This latest volume of Advances contains a series of original and innovative empirical and survey papers that investigate theoretical and contemporary issues facing participatory organizations. The first four papers explore the growing area of participatory and labor-managed firms' survival. The...

The paper explores the pattern of early closure risks for worker cooperatives, whether this pattern involves a “liability of newness” or a “liability of adolescence” and whether it applies identically to coops created from scratch, to rescues of failing firms and to conversions from...

Worker cooperatives are the least well-known part of the cooperative movement. Part of the reason is that the idea of a business run by its employees sounds unrealistic to many people. Yet there are thousands of worker cooperatives and related businesses around the world, including some very...