Advances in the Economic Analysis of Participatory & Labor-Managed Firms

Online-Ressource (292 p)

Advances in the Economic Analysis of Participatory & Labor-Managed Firms ; v.16

Advances in the Economic Analysis of Participatory and Labor-Managed Firms Ser ; v.16

Description based upon print version of record

Front Cover; Advances in the Economic Analysis of Participatory & Labor-Managed Firms; Copyright page; Contents; List of Contributors; Foreword; Editor's Introduction; Alternative Organizational Forms; Participatory Human Resource Practices; On the Entry of Employee-Owned Firms: Theory and Evidence from U.S. Manufacturing Industries, 1870-1960; Introduction; Formation and Choice of Organizational Form; Assumptions Underlying the Model; Decision-Making of Potential Cooperators; Costs of Information and Association and the Possibility of Market Failure; Institutions and the Data on PCs

Empirical Analysis and ResultsDiscussion of Empirical Results; Conclusions; Notes; Acknowledgments; References; Appendix; How to Start an Employee-owned Industrial Company and Survive for 35 Years; Introduction; The Impossibility of Employee Ownership; Degeneration Tendencies toward Traditional Ownership; Employee Ownership as a Historical Parenthesis; The Employee Takeover of Ljuders Nickelsilfverfabrik; The Effects of the Employee Takeover; The Legitimizing Leadership; The Possibility of Employee Ownership; Changes Take Time; Pride in the Collective

A Recipe for a Successful Employee Takeover and OwnershipAcknowledgments; References; Motivations for Establishing Cooperative Companies in the Performing Arts: A European Perspective; Introduction; The Economic Context of Performing Arts in Europe; Why Must Collective Firms be Established? Insights from the Literature; Methodology of the Research; Sampling; Data Collection; Collection Protocol; Semi-Directive Interviews; Data Structure; Analysis and Validity of Data; Results and Discussion; Influence of the Instrumental Motive; A Dominant Economics Logic; Complementary Non-Economics Logics

DiscussionInfluence of the Ideological Motive; Shared Artistic and Ideological Values; Image and Militancy; Discussion; Contextual Influence; Complementary Results and Comments; Does the Dominant Type of Motivation Influence the Success of Collective Projects?; Dominant Motivation Type and Type of Organization; Concluding Remarks; Notes; Acknowledgements; References; Organizational Structure and Performance in European Banks: A Reassessment; Introduction; Conceptual Framework; Existing Empirical Evidence; The Data; Empirical Approach and Summary Statistics; Regression Results

Baseline ResultsRobustness Checks; Conclusions; Notes; Acknowledgments; References; Appendix: Data Changes; Formal Organizational Power and Innovation: From a Principal-Agent to an Institutionalist View; Introduction; Formal Organizational Power: Ownership and Governance; Innovation Efforts as a Key Feature of Innovation; Extant Views on Formal Power and Innovation: Micro-Level Views; An Institutionalist View of Formal Power and Innovation; MONDRAGON and Cases with the extreme Case; Background and Institutional Environment; Cases of Capital-Intensive Innovation

Company A: A Success Case of Capital-Intensive Innovation

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