Author(s)

Yuantai Xie¹, Haibin Xiong², Lina Fan³

¹School of Economics and Management, Jiangxi Agricultural University, Nanchang, China.
²Gannan Medical University, Ganzhou, China.
³Jiangxi University of Finance and Economics, Nanchang, China.

Cooperatives and joint-stock companies in China and Western countries can form synergetic relations in theory and practice. The new farmer cooperatives in China also introduce the factors of shares, which need to make a theoretical interpretation. This paper reviews the theoretical research on cooperative system and shareholding system in academia, discusses the specific reasons for the integration of share factors into new farmer cooperatives, explains the symbiotic relationship between cooperatives and joint-stock companies, and demonstrates the history of mutual penetration of share factors and cooperation factors in Chinese and Western cooperatives, then analyzes the necessary and sufficient conditions for the symbiosis of cooperatives and joint-stock companies. Finally, it summarizes the symbiosis model of cooperatives and joint-stock companies at present, and provides the optimal design of its symbiosis mechanism.

New Farmer Cooperatives, Joint-Stock Companies, Synergetic Symbiosis

Xie, Y. , Xiong, H. and Fan, L. (2019) Research on Synergetic Symbiosis Relationship between Cooperatives and Joint-Stock Companies —A Theoretical Interpretation of the Practice of New Farmer Cooperatives. Open Journal of Social Sciences, 7, 316-330. doi: 10.4236/jss.2019.710027.