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    • #7558
      Alexa CreelmanAlexa Creelman

      Our governance operates on the principle of one member, one vote AND (if called upon by membership) a proportional vote (arguably similar to the stockholder model). If triggered, in order for a vote to pass it must receive double majority- as a sort of counterweight.

      We are a second tier co-operative organization and the evolution of the system (a few very large members with a sizeable gap between them and the remaining membership) has created a state in which some members disproportionately hold the risk, and contribute the capital, of the co-op.

      This change was made before my time, but I believe (at least in part) it was an attempt to strike a balance between governance, risk, and capital.

      Are there any other examples of co-operative organizations that have had to evolve their model to balance governance, risk, and capital?

    • #7563
      Jen BudneyJen Budney

      This is great, Alexa, thank you. You raise an excellent point about the problem of disproportionate risk in an organization comprised of members of very different sizes — this would hold true for countless second-tier co-ops and credit unions, but even at the local level there are always individual members with much more at stake in the success of their co-op than others – which is why there are rules at many co-ops about patronage and board eligibility – it’s one thing to be a member, but to have significant decision-making influence, you need to put your money where your mouth is, so to speak.

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