Financial performance of the cooperative social economy company guarantor of social and commercial activity
Journal Title: Zarządzanie i Finanse - Year 2013, Vol 11, Issue 1
Abstract
The economic potential of the social economy determines the number of active social economy that is 69 thousand, including 9 thousand cooperatives on 30.06.2007. Until 1989, recorded a decline in the number of cooperative entities with more than 43%. The reduction also occurs in the economic potential of the sector and its share in the GDP, which fell from 9.5% in 1989 to 1.9% in 2008. Currently, the rate of decline has slowed down, if stable, and despite a significant reduction in the volume of economic sector still plays an important function at the interface between economic and social policies in 15 different industries. Operators have a dominant share of the real estate industry such as housing cooperatives (36.2%). Their financial situation is different. Among the co-operative entities in the industry - real estate management, and only 8% in 2005 ended negative financial result. This shows respect for the rights of cooperative housing market and the need to generate profit, while share it in accordance with the objectives of social enterprise and social mission. This affects the reduction of social problems such as unemployment and poverty in Poland. Cooperative in this article is an example of the fact that the success of social enterprises in the market economy can achieve the objectives of economic and social life at the same time protects their members, their families and the environment.
Authors and Affiliations
Michał Zubek
Keywords
Related Articles
- EP ID EP88328
- DOI -
- Views 72
- Downloads 0
Provincial databases on degraded post-industrial and post-military areas as an element supporting their transformation processes in line with the principles of sustainable development
In the absence of new developed areas for investment, the re-development of degraded post-industrial and post-military areas should be promoted among potential investors. Keeping records of endangered areas by establishi...
Klaster chemiczny w województwie opolskim – studium przypadku
Analiza koncentracji pracujących w przemyśle oraz analiza produkcji sprzedanej pozwala na wskazanie przemysłu chemicznego jako niezwykle ważnego dla gospodarki województwa opolskiego. W tym kontekście można mówić o...
Effective competency management as a prerequisite of shaping a competitive advantage of the organization
In knowledge economy the competitiveness of the organization is no longer determined by investments in tangible resources. Today, in the new economic reality, the functioning of the organization is increasingly affected...
Impact of financial crisis on the structure of public debt in the European Union countries
Growing public sector imbalances in the EU countries result in an increase of the volume of public debt. The purpose of the article is to assess changes in the structure of public debt in the EU countries during th...
Klastry jako narzędzie internacjonalizacji przedsiębiorstw
Transformacja, z jaką mamy obecnie do czynienia w gospodarce światowej, jest bezprecedensowa. Polityczne, ekonomiczne, a przede wszystkim technologiczne zmiany powodują dalekosiężne konsekwencje dla współczesnego środowi...