Vertical Markets and Cooperative Hierarchies

The Role of Cooperatives in the Agri-Food Industry

  • Kostas Karantininis
  • Jerker Nilsson

Table of contents

  1. Front Matter
    Pages I-XIV
  2. Claude Ménard
    Pages 1-18
  3. Kostas Karantininis
    Pages 19-34
  4. Yuna Chiffoleau, Fabrice Dreyfus, Rafael Stofer, Jean-Marc Touzard
    Pages 35-60
  5. Fabio R. Chaddad, Michael L. Cook
    Pages 61-72
  6. Nikos Kalogeras, Joost M.E. Pennings, Gert van Dijk, Ivo A. van der Lans
    Pages 73-92
  7. Murray Fulton, Konstantinos Giannakas
    Pages 93-113
  8. Søren Vincents Svendsen
    Pages 113-135
  9. Anastassios Gentzoglanis
    Pages 151-167
  10. Laurence Harte, John J. O’connell
    Pages 195-211
  11. Peter Bogetoft, Henrik Ballebye Olesen
    Pages 213-223
  12. Jerker Nilsson, Philippe Ruffio, Stéphane Gouin
    Pages 225-243
  13. Henrik Ballebye Olesen
    Pages 245-253

About this book


Agricultural cooperatives have strong market positions in agri-food industries, in many countries. In recent decades we have witnessed significant changes in competition, distribution of market power and governance structures of agri-food chains. Between vertical market structures, cooperative principles, and hierarchical governance structures, cooperatives have been continuously adjusting in their strive for competitiveness, innovation, and survival. They have implemented alternative governance structures, employed new financial instruments, and invented novel organizational set-ups. Consequently, some members feel that the traditional cooperative traits are fading.

The competitiveness of agricultural cooperatives is puzzling to many observers, considering that cooperatives, at least in principle, deviate from the profit maximizing drive of the investor-owned firms. Furthermore little is known about the effect of governance structures of today’s cooperatives on the agri-food industry.

Vertical Markets and Cooperative Hierarchies comprises a selection of sixteen newly written essays that provide clarification to issues pertinent to contemporary cooperatives. Twenty three internationally recognized scholars of agricultural cooperatives, from a variety of disciplines such as industrial organization, finance, sociology, networks, and political theory, contributed theoretical work and empirical observations from different countries. The book is divided into five Parts: I. Cooperatives: between markets and hierarchies; II. Governance; III. Internal organizational issues; IV. Conduct of cooperatives; and V. Cooperative performance.

About the Editors:

Kostas Karantininis is research professor of Economics of Agri-Food Supply Chains and Cooperatives at the Royal Veterinary and Agricultural University, Denmark.

Jerker Nilsson is professor of Cooperative Business at the Swedish University of Agricultural Sciences, Sweden.


Agri-Food Chains Agri-food industry Marketing agriculture co-operatives cooperatives organization value chain vertical integration

Authors and affiliations

  • Kostas Karantininis
    • 1
  • Jerker Nilsson
    • 2
  1. 1.Royal Veterinary and Agricultural UniversityCopenhagenDenmark
  2. 2.Swedish University of Agricultural SciencesUppsalaSweden

Bibliographic information