Explain Co-operative Values.
Himanshu KulshreshthaElite Author
Asked: May 14, 20242024-05-14T11:05:50+05:30
2024-05-14T11:05:50+05:30In: Co-operation, Co-operative Law and Business Laws
Explain Co-operative Values.
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Co-operative values are the foundational principles that guide the operation and ethos of cooperative enterprises. These values, encapsulated in the seven internationally recognized principles established by the International Co-operative Alliance, are:
These values emphasize democratic governance, member participation, equitable distribution of benefits, autonomy, cooperation, and social responsibility. By adhering to these principles, cooperatives strive to create sustainable and inclusive economic systems that prioritize the well-being of their members and communities over profit maximization.