Co-operatives and demutualisation

The latest edition of ACCORD News carries these items relevant to demutualisation:

The New Zealand Experience;

Why do co-operatives fail as co-operatives?;

the Social Attitudes Survey (When asked if they agreed or disagreed that changing ownership from members to shareholders for high profile mutual organisations such as the AMP and NRMA Insurance, was a mistake for these organisations, almost half (49%) agreed it had been a mistake. In contrast, only 19% disagreed.)