→ skos:prefLabel → "Cooperative Ownership"@en
→ od:hasContext → "In today’s business world, the shareholder model is still the norm and managers’ main responsibility is to meet the expectations of shareholders without giving equal weight to other stakeholders’ interests."@en
→ od:hasExample → "[Ocean Spray] is an American agricultural cooperative that is owned and operated by 750 cranberry and grapefruit growers. Ocean has annual revenues of $2 billion; the cooperative’s members are the only shareholders. "@en
→ od:hasLFId → "P4", "P10_1"
→ od:hasProblem → "As most businesses focus on meeting shareholder expectations, they do not feel accountable for the effects of their activities on other stakeholders. Stakeholders other than shareholders do not benefit equally from businesses’ value creation."@en
→ od:hasReference → "(Clinton & Whisnant, 2014)"
→ od:hasSolution → "The cooperative model follows a multi-stakeholder approach and is therefore owned and managed by cooperative members. Members can be retail consumers, users of services, employees, suppliers, or the local community, for example."@en