Concept Paper: Asset Building through Cooperative Business Ownership: Defining and Measuring Cooperative Economic Wealth
Author(s):
Jessica Gordon Nembhard
Year:
2008
Many cooperative studies scholars and co-op practitioners believe that successful cooperative businesses create wealth and help their members accumulate wealth and/or assets. Individual asset building or wealth accumulation is assumed to be an outcome from cooperative ownership, in addition to individual and community benefits such as job creation, education and training, income generation, affordable quality products, social capital development, and economic stability.