This paper reviews the literature on agricultural co-operatives and corporate governance to highlight some of the unique accountability problems faced by the governing boards of directors of producer-controlled agricultural co-operatives. Agricultural co-operative objectives and the problems of...

This paper studies the turnover of board of directors members in a sample of 72 companies listed on the Milan Stock Exchange during the period 1988-1996. We investigate whether board members change more frequently when company performance is poor, as the literature suggests, and whether and how...