TITLE:
Research on Synergetic Symbiosis Relationship between Cooperatives and Joint-Stock Companies —A Theoretical Interpretation of the Practice of New Farmer Cooperatives
AUTHORS:
Yuantai Xie, Haibin Xiong, Lina Fan
KEYWORDS:
New Farmer Cooperatives, Joint-Stock Companies, Synergetic Symbiosis
JOURNAL NAME:
Open Journal of Social Sciences,
Vol.7 No.10,
October
24,
2019
ABSTRACT: Cooperatives and joint-stock companies in China and Western countries can form synergetic relations in theory and practice. The new farmer cooperatives in China also introduce the factors of shares, which need to make a theoretical interpretation. This paper reviews the theoretical research on cooperative system and shareholding system in academia, discusses the specific reasons for the integration of share factors into new farmer cooperatives, explains the symbiotic relationship between cooperatives and joint-stock companies, and demonstrates the history of mutual penetration of share factors and cooperation factors in Chinese and Western cooperatives, then analyzes the necessary and sufficient conditions for the symbiosis of cooperatives and joint-stock companies. Finally, it summarizes the symbiosis model of cooperatives and joint-stock companies at present, and provides the optimal design of its symbiosis mechanism.