https://link.springer.com/content/pdf/10.1007/978-3-031-17403-2.pdf Measuring Transformational Impact of Cooperatives..intersection between the cooperative model and the Economy for the Common Good (ECG)". Value creation, instead of value extraction, shifts attention from shareholders to stakeholders as beneficiaries of business operations. Cooperative governance is the key component in materializing this transformational role - agents for socially just and equitable transformation toward sustainability, ..
the perspective of change and transformation.. cooperatives contribute to income equality and distributional equity; decommodification of labor, money, and land, but also basic necessities such as housing, knowledge, and healthcare, for example .
With democratic ownership and governance cooperatives distribute power, although they may be prone to isomorphism and oligarchic tendencies, and therefore need to measure and report their “democratic health.” Further, cooperatives promote human dignity, given their humanistic roots (Lutz, 1999; Pirson, 2017), and engage in the intergenerational transfer of wealth: a critical contributing factor for community development.
The Economy for the Common Good (ECG) https://link.springer.com/chapter/10.1007/978-3-031-17403-2_14/figures/1