Capital Formation in Kenyan Farmer-Owned Cooperatives. A Case Study. PP 12

Table of Contents

Summary of a case study by

Pekka Jämsén
Seppo Ikäheimo
Helsinki School of Economics and Business Administration
Pasi Malinen
in collaboration with the
Business Research and Development Centre
Turku School of Economics and Business Administration

ISSN 1020-122X


Rome, 1999

For the full study report, please contact:
Dr Pasi Malinen, Business Research and Development Centre
Turku School of Economics and Business Administration
PO Box 110, FIN-20521 Turku
Fax: +358-2-3383268;

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ISBN 92-5-104330-2

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Table of Contents

List of Abbreviations



1. Mobilising Capital for Farmer Co-operatives in LDCs: The Problem

2. The Current State of Agricultural Co-operatives in Kenya

3. Aim and Methodological Approach of the Second Kenya Study

4. Organisational Culture and Investment Behaviour: A Theoretical Framework

5. Empirical Results

6. Member Perceptions of Organisational Strengths and Weaknesses

7. Organisational Culture and Investment Decision Making

8. Ideas for Strengthening Capital Formation in Kenyan Dairy and Coffee Co-operatives

9. Improving Financial Disclosure, Taxation and Managerial Motivation

10. Co-operative Principles and Capital Formation

11. Concluding Remarks