Forms of business organization and rural enterprise development: Some examples from Anglophone Africa

For rural enterprises in transition from the informal to the formal sector, the legal form of business organization adopted can significantly affect the management of the firm. Partnerships are simple and flexible but may be too loosely structured for some commercial ventures. Cooperative societies...

Full description

Saved in:
Bibliographic Details
Published inWorld development Vol. 17; no. 11; pp. 1841 - 1852
Main Author Zesch, Scott K.
Format Journal Article
LanguageEnglish
Published Oxford, Eng Elsevier Ltd 01.11.1989
Elsevier Science
Elsevier
Pergamon Press
Pergamon Press Inc
SeriesWorld Development
Subjects
ACTIVITE COOPERATIVE
ADMINISTRACION DE EMPRESAS
Africa
AFRICA DE HABLA INGLESA
AFRIQUE ANGLOPHONE
AGRICULTURA DE TRANSICION
Agriculture
AGRICULTURE DE TRANSITION
ANGLOPHONE AFRICA
Anglophones
Anglophones Afrika
ASSOCIATION
Business
BUSINESS MANAGEMENT
Business organization
Business organization and administration
COMPANIAS
COOPERATIVAS
COOPERATIVE ACTIVITIES
Cooperatives
COPARTICIPACION
DESARROLLO RURAL
Development
DEVELOPPEMENT RURAL
English-speaking Africa
EXPLOITATION AGRICOLE
EXPLOTACIONES AGRARIAS
FARM MANAGEMENT
FARMS
FIRME
FIRMS
GESTION D'ENTREPRISES
GESTION DE L'EXPLOITATION AGRICOLE
Industrial Enterprises
laws and regulations
LEGISLACION
LEGISLATION
Ländliche Wirtschaft
Management
MANEJO DE FINCAS
Organization
PARTNERSHIPS
REGLAMENTACIONES
REGLEMENTATION
REGULATIONS
Rural Areas
RURAL DEVELOPMENT
Rural economics
Rural Government
TRANSITIONAL FARMING
Unternehmen
Africa
Online AccessGet full text
ISSN0305-750X
1873-5991
DOI10.1016/0305-750X(89)90203-9

Cover

More Information
Summary:For rural enterprises in transition from the informal to the formal sector, the legal form of business organization adopted can significantly affect the management of the firm. Partnerships are simple and flexible but may be too loosely structured for some commercial ventures. Cooperative societies are more formally structured than partnerships and are subject to less complicated statutory requirements than companies, although they are vulnerable to far- reaching government intervention. Companies are generally more attractive to institutional lenders and passive investors; however, their complexity makes them better suited to entrepreneurs with substantial business experience.
Bibliography:9041476
E50
E20
ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 14
content type line 23
ObjectType-Article-1
ObjectType-Feature-2
ISSN:0305-750X
1873-5991
DOI:10.1016/0305-750X(89)90203-9