« Back to Glossary Index

An association operating on a service motive, which provides services to its members and receives limited return of capital. Unlike a company, all members of a cooperative have only one vote, irrespective of their shareholding.

Cover of Frederick, O'Connor, Kuratko (2019), Entrepreneurship Theory Process Practice (Melbourne: Cengage)Glossary term from Asia-Pacific edition of Entrepreneurship Theory Process Practice (Melbourne: Cengage, 2019)

Follow me

entreVersity

Content Master at entreVersity
entreVersity's content has been vetted by professional editors and authors for more than twenty years.  If you have a correction, please contact mailto:[email protected]
Follow me

Latest posts by entreVersity (see all)