Systematic review of factors influencing the effectiveness of the co-operative board

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Facultad de Ciencias Económicas y Empresariales. Escuela de Estudios Cooperativos
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Co-operatives played a significant part of the global economy, and its success depends on the effectiveness of the co-operative board to perform their roles. This article is aimed at reviewing and synthesizing the literature of the last ten years in order to enhance our understanding of the factors that have affected the effectiveness of the board. A systematic review of the Scopus and Web of Science databases identified 13 related studies that respond to research questions, guided by the PRISMA Statement (Preferred Reporting Items for Systematic Reviews and Meta-Analyses) method. An analysis of these articles resulted in four main themes – board composition, board characteristics, board structure and board process, and these four themes formed a total of 12 sub-themes. This study has three significant contributions. Firstly, it provides an overview of studies of the co-operative board. Second, this systematic review highlighted the factors impacting the board's effectiveness. Finally, derived from this systematic analysis, we draw the pattern of variables that were analyzed in assessing the efficacy of the co-operative board. The findings indicated that the studies of the co-operative board are still inadequate, and in the context of developing countries, empirical research lags even further behind. Most studies concentrate mainly on the effect of board characteristics, followed by board composition, board process and board structure. Some recommendations for future research are outlined to explore other related factors that may enhance the co-operative board's effectiveness, namely from the perspective of the resource provision role of directors.
Las cooperativas desempeñaron una parte importante de la economía global, y su éxito depende de la efectividad de la Junta cooperativa para desempeñar sus funciones. Este artículo tiene como objetivo revisar y sintetizar la literatura de los últimos diez años para mejorar nuestra comprensión de los factores que han afectado la efectividad de la Junta. Una revisión sistemática de las bases de datos Scopus y Web of Science identificó 13 estudios relacionados que responden a preguntas de investigación, guiados por el método de la Declaración PRISMA (Elementos de informes preferidos para revisiones sistemáticas y metaanálisis). Un análisis de estos artículos dio como resultado cuatro temas principales: composición del Consejo, características del mismo, su estructura y proceso, y estos cuatro temas formaron un total de 12 subtemas. Este estudio tiene tres contribuciones significativas. En primer lugar, proporciona una visión general de los estudios de la Junta cooperativa. En segundo lugar, esta revisión sistemática destacó los factores que afectan la efectividad de la Junta. Finalmente, derivado de este análisis sistemático, dibujamos el patrón de variables que se analizaron al evaluar la eficacia de la Junta cooperativa. Los resultados indicaron que los estudios de la Junta cooperativa siguen siendo inadecuados y, en el contexto de los países en desarrollo, la investigación empírica se encuentra aún más rezagada. La mayoría de los estudios se concentran principalmente en el efecto de las características del Consejo, seguidos de la composición, el proceso y su estructura. Se describen algunas recomendaciones para futuras investigaciones para explorar otros factores relacionados que pueden mejorar la efectividad de la junta cooperativa, es decir, desde la perspectiva de la función de provisión de recursos de los directores.
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