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Unlike many private universities, rural electric cooperatives are controlled democratically by member-owners. In this case, it was a nested structure: the membe
by clcaev 6y ago
Unlike many private universities, rural electric cooperatives are controlled democratically by member-owners. In this case, it was a nested structure: the members were a dozen of local distribution cooperatives. Those distribution cooperatives have households for their member-owners. So, the power to regulate executive salary by households was there.