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TENDENCIES AND FACTS IN THE PROCESS OF MAINTAINING CAPITAL OF ROMANIAN CONSUMERS’ COOPERATIVES

Journal: The Journal CONTEMPORARY ECONOMY (Vol.2, No. 2)

Publication Date:

Authors : ;

Page : 5-20

Keywords : co-operative society; share capital; shares; divisible assets; indivisible assets.;

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Abstract

Whereas prior to 1990 the co-operative movement held an important position in the national economy, later on, going from centralized economy to market economy, this sector saw a continuous decline, and consumers' co-operatives – the subject matter of our study – were forced, in line with their resources, to adapt to new tendencies as they emerged. And, since development of a large co-operative movement requires a support system capable to transfer knowledge of a great number of people, in addition to capital resources to favour cooperation, the undertaking of our paper aims at the very methods to maintain Romanian co-operative societies, process which has been ignored over the past two decades both by the lawmakers and entities directly concerned.

Last modified: 2018-02-13 23:05:18