Commonalities of the Mondragon Corproacion Cooperativa Spain, the Grameen Bank of Bangladesh, the Evangeline Cooperatives, and the Big Carrot cooperative social ventures of Canada

Abstract

The main objective of this is paper to compare and contrast the Evangeline Cooperatives in Canada, the Big Carrot in Toronto, the Mondragon in Spain, and the group based microcredit Grameen Bank in Bangladesh through the lens of the cooperative movement in Canada, Spain, and Bangladesh. Results show that the idea of corporate responsibility can be shifted by a cooperative movement and become the heart of its value system. While, new social stock markets with social enterprise cooperatives can accelerate investment in social enterprise cooperatives to promote employment, sustainable development and to reduce poverty.