Abstract
In the Chinese mainland, government subsidies look like a delicious “pie” hunted by different cooperatives. Inorder to get more charge of it, however, some cooperatives used strategies distorting the cooperative’s basiccharacters. These problems appeared also decline the capital usage efficiency of government subsidies in acertain extent. This paper uses transaction cost theory to explore the current situation and the cost/benefit existedin different cases. The authors believe that the win-win options for Chinese cooperatives are getting thesupportive resource, developing themselves and profiting from the market as well. In the end, authors suggestthat the financial subsidies should be more used on building a public service platform to realize more and morecooperatives benefiting.
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