Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China

The sustainable development of cooperatives is essential to agricultural sustainability and is determined mainly by cooperation longevity. The risk sharing and benefit distribution mechanisms are important governance arrangements that affect cooperation longevity in member-heterogeneous cooperatives...

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Autores principales: Zhong, Zhen, Jia, Fu, Long, Wenjin, Chen, Kevin Z.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Informa UK Limited 2022
Materias:
Acceso en línea:https://hdl.handle.net/10568/141148
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author Zhong, Zhen
Jia, Fu
Long, Wenjin
Chen, Kevin Z.
author_browse Chen, Kevin Z.
Jia, Fu
Long, Wenjin
Zhong, Zhen
author_facet Zhong, Zhen
Jia, Fu
Long, Wenjin
Chen, Kevin Z.
author_sort Zhong, Zhen
collection Repository of Agricultural Research Outputs (CGSpace)
description The sustainable development of cooperatives is essential to agricultural sustainability and is determined mainly by cooperation longevity. The risk sharing and benefit distribution mechanisms are important governance arrangements that affect cooperation longevity in member-heterogeneous cooperatives. However, the relationship between cooperatives’ risk sharing and benefit distribution arrangements and cooperation longevity is not well understood. To address this research gap, we provide a conceptual framework to illustrate the relationship between risk sharing, benefit distribution, contract form and cooperation longevity. By conducting 23 interviews with three dairy cooperatives in China using a multiple-case-study method, we find that cooperation longevity is influenced by the alignment of the combination of risk sharing and benefit distribution for cooperatives and their members. Following the principles of risk-benefit equivalence and strategy-risk preference matching, we discuss four scenarios of match or mismatch of combinations of risk sharing and benefit distribution. We suggest that the government needs to strengthen risk mitigation capabilities for cooperatives and members, and to help them to build an effective risk sharing and benefit distribution arrangement to achieve sustainable development.
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institution CGIAR Consortium
language Inglés
publishDate 2022
publishDateRange 2022
publishDateSort 2022
publisher Informa UK Limited
publisherStr Informa UK Limited
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spelling CGSpace1411482025-12-08T10:06:44Z Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China Zhong, Zhen Jia, Fu Long, Wenjin Chen, Kevin Z. dairy cooperatives risk management farmers cost benefit analysis milk by-products cooperatives risk The sustainable development of cooperatives is essential to agricultural sustainability and is determined mainly by cooperation longevity. The risk sharing and benefit distribution mechanisms are important governance arrangements that affect cooperation longevity in member-heterogeneous cooperatives. However, the relationship between cooperatives’ risk sharing and benefit distribution arrangements and cooperation longevity is not well understood. To address this research gap, we provide a conceptual framework to illustrate the relationship between risk sharing, benefit distribution, contract form and cooperation longevity. By conducting 23 interviews with three dairy cooperatives in China using a multiple-case-study method, we find that cooperation longevity is influenced by the alignment of the combination of risk sharing and benefit distribution for cooperatives and their members. Following the principles of risk-benefit equivalence and strategy-risk preference matching, we discuss four scenarios of match or mismatch of combinations of risk sharing and benefit distribution. We suggest that the government needs to strengthen risk mitigation capabilities for cooperatives and members, and to help them to build an effective risk sharing and benefit distribution arrangement to achieve sustainable development. 2022-09-03 2024-04-12T13:37:22Z 2024-04-12T13:37:22Z Journal Article https://hdl.handle.net/10568/141148 en Open Access Informa UK Limited Zhong, Zhen; Jia, Fu; Long, Wenjin; and Chen, Kevin Z. Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China. International Journal of Agricultural Sustainability 20(5): 982-997. https://doi.org/10.1080/14735903.2022.2041229
spellingShingle dairy cooperatives
risk management
farmers
cost benefit analysis
milk by-products
cooperatives
risk
Zhong, Zhen
Jia, Fu
Long, Wenjin
Chen, Kevin Z.
Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China
title Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China
title_full Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China
title_fullStr Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China
title_full_unstemmed Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China
title_short Risk sharing, benefit distribution and cooperation longevity: Sustainable development of dairy farmer cooperatives in China
title_sort risk sharing benefit distribution and cooperation longevity sustainable development of dairy farmer cooperatives in china
topic dairy cooperatives
risk management
farmers
cost benefit analysis
milk by-products
cooperatives
risk
url https://hdl.handle.net/10568/141148
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AT longwenjin risksharingbenefitdistributionandcooperationlongevitysustainabledevelopmentofdairyfarmercooperativesinchina
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