title Are Cooperative Societies Transforming into Cooperative Companies? : Reflections on the Finnish Cooperatives Act en
dc.title.alternative Ovatko osuuskuntayhteisöt muuttumassa osuuskuntayhtiöiksi : Vertailua Suomen osuuskuntalakiin fi
dc.type Article
dc.contributor.organization Faculty of Law
dc.description.reviewstatus Peer reviewed
dc.relation.issn 0959-6941
dc.rights.accesslevel openAccess
dc.type.version publishedVersion

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