Word: coops
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Dates: during 1990-1999
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Your editorial on this year's Coop director elections contains some reasonable proposals, as well as some errors...
...make the Coop elections more than an extra line on someone's bloated resume is for the Coop to incorporate basic accountability procedures into its governance structure. This need not mean that all board meetings and board minutes be open to students. Total disclosure of strategic decisions would hurt the Coop's ability to remain competitive. Yet there should be an established procedure for students to obtain the non-confidential proceedings of board meetings. Yale's cooperative society has such a procedure...
According to Richard Ballard, President of the Yale Coop, students at Yale can also receive the agendas of board meetings, and can attend an annual meeting to ask questions of the board as a whole. Harvard's Coop would do well to imitate both practices. For a bare minimum of accountability, the attendance of members at board meetings should be made public...
...asked candidates for Coop Board to submit a short statement detailing their reasons for running for the position and their stance on making the Coop's directors more accountable to their constituents. The following candidates expressed a commitment to making the Coop's governance more open: Alex Edelstein, Gordon M. Fauth, Jr., Carey M. Knight, Beth Noveck, Pieter M. Pil, Gina Raimondo and Conrad Yun. Of the candidates who responded, only Jed Arkin specifically said that Coop elections should not be more issue-oriented. We did not receive responses from Paul E. Dans and Sarah A.L. Tabler. The following candidates...
...know all the answers to the Coop's problems. In fact, nobody really even knows the details of the problems. Stockholders in other businesses would never allow their boards of directors to operate in complete secrecy and their stockholder elections to be decided solely by the candidates' resumes. It's time for the Harvard Cooperative Society's members to take a lesson from stockholders in corporate America and demand a more accountable board. Students should vote by April 20. Those who lost their ballots can obtain new ones at the Coop...