Word: coops
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Dates: during 1990-1999
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...board has talked about the possibility of changing the format and allowing students to put position papers in the balloting-materials. The biggest problem is that non-incumbent candidates have little opportunity to familiarize themselves with Coop operations. Because the Coop is a profit-oriented organization, and faces extensive competition, it must keep much of its operating strategy, such as profit margins, expansion and markdowns confidential, or risk losing some of its competitive strength. So, first-time candidates have little opportunity to gain real understanding of the Coop's mechanisms, constraints, and abilities. This handicaps their ability to compose lucid...
...agree with you that accountability is necessary to lend credence to this electoral procedure. But I disagree with your contention that accountability will dissolve the massive apathy students demonstrate toward the Coop's internal affairs. Early in my term, I made two efforts to offer accountability: I offered to provide information on Coop affairs to the Undergraduate Council and I instigated an open forum for the specific purpose of providing board access to students and other Coop members. Both endeavors failed. The UC was uninterested, and hardly anyone came to the forum. In addition, I have had my telephone number...
Would your proposed Annual Meeting fair [sic] any better? The consensus among the board is that it would likewise be scantily attended. I brought up the issue at the April 11th meeting, and the chairman, Professor Milton Brown, stated that the Coop had offered meetings for the membership, and that at the last one, only two members had shown up. Now, I'd be happy to meet with any two students who had a concern, and I think the other undergraduate directors would also be willing. But other board members are reluctant to commit to this kind of situation, mainly...
...Coop, as I have explained, does not operate in complete secrecy. Like other corporations, we publish an annual report. Much of our financial operations and policy decisions are therefore of public record. Actually, by publishing telephone numbers of directors in The Crimson, the Coop is operating with less secrecy than most corporations...
...stock holdings. Most slates of directors run unopposed and are elected with unanimity. I have never seen a director candidate of an American corporation offer anything more, with the sole exception of rare proxy-battle situations such as the recent Lockheed/NL conflict. The amount of issue-based campaigning in Coop elections, weak though it is, is more than 99 percent of corporate elections...