Since the recent crisis, the resilience of worker cooperatives has not gone unnoticed in Europe (Cecop, 2012). In France this renewed interest in worker cooperatives has led to a new law in 2013 promoting this model of enterprise based on democratic governance. The legal status of worker...

Introduction -- Historical materialism and democratic firm management -- A system of producer cooperatives -- Democratic firm management and socialism -- More advantages of a system of democratic firms -- Unemployment in a system of producer cooperatives -- Democratic socialism and income...

Worker cooperatives are enterprises owned by employees who are sharing the decision taking. This form of enterprises is an old one in Europe but the recent crisis has underlined their capacity of resilience. Furthermore, worker cooperatives are non purchasable and non relocatable. So, it has...

Research questions: How are management agreements in the German hotel market configured as reaction to the growing uncertainty? Which adaptations are made to management agreements in Germany according to their uncertainty reducing effect? Is a higher level of flexibility negotiated into...

Are high-ability individuals more likely to quit egalitarian regimes? Does the threat of exit by talented individuals restrict the redistributive capacity of democratic organizations? This paper revisits that long-standing debate by analyzing the interplay between compensation structure and quit...

Selbstverwaltete Betriebe bilden in der Schweiz und vielen anderen Ländern einen Organisationstypus an der Schnittstelle zwischen wirtschaftlicher und zivilgesellschaftlicher Sphäre, und sie sind ein Spezialfall der Sozialunternehmung. Ihr wirtschaftlicher Charakter ergibt sich daraus, dass...

A worker co-operative is a firm that is owned and managed by those who work in it. This paper provides a selective review of research in economics on worker cooperatives. It concentrates on the volatility of earnings and employment in the co-ops compared with conventional capitalist firms; on...

We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski is a retail distribution chain and, most unusually, there are two distinct types of hypermarkets: (i) cooperatives with significant employee ownership and voice; and (ii) GESPAs...