Employee-ownership and co-operatives Books

Book SynopsisTrade ReviewWorthwhile reading for those who don't believe in the holy grail in the markets; a must-read for those who do. -- Jack Schwager, author of Hedge Fund Market Wizards A novel approach aimed at pushing you inside your head and outside the losing habits most folks adopt right after multiple successes. A must-have for traders blessed with a string of hot trades. -- Ken Fisher, Fisher Investments FORBES At Ned Davis Research, we like to say that we are in the business of making mistakes and that the only difference between winners and losers is that winners make small mistakes and losers, big mistakes. This book does an excellent job in explaining in simple English the potential psychological 'flaws' that cause investors to make big mistakes. -- Ned Davis, Ned Davis Research, Inc. One of the rare noncharlatanic books in finance. -- Nassim Nicholas Taleb, from Antifragile: Things That Gain from Disorder Plenty of books recount past successes or focus on how to make money in the market, but what about keeping the money you already have? This may seem like a high-class problem, but it is a very real challenge for investors with substantial capital. -- John Mihaljevic Beyond Proxy [An] enlightening read. -- Brenda Jubin Investing.com The book points out very early that many successful investors have opposing styles and theories on how to make money, and that they can not all be right at the same time. The most important point to take from the book is how to avoid losing money... -- Steve Osbiston Financial Times AdvisorTable of ContentsForeword Preface to the Columbia Edition Preface Part I. Reminiscences of a Trader 1. From Hunger 2. To the Real World 3. Wood That I Would Trade 4. Spectacular Speculator 5. The Quest Part II. Lessons Learned 6. The Psychological Dynamics of Loss 7. The Psychological Fallacies of Risk 8. The Psychological Crowd Part III. Tying It All Together 9. Rules Conclusion Postscript Appendix Notes Bibliography

Read more less

Book Synopsis

Read more less

Book Synopsis

Read more less

Book SynopsisTrade ReviewKara's exploration is perhaps the most ambitious and reasoned treatment of this form of slavery in the modern era. By combining academic rigor and discipline alongside the narratives and voices of slaves, Kara offers a definitive analysis of the complexity of bonded labor as well as a reinvigoration of the movement to end this form of slavery globally. A must-read for all who want to better understand the trajectory of the global economy and its effect on labor. -- Randy Newcomb, president/CEO, Humanity United Kara's eye-opening view of bonded labor jolts the reader into acute awareness of one of the most insidious forms of modern-day slavery, inciting us to act to end this crime against humanity. -- Anne Archer, founder, Artists for Human Rights This book is a tool for a slave-free future. Incisive, relevant, and composite, it offers the latest data on bonded labor in South Asia, argues brilliantly that choice is irrelevant to bondage, and has new 'how-to' guides for activism. -- Ruchira Gupta, president/founder, Apne Aap Women Worldwide A beautifully lucid, compelling mixture of history, investigative journalism, personal testimony, and trenchant socioeconomic criticism. -- Jacqueline Bhabha, Harvard University An eloquent description of human misery and courage. The unique contribution of Kara's book is his in-depth economic analysis of industries where high profits are made on the expense of millions of poor and vulnerable people. -- Beate Andrees, International Labour Office Bonded Labor blends an historical account of the origins of slavery with meticulous research and first-hand testimonies from victims. The book enables the reader to fully grasp the extent of the problem and should move us all to act. -- Nina Smith, executive director, GoodWeave U.S.A. Beyond sobering, disturbing, yet so well and humanly written. The solutions proposed are the clearest in relegating this modern-day slavery, finally, to history. -- Erica Stone, president, American Himalayan Foundation Passionate...yet data-driven and absent of sensationalism, Kara's spotlight on debt bondage, "at once the most ancient and most contemporary face of human servitude," warrants profound attention. Publishers Weekly This book is a valuable resource for policy makers, human-rights activists, legal experts and academics, as well as for businesses with supply chains in developing countries. It deserves attention, and should inspire the eradication of the insidious crime of enslavement. -- Kathleen Hwang Asia Literary Review Researchers, academics, teachers, students, activists, community workers...would all benfit from reading Bonded Labor. -- Angie Redecopp Journal of Human TraffickingTable of ContentsList of Tables and Figures Preface Acknowledgments 1. Bonded Labor: An Overview 2. Agriculture: Kamaiya and Hari 3. Bricks and Bidis 4. Shrimp and Tea 5. Construction and Stonebreaking 6. Carpets and Other Sectors 7. Bonded Labor and the Law 8. Tackling Bonded Labor Appendix A: Global Slavery Metrics Appendix B: Select Bonded Labor Economics Appendix C: Select Bonded Labor Supply Chains Appendix D: Bonded Labor as Defined by India's Bonded Labour System (Abolition) Act Appendix E: Bonded Labor Law and Cases: Pakistan Appendix F: Select Economic and Human Development Statistics Notes Works Cited Index

Read more less

Book SynopsisFocuses on such areas as: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being.

Read more less

Book SynopsisFocuses on such areas as: the fraction of firms that participate in shared capitalism programs in the United States and abroad, the factors that enable these firms to overcome classic free rider and risk problems, the effect of shared capitalism on firm performance, and the impact of shared capitalism on worker well-being.

Read more less

Book SynopsisTackles the relationship between the privatization of risk, and focuses on - health care and health insurance; employment insecurity and labor markets; pensions, assets, and social security; the pharmaceuticals industry; and natural disasters and homeland security.Table of ContentsIntroduction: High Anxiety, by Katherine S. Newman 1. Short(er) Shrift: The Decline in Worker-Firm Attachment in the United States, by Henry S. Farber 2. Not So Fast: Long-Term Employment in the United States, 1969-2004, by Ann Huff Stevens 3. Hurt the Worst: The Risk of Unemployment among Disadvantaged and Advantaged Male Workers, 1968-2003, by Benjamin J. Keys and Sheldon Danziger 4. Rising Angst?: change and Stability in Perceptions of Economic Insecurity, by Elisabeth Jacobs and Katherine S. Newman 5. Ballot Boxing: Partisan Politics and Labor Market Risks, by Philipp Rehm List of Contributors

Read more less

Book SynopsisTrade ReviewKara's exploration is perhaps the most ambitious and reasoned treatment of this form of slavery in the modern era. By combining academic rigor and discipline alongside the narratives and voices of slaves, Kara offers a definitive analysis of the complexity of bonded labor as well as a reinvigoration of the movement to end this form of slavery globally. A must-read for all who want to better understand the trajectory of the global economy and its effect on labor. -- Randy Newcomb, president/CEO, Humanity United Kara's eye-opening view of bonded labor jolts the reader into acute awareness of one of the most insidious forms of modern-day slavery, inciting us to act to end this crime against humanity. -- Anne Archer, founder, Artists for Human Rights This book is a tool for a slave-free future. Incisive, relevant, and composite, it offers the latest data on bonded labor in South Asia, argues brilliantly that choice is irrelevant to bondage, and has new 'how-to' guides for activism. -- Ruchira Gupta, president/founder, Apne Aap Women Worldwide A beautifully lucid, compelling mixture of history, investigative journalism, personal testimony, and trenchant socioeconomic criticism. -- Jacqueline Bhabha, Harvard University An eloquent description of human misery and courage. The unique contribution of Kara's book is his in-depth economic analysis of industries where high profits are made on the expense of millions of poor and vulnerable people. -- Beate Andrees, International Labour Office Bonded Labor blends an historical account of the origins of slavery with meticulous research and first-hand testimonies from victims. The book enables the reader to fully grasp the extent of the problem and should move us all to act. -- Nina Smith, executive director, GoodWeave U.S.A. Beyond sobering, disturbing, yet so well and humanly written. The solutions proposed are the clearest in relegating this modern-day slavery, finally, to history. -- Erica Stone, president, American Himalayan Foundation Passionate...yet data-driven and absent of sensationalism, Kara's spotlight on debt bondage, "at once the most ancient and most contemporary face of human servitude," warrants profound attention. Publishers Weekly This book is a valuable resource for policy makers, human-rights activists, legal experts and academics, as well as for businesses with supply chains in developing countries. It deserves attention, and should inspire the eradication of the insidious crime of enslavement. -- Kathleen Hwang Asia Literary Review Researchers, academics, teachers, students, activists, community workers...would all benfit from reading Bonded Labor. -- Angie Redecopp Journal of Human TraffickingTable of ContentsList of Tables and Figures Preface Acknowledgments 1. Bonded Labor: An Overview 2. Agriculture: Kamaiya and Hari 3. Bricks and Bidis 4. Shrimp and Tea 5. Construction and Stonebreaking 6. Carpets and Other Sectors 7. Bonded Labor and the Law 8. Tackling Bonded Labor Appendix A: Global Slavery Metrics Appendix B: Select Bonded Labor Economics Appendix C: Select Bonded Labor Supply Chains Appendix D: Bonded Labor as Defined by India's Bonded Labour System (Abolition) Act Appendix E: Bonded Labor Law and Cases: Pakistan Appendix F: Select Economic and Human Development Statistics Notes Works Cited Index

Read more less

Book SynopsisTrade ReviewAt the core of effectiveness is the ability to anticipate the future. This book provides the tools for doing exactly that. It is a must read. -- Robert E. Quinn, Ross School of Business, University of Michigan Don't jump to the end of this book. Let David K. Hurst unfold for you, chapter by chapter, what might otherwise appear a complex model for organizational change. As you absorb his logic you will be inspired by the elegance of his 'Ecocycle.' He weaves together proven managerial concepts with insights from cognitive science, psychology, ecology, history, and philosophy into an entirely intuitive and eye-opening perspective for leadership. -- Kaihan Krippendorff, author of Outthink the Competition: How a New Generation of Strategists Sees Options Others Ignore In this outstanding book, David K. Hurst draws on his very considerable executive experience and combines it with a sophisticated understanding of the latest in academic thinking. The New Ecology of Leadership will appeal to both the 'roll up your sleeves' manager and the grounded academic. -- Karl Moore, Desautels Faculty of Management, McGill University A thoughtful, eclectic look at organizations. Globe & MailTable of ContentsAcknowledgments Introduction: What to Expect Part I: The Dimensions of Change 1. Lost in Management Thought 2. Economics, Evolution, and Ecology 3. Scale in Space and Time 4. Why Wal-Mart's Growth Is like a Forest's 5. The Ecocycle: Life, Death, and Renewal 6. The Ecocycle in Human Organizations Part II: The Front Loop: Nothing Fails like Success 7. Communities of Trust 8. Logic and Power 9. Climbing the Ladder of Abstraction 10. The Product Life Cycle Meets the Ecocycle 11. The Pathologies of Power 12. The Onset of Crisis Part III: The Back Loop: from Crisis to Renewal 13. Wisdom from the Scriptures 14. Into the Wilderness 15. Climbing the Mountain 16. The Logic of Leadership 17. The Complete Ecocycle 18. Vice and Virtue Part IV: Staying in the Sweet Zone 19. Tools and Settings in the Sweet Zone 20. Power Tools and Settings: Instructions and Directions 21. Management Tools and Settings: Rules and Incentives 22. Leadership Tools and Settings: Images and Invitations 23. Culture Tools and Settings: Custom and Convention 24. Change in Depth 25. The Design of Choice 26. Lean: The Practice of "Both... And" 27. Prescribed Burns: Context, Conflict, Crisis, and Creation 28. Growing People 29. Don't Throw the Past Away Part V: A Brief Orientation and Field Guide 30. Using the Ecocycle: Key Concepts and Questions Notes Bibliography Index

Read more less

Book SynopsisHow non-IT managers can turn IT from an expensive liability into a cost-effective competitive tool.Firms spend more on information technology (IT) than on all other capital assets combined. And yet despite this significant cash outlay, businesses often end up with IT that is uneconomical and strategically feeble. What is missing in many organizations' IT strategy is the business acumen of managers from non-IT departments. This book presents tools for non-IT managers to turn IT from an expensive liability into a cost-effective competitive tool. It equips readers with the concepts and analytical skills necessary to understand IT needs and opportunities from both sides of the business-IT divide.Each chapter opens with a jargon decoder-nontechnical explanations of the key ideas in the chapter—and ends with a checklist summarizing non-IT factors to consider in IT decisions. Chapters cover such topics as infusing competitive firepower into IT strategy; amalgamat

Read more less

Book SynopsisArgues that the concept of employee ownership has deep roots extending back to the political and economic vision of America's founders. The authors discuss the founding generation's ideas about personal economic independence, explain how we have strayed from those ideas, and proposes practical solutions for bringing employment practices back.Trade Review“America used to be based on broad access to wealth and property. If you want to know more about this tradition, and how to revive it, read this book.”—Thomas Piketty, author of Capital in the Twenty-First Century -- Thomas Piketty“Citizens should know about The Citizen’s Share--it’s important. And there is no better trio than Blasi, Freeman, and Kruse to tell them about it.”--Alan Blinder, Princeton University -- Alan Blinder“The proposal . . . stands apart from alternate policy initiatives . . . because it addresses the concentration of wealth and political power at the top. The idea of expanding employee ownership deserves serious consideration.”—Thomas B. Edsall, New York Times -- Thomas B. Edsall * New York Times *“The founders . . . agreed that America would survive and thrive only if there was widespread ownership of land and businesses. Professor Joseph R. Blasi and Douglas L. Kruse of Rutgers and Richard B. Freeman of Harvard gathered many of the founders’ writings on this topic for their book . . . Copies are currently circulating among congressional staffs in both parties as politicians brace themselves to face what polls show is a rapidly rising concern over economic growth concentrating at the top.”—David Cay Johnston, Newsweek -- David Cay Johnston * Newsweek *"The Citizen's Share provides a thoughtful . . . analysis of the benefits of encouraging greater employee ownership of businesses . . . In seeking to increase employee compensation as well as tax reform, Washington should be thinking hard about how to expand and encourage greater employee ownership and/or revenue sharing."—Dean Zerbe, Forbes Magazine -- Dean Zerbe * Forbes Magazine *“This provocative study exposes a long-lost history of successful profit-sharing within U.S. capitalism. Good business (not conscience), the authors argue, holds the promise of a more equal and therefore more democratically organized society. This is an optimistic, but eminently plausible scenario.”—Alice Kessler-Harris, author of In Pursuit of Equity: Women, Men and the Quest for Economic Citizenship in Twentieth Century America -- Alice Kessler-Harris“A model of sober scholarly analysis and impassioned political advocacy. . . . Here is a book on economic policy that might make the Founding Fathers smile”—Jonathan I. Levy, author of Freaks of Fortune: The Emerging World of Capitalism and Risk in America. -- Jonathan I. Levy"An accessible, and informative, story of government and business support for worker ownership . . . . Spotlights an important area of American economic history."—Library Journal * Library Journal *“This book offers the compelling vision of a better healthier American economy founded on the basic principles of employee ownership and profit sharing. The deep-rooted history of this American vision is elegantly interwoven with the results of modern rigorous research. The Citizen’s Share is a wonderfully readable book with an important message that will provoke serious thought and discussion.” —Martin L. Weitzman, Professor of Economics, Harvard University. -- Martin L. Weitzman“A few years ago, Blasi, Kruse, and Freeman caught people’s attention with an intriguing thesis: that a company performs better when owned by its workers . In this book, the authors go a step further. They make the interesting and provocative claim that worker ownership also improves democracy. Readers may disagree with the conclusion, but they will want to understand the argument.” —Eric S. Maskin, Nobel laureate in Economics, Harvard University -- Eric S. Maskin“There is a depressing familiarity about much of the discussion on what to do about America’s widening income inequality. Some remedies are uncontroversial but hard-to-achieve (such as improving education); others are the subject of furious argument (such as more progressive taxation). Debate is heated, but within a fairly narrow set of potential solutions. Once in a while, though, more creative proposals are added to the mix. . . . The Citizen’s Share is one of those. The authors show, convincingly, that the logic of citizen capitalism has periodically motivated American politics and business since the Founding Fathers.”—The Economist * The Economist *“The American worker isn’t doing so well. . . . Joseph Blasi, Douglas Kruse, and Richard Freeman offer a novel solution. . . . The impulse toward broadly extending property ownership is one that has a long history in America. . . . [E]xpanding employee ownership could be a solution to the problems of stagnating worker compensation and rising income inequality.”—Christopher Matthews, Time Magazine -- Christopher Matthews * Time Magazine *“Based on a series of national surveys, the authors reckon that some 47% of full-time workers have one or more forms of capital stake in the firm for which they work, whether from profit-sharing schemes (40%), stock ownership (21%) or stock options (10%). About a tenth of Fortune 500 companies, from Procter & Gamble to Goldman Sachs, have employee shareholdings of 5% or more. Almost a fifth of America’s biggest private firms . . . have profit-sharing or share-ownership schemes. Some 10 million people work for companies with ESOPs.”—Brad DeLong, University of California, Berkeley, and the Washington Center for Equitable Growth -- Brad DeLong"This important book demonstrates conclusively that employee ownership can be an effective business model, resulting in efficient outcomes."—Jonathan Michie, President, Kellogg College, University of Oxford -- Jonathan Michie“Based on comprehensive data and painstaking historical research, The Citizen's Share provides a superb overview of employee ownership in the United States. At a moment when economic inequality has reached an apogee and trust in corporations a nadir, when the employment relationship has frayed in companies across the U.S., and American industry faces challenges from around the globe, the authors' message could not be more important.”—Viviana A. Zelizer, author of Economic Lives: How Culture Shapes the Economy -- Viviana Zelizer“The Citizen’s Share is a must-read for current and future business leaders as well as policymakers who believe all American’s are entitled to participate in a healthy and growing U.S. economy. This insightful tapestry of history, economics and psychology begins by telling the story that our country was founded with the right for all citizens to ownership and ends with 10 non-partisan policy recommendations that will ensure ownership is a right for all, not just the 1%.”—Carine M. Schneider, Chairman of the Board, Global Equity Organization -- Carine M. Schneider“Rutgers management professors Joseph Blasi and Douglas Kruse and Harvard economics professor Richard Freeman wrote The Citizen’s Share. . . . They argued that worker ownership had a long history in the American economy and a long history of bipartisan and cross-ideological support. . . . One proposal to implement [their] strategy would be to have state and federal governments link corporate tax rates to the extent of the companies’ profit sharing: The more that’s shared, the lower the rate.”—Harold Meyerson, The American Prospect -- Harold Meyerson * The American Prospect *"The Citizens Share demonstrates that employee ownership is as American as apple pie. Let’s put it to use to improve our lives and strengthen our democracy. The authors do a superb job of showing the way to do so."--Thomas A. Kochan, Co-Director, MIT Institute for Work and Employment Research -- Thomas Kochan“George Washington liked the basic idea, as did Thomas Jefferson. We should build on our rich national tradition of support for widespread asset ownership. Joseph Blasi, Richard Freeman and Douglas Kruse develop this proposition in a new book, The Citizen’s Share, which lends historical perspective to their empirical research on shared capitalism.”—Nancy Folbre, Economix, The New York Times -- Nancy Folbre * Economix, The New York Times *“Employee ownership—profit sharing, stock sharing and other employee-ownership plans—can increase your workers’ productivity and innovation. Research shows that workers at companies with employee ownership plans work harder, are more creative and more loyal. That translates into better company performance. ‘The impacts are larger when the programs are larger, as in many closely held ESOP companies and some model publicly traded companies,’ say Rutgers professors Joseph Blasi and Douglas Kruse and Harvard economist Richard Freeman, in their new book The Citizen’s Share.”—Michael Kling, Entrepreneur Magazine -- Michael Kling * Entrepreneur Magazine *“One of the big frustrations about income inequality is that when corporate profits grow, they aren’t shared equally–typical employees sees very little from it, while the people at the top, and big investors, reap most of the rewards. . . . One solution? Give average workers direct ownership in the company and its profits. . . . [A] new book called The Citizen’s Share advocates government tax incentives to encourage companies to introduce profit-sharing and stock-ownership programs for their employees, or expand the programs they already have. . . . The authors argue that increased ownership and a share in profits may be the key to reviving the American middle class.”—David Parkinson, Economy Lab, Toronto Globe and Mail -- David Parkinson * Economy Lab, Toronto Globe and Mail *“Three professors would rather see income flowing into the hands of the many, and they’ve written a book to point the way. . . . ‘The outstanding faults of the economic society in which we live are its failure to provide for full employment and its arbitrary and inequitable distribution of wealth and incomes.’ Keynes wrote those words about England in 1936. To deal with the same faults, America needs more ‘citizen’s shares’ in 2014.”—Gerald E. Scorse, Baltimore Chronicle and Sentinel -- Gerald E. Scorse * Baltimore Chronicle and Sentinel *“[A] thought-provoking addiction to the literature, given the current debates on economic inequality.”—Choice * Choice *"Important and insightful. . . . Offers history-, economics-, and evidenced-based policy ideas at their best."—Politico * Politico *

Read more less

Book SynopsisA hands-on guide to unleashing the power of Open-Book Management (OBM). The authors of the acclaimed The Power of Open-Book Management now bring you their essential nuts-and-bolts guide to creating and implementing an OBM strategy tailored to the specific needs of your company.Table of ContentsPRINCIPLES AND PREPARATION. The Open-Book Future: Why OBM Is Important and How It PaysOff. The Business Context for OBM: OBM: The Key OperatingPrinciples. Creating the OBM Climate: How to Assess Your Company's Readinessand Prepare to Go Open-Book. Pitfalls and Paradoxes: Common OBM Sticking Points and How toNegotiate Them. IMPLEMENTATION AND RESULTS IN THE FIELD. Critical Numbers Know-How: Developing the Ability to Think inthe Common Language of Business. The Intensive Huddle System: Utilizing Your Organization'sIntelligence. No-Kidding Ownership: Leveraging the MotivationalMultiplier. Player-Coach Leadership: Learning Executive Skills for anOpen-Book World. Epilogue. Appendices. Index.

Read more less

Book SynopsisOver the last several years worker cooperatives of many kinds have sprung up all around the world. As a result, industrial relations in the workplace have changed dramatically as workers have come to own and run their own enterprises. This book provides evidence on how these new enterprises are functioning today.Table of ContentsIntroduction; Part I. Origins and Types of Alternative Organizations: 1. Cooperatives in the late twentieth-century: the democratic impulse and the challenge of oligarchy; 2. The organizations studied, the methods used; Part II. A Theory of Democratic organization: 3. The collectivist organization: an alternative to bureaucratic models; 4. Internal conditions that facilitate collectivist-democratic organizations; 5. External conditions that facilitate collectivist-democratic organizations; Part III. The Significance of Democratic Organizations: 6. Democracy and individual satisfaction; 7. The future of cooperation; 8. Overview and conclusions; Notes; References; Index.

Read more less

Book SynopsisThe effects and impact of employee participation and employee ownership are themes of enduring interest to social scientists from a range of disciplines. This volume includes papers that deal with the issue of privatization in transition economies. It also covers themes such as profit sharing in both East and West Europe.Table of ContentsEmployee Ownership in Eastern Europe. Workers' self-management in transitional economies (J. Earle, S. Estrin). The determinants of employee participation in fading communism and early transition (D. Jones, K. Ilayperuma). Various forms of employee participation in Polish employee-owned companies: a statistical analysis (R. Woodward). Profit Sharing. Profit-sharing in Albania: boosting performance in a crisis economy (D. Vaughan). Sharing schemes and productivity: an empirical analysis based on large French firms using production functions and frontiers (F. Fakhfakh). Profit sharing and productivity: evidence from Britain, France, Germany and Italy (V. Perotin). Labor Managed Firms and Cooperatives. Post-privatization duopolies: on equilibria and entry deterrence among labor managed and conventional firms (A. Keshk, S.C. Smith). On the effects of the kibbutz hiring out its own labor force: theory and case studies (E. Satt, H. Ginzburg). Stable producer co-operatives in competitive markets (M. Marini). Social Enterprises. Enriching Swedish women's work environment: the case of social enterprises in day care (V.A. Pestoff).

Read more less

Book SynopsisValues at Work is an analysis of organizational dynamics with wide-ranging implications in an age of market globalization. It looks at the challenges businesses face to maintain people-oriented work systems while remaining successful in the larger economy. George Cheney revisits the famous Mondragón worker-owned-and-governed cooperatives in the Basque Country of Spain to examine how that collection of innovative and democratic businesses is responding to the broad trend of marketization. The Mondragón cooperatives are changing in important ways as a direct result of both external pressures to be more competitive and the rise of consumerism, as well as through the modification of internal policies toward greater efficiency. One of the most remarkable aspects of the changes is that some of the same business slogans now heard around the globe are being adopted in this set of organizations renowned for its strongly held internal values, such as participatory democracy, solTrade ReviewCheney has identified a deadly fascinating dilemma: Mondragon's executives feel that they must grow or die: either meet and match foreign competition or be overwhelmed.... Cheney renders a valuable service by bringing new systemic concerns to the attention of the scholarly community and Mondragon leadership and by uncovering the process by which success and growth in any organization may ultimately corrupt its purpose and values. -- Jacquelyn Yates, Kent State University * International Journal of Politics and Ethics *In this thoughtful, well-written book Cheney eschews simplistic answers in favor of complex, thoughtful analysis. He raises important questions about the ability of socially conscious companies to operate in a world economy dominated by an ethos of unbridled competition. Rather than adopt a 'good-guys' versus 'bad-guys' approach, the author leaves it to the reader to weigh the long term consequences of unchecked economic development. * Choice *Cheney's book offers practical guidelines for value-based organizations engaging in today's market, who want to preserve their social integrity. * Organization Studies *Values at Work is a landmark contribution to our knowledge about workplace democracy. The clarity of writing, the richness of data, and the careful analysis make this book a must read for anyone interested in democratic participation in an organizational setting. -- Francois Cooren, University at Albany, SUNY * Management Communication Quarterly *Critically examines how one business... is dealing with external pressures to compete in the global market while working to revive its long-held values of workplace democracy within the new configuration of the customer-centered or market-driven firm. * Journal of Economic Literature *Values at Work is an ambitious theoretical and research study.... This is a worthwhile and interesting study, full of bright ideas about the future of work and employee participation. -- Peter Ackers, Loughborough University * American Journal of Sociology *

Read more less

Book SynopsisThis case study focuses on and analyses the formation of four co-operatives in the Evangeline region, a small Acadian community in the southwest part of Prince Edward Island. Defined by the authors as an 'integrated community-controlled economy,' the Evangeline community demonstrates the potential that a network of interrelated co-operatives has for community economic development. More specifically, the authors discuss why some co-operatives succeed while others fail, and propose a model that outlines the element necessary for any comprehensive community economic-development process.Wilkinson and Quarter look at the Evangeline experiment in the context of two seemingly contradictory trends today: globalization and decentralization. They argue that the initiatives undertaken by the Evangeline community fit within the trend toward decentralization and community control. The citizens of the Evangeline region have formed a community-controlled economy, refusing to accept t

Read more less

Book SynopsisMargaret Llewelyn Davies (1861-1944), a co-operator, feminist and socialist, was well known in her time as the outstanding leader of the Women's Co-operative Guild. This first full scale biography chronicles her life and achievements, intertwining activity among working class women with her personal story.Trade Review'Margaret Llewelyn Davies was not just a great campaigning activist on behalf of working class mothers who had a much tougher life than she had, she was also a great human being and Ruth Cohen does justice to her long overdue life-story.' - Sybil Oldfield, Reader Emeritus in English and History, University of Sussex

Read more less

Book SynopsisContains a stimulating collection of original papers spanning a variety of topics. This title contains three papers on the subject of job design and organizational performance, covering the determinants of multiskilling from a theoretical perspective and also the empirical effect of multiskilling and teams on financial performance.Table of ContentsList of Contributors. Foreword. Introduction. Specialization, Multiskilling, and Allocation of Decision Rights. The Effect of Multiskilling on Labor Productivity, Product Quality, and Financial Performance. Teams, Autonomy, and the Financial Performance of Firms: New Evidence from Panel Data. How do Rules and Costs Affect a Firm's Setting of Benefits? The Case of Health Insurance and Workforce Skills. Majority Ownership and Chief Executive Compensation. Worker Attitudes Toward Employee Ownership, Profit Sharing and Variable Pay. Performance-Related Pay, Unions, and Productivity in Italy: Evidence from Quantile Regressions. Profit Reinvestment in Italian Worker Cooperatives as a Contribution to a Common Good: An Empirical Analysis on Workers' Perception and Motivation. Does Training Policy Help to Attract, Retain, and Develop Valuable Human Resources? Analysis from the Mondragon Case. Governance and Behavior in Nonprofits: Analysis of Uruguayan Health Care Organizations. Capitalism, Economic Democracy, and Ecological Destruction of Our Planet. The Case for Capitalism: A Comment on Jaroslav Vanek's “Capitalism, Economic Democracy, and Ecological Destruction of Our Planet”. Rejoinder. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Copyright page.

Read more less

Book SynopsisThis book is a detailed examination of the co-operative enterprise business model and the factors that help to enhance its sustainability and resilience, as well as those forces that lead to its destruction. It will also interest managers of co-operative enterprises and those who seek to better understand this unique type of business.Table of ContentsContents: PART I: THEORETICAL FOUNDATIONS 1. An Overview of the Research Tim Mazzarol, Elena Mamouni Limnios and Sophie Reboud 2. A Conceptual Framework for Research into Co-operative Enterprise Tim Mazzarol, Richard Simmons and Elena Mamouni Limnios 3. Defining Co-operative Enterprise: Towards a Taxonomy of Member-owned Business Johnston Birchall PART II: ORGANISATIONAL TRANSFORMATION 4. Irish Agricultural Co-operative Modelling and Remodelling: Responding to a Dynamic Business and Policy Environment Olive McCarthy and Michael Ward 5. Challenge Dairy Co-operative, 2000–2010: In Pursuit of Control of the Last Litre of Milk Bradley Plunkett, Fabio R. Chaddad and Michael L. Cook 6. Responding to the External Environment: The Evolution of Brazilian Dairy Co-operatives Fabio R. Chaddad 7. To be or not to be a Co-op? – The Case of Australia’s Grain Co-operatives CBH and ABB Grain Tim Mazzarol, Elena Mamouni Limnios and Richard Simmons PART III: BEST PRACTICE IN CO-OPERATIVE GOVERNANCE 8. Leadership and Coordination in Federated Co-operative Systems: Insights from a Federated Marketing System F. Nicoleta Uzea and Murray E. Fulton 9. Pacemaker Co-operatives Across Primary Industries: What Drives Organisational Resilience? Elena Mamouni Limnios, Tim Mazzarol and Geoffrey N. Soutar 10. Different Fortunes of Three Vegetable Farmer Co-operatives in China Xuchu Xu, Qiao Liang and Yuling Gao 11. Losing Sight of Purpose – the United Farmers Co-operative Company Elena Mamouni Limnios and Tim Mazzarol 12. Recommendations for Boards of Directors of Investor Owned Firms from the Co-operative Model Isabelle Allemand, Bénédicte Brullebaut and Sophie Raimbault PART IV: THE TRUE VALUE OF MEMBERSHIP 13. Measuring and Communicating the True Value of Membership: The Case of the Pindos Poultry Co-operative Constantine Iliopoulos and Irini Theodorakopoulou 14. Common Assumptions and Co-operative Membership: The Case of the Irish Credit Union Movement Noreen Byrne 15. Marketing Our Co-operative Advantage (MOCA): The Challenges of Implementation Georgina Whyatt and Sophie Reboud 16. Generating Value for Members: The Case of an Austrian Co-operative Bank Dietmar Roessl and Isabella Hatak 17. The Social Value of Multi-stakeholder Co-operatives: The Case of the CEFF System in Italy Silvia Sacchetti and Ermanno C. Tortia 18. Mobility Car Sharing: An Evolving Co-operative Structure Peter Suter and Markus Gmür 19. Case Study of a Meat Co. Ltd Lawson Savery PART V: PARTICIPATION IN FINANCIAL MARKETS 20. The Financing of Mondragon Co-operatives: A Legal Analysis Izaskun Alzola Berriozabalgotia 21. The Italian Co–operative Banking and Financial System: Institutions, Performances and Theoretical Background Marco Mazzoli and Gabriele Quadrelli 22. Governance, Organisational Design, Financial Structure and Investments in a Co-operative Firm Marco Mazzoli PART VI: INNOVATION IN CO-OPERATIVES 23. Shared Services and Performing Arts Co-operatives Edwin Juno-Delgado, Maureen McCulloch and Christine Sinapi 24. Innovation in Agricultural Co-operatives: Contrasting Images, the Example of Sparkling Wine and Cereals Michel Martin, Sophie Reboud and Corinne Tanguy 25. Evolution of a Modern Co-operative Business Model: The Case of Livestock Improvement Corporation Delwyn Clark 26. Organisational Innovation in Fresh Produce Co-operatives; the Case of FresQ in The Netherlands Jos Bijman 27. Citizen-Based Co-operatives in the Field of Renewable Energy: The Case of Solargenossenschaft Rosenheim Elisabeth Reiner, Richard Lang and Dietmar Roessl PART VII: DRAWING CONCLUSIONS 28. Conclusions and Lessons Learnt Tim Mazzarol, Delwyn Clark, Sophie Reboud and Elena Mamouni Limnios Index

Read more less

Book SynopsisThe liberal state is dead, long live the partner stateAcross the world, the liberal nation state is on its knees. Rising inequality, deep political polarization, and the pervasive power of corporations are tearing apart the social contract and threatening to crush democracy. Civilizing the State traces the history and development of the liberal state and its changing role from the enabler of capitalism to protector of citizen welfare, to its hollowing out and capture by corporate and elite interests rendering it unfit to address the compounding crises of inequality, injustice, ecological collapse, and loss of legitimacy. Author John Restakis explores citizen-powered alternatives and experiments in co-operation, deep democracy, solidarity economics, and commoning from Spain, India, the global peasant movement, and the emerging stateless democracy of Rojava rising from the wreckage of the Syrian civil war. The final section vTrade Review"John Restakis confronts one of the most important and neglected issues of our time. The nation state as we know it is an obsolete institution. With compelling and authoritative examples Civilizing the State lays out the problem and tests the solutions. An essential read for everyone concerned about the human future." — David Korten, author, When Corporations Rule the World and The Great Turning: From Empire to Earth Community "John Restakis' Civilizing the State is a timely and necessary book in these times of corporate hijack of the state through neoliberal globalization. Three decades of deregulation have transformed welfare states "for the people, of the people, by the people" into corporate states "for the corporations, of the corporations, by the corporations." Nation states run by corporations for privatization of the commons and public goods are now mutating into corporate, surveillance states. Through examples of practice of direct democracy and political philosophies of civic participation, Restakis shows how we can reclaim democracy and the commons and shape a future for the common good." — Vandana Shiva, ecological scientist, activist, founder, Research Foundation for Science Technology and Ecology and Navdanya, founding board member, International Forum on Globalisation, author, Earth Democracy and Oneness Vs. the 1% "As reactionary forces surge to the fore, John Restakis offers a bold vision for reinventing the state as a partner of the social economy, commons, and grassroots democracy. Thoughtful, provocative, and hopeful." — David Bollier, commons activist and scholar, co-author, Free, Fair, and Alive "Could a better society be taking shape amidst the shards of our currently suicidal civilization? John Restakis makes a persuasive case that it is. He takes readers back to antiquity and up through intriguing experiments in our own time to explain that to solve the global crisis of the liberal state we must broaden, deepen, and enrich self-government. In Civilizing the State, readers will find both illumination and hope." — Nancy MacLean, William H. Chafe Distinguished Professor of History and Public Policy, Duke University, author, Democracy in Chains: The Deep History of the Radical Right's Stealth Plan for AmericaTable of ContentsAcknowledgments Introduction 1. Treason of the State 2. Civil Power and the New Legitimacy 3. The Commons: Dispossession and Reclamation 4. The Co-operative City 5. The Way of the Peasant 6. Deep Democracy in Kerala 7. Living Without Approval: Stateless Democracy in Rojava 8. The World Unmasked 9. Transformation and Integration 10. From Welfare State to Partner State 11. Civilizing the State: Principles and Policies Epilogue Notes Index About the Author About New Society Publishers

Read more less

Book SynopsisTrade ReviewNot only provides a comprehensive and analytical look at how ESOPs are doing in the U.S. but also looks at employee ownership globally. * Kansas City Star *

Read more less

Book SynopsisThis book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.Trade Review'Gregory K. Dow has thought more deeply and in a more sustained manner about the puzzle of why capital hires labor than any serious student of economic theory since the first efforts in the field were undertaken more than a generation ago. The present effort to organize, revisit, and distil the conclusions from his investigations is rigorous, laid out with admirable clarity, and always intellectually honest and clear-headed. Louis Putterman, Brown University, Rhode Island'Bringing together a lifetime's research, The Labor-Managed Firm lays out the failures of the classic model of cooperatives that assumes that they maximize income per worker instead of profits. It offers an array of ideas about the relation between labor and capital to account for the sparsity of coops in market economies.' Richard Freeman, Harvard University, Massachusetts'This book provides an expansive economic theory of firms controlled by their employees. It explores the birth, evolution and possible transformation of such firms in comparison to conventional investor-owned firms. Although it is a primarily theoretical work, it refers to the empirical literature so the reader gets a broad understanding of this sector of the economy. The theoretical analyses presented in this book provide guidance to practitioners. I highly recommend this book to all those interested in employee ownership.' Avner Ben-Ner, Center for Human Resources and Labor Studies, University of Minnesota'In this remarkable work, Dow synthesizes his extensive research on the economics of labor-managed enterprises. Economists working in the field will find both an indispensable assessment of the literature and a fruitful catalyst for fresh theoretical and empirical investigations. Those new to the subject will discover insights about the manifold ways in which market conditions shape how firms are governed.' Gilbert Skillman, Wesleyan University, Connecticut'Does current corporate governance reflect market efficiency, or are there potentially better ways to organize and run corporations? Gregory K. Dow takes this question to a new level by pulling together his own and others' theoretical work on labor-managed firms, providing a thoughtful comparison of the conditions favoring capital-managed and labor-managed firms. This is a masterful contribution to basic issues of economic organization, with implications for how we should design firms and public policy.' Douglas Kruse, Rutgers University, New Jersey'This is a lovely book, and one we have needed for several decades. It offers a genuinely novel perspective on the theory of labor-managed firms, informed at every step by a careful attention to empirical findings and by the institutional makeup of real-world worker cooperatives and employee-owned firms. Dow has spent some thirty years thinking about these issues, and brings his work together in an impressive whole. It will redefine the theoretical and empirical research agendas, as well as providing an invaluable text in support of a postgraduate course on economic democracy.' Virginie Pérotin, University of LeedsTable of ContentsPart I. Setting the Stage: 1. The puzzling asymmetry; Part II. Perfection and Symmetry: 2. Profit maximization and control rights; 3. The labor-managed firm in the short run; 4. The labor-managed firm in the long run; 5. The labor-managed firm in general equilibrium; Part III. Imperfection and Asymmetry: 6. Empirical asymmetries (I); 7. Empirical asymmetries (II); 8. The rarity of labor-managed firms; Part IV. Appropriation Problems: 9. Imperfect appropriation; 10. Firm formation with adverse selection; 11. Partnership markets with adverse selection; Part V. Public Good Problems: 12. Collective choice and investor takeovers; 13. Free riding and employee buyouts; Part VI. Opportunism Problems (I): 14. Transaction cost economics; 15. Firm-specific investments; Part VII. Opportunism Problems (II): 16. Asset ownership and work incentives; 17. Capital stocks and labor flows; 18. Honest and dishonest controllers; Part VIII. Synthesis and Agenda: 19. Breaking the symmetry; 20. Policy directions.

Read more less

Book SynopsisThis book uses economic theory to argue that worker-controlled firms are rare due to market failures rather than inherent organizational defects. The book will be of interest to scholarly researchers, graduate students, and advanced undergraduates in economics, especially in industrial organization, labor economics, comparative economics, organizational economics, and finance.Trade Review'Gregory K. Dow has thought more deeply and in a more sustained manner about the puzzle of why capital hires labor than any serious student of economic theory since the first efforts in the field were undertaken more than a generation ago. The present effort to organize, revisit, and distil the conclusions from his investigations is rigorous, laid out with admirable clarity, and always intellectually honest and clear-headed. Louis Putterman, Brown University, Rhode Island'Bringing together a lifetime's research, The Labor-Managed Firm lays out the failures of the classic model of cooperatives that assumes that they maximize income per worker instead of profits. It offers an array of ideas about the relation between labor and capital to account for the sparsity of coops in market economies.' Richard Freeman, Harvard University, Massachusetts'This book provides an expansive economic theory of firms controlled by their employees. It explores the birth, evolution and possible transformation of such firms in comparison to conventional investor-owned firms. Although it is a primarily theoretical work, it refers to the empirical literature so the reader gets a broad understanding of this sector of the economy. The theoretical analyses presented in this book provide guidance to practitioners. I highly recommend this book to all those interested in employee ownership.' Avner Ben-Ner, Center for Human Resources and Labor Studies, University of Minnesota'In this remarkable work, Dow synthesizes his extensive research on the economics of labor-managed enterprises. Economists working in the field will find both an indispensable assessment of the literature and a fruitful catalyst for fresh theoretical and empirical investigations. Those new to the subject will discover insights about the manifold ways in which market conditions shape how firms are governed.' Gilbert Skillman, Wesleyan University, Connecticut'Does current corporate governance reflect market efficiency, or are there potentially better ways to organize and run corporations? Gregory K. Dow takes this question to a new level by pulling together his own and others' theoretical work on labor-managed firms, providing a thoughtful comparison of the conditions favoring capital-managed and labor-managed firms. This is a masterful contribution to basic issues of economic organization, with implications for how we should design firms and public policy.' Douglas Kruse, Rutgers University, New Jersey'This is a lovely book, and one we have needed for several decades. It offers a genuinely novel perspective on the theory of labor-managed firms, informed at every step by a careful attention to empirical findings and by the institutional makeup of real-world worker cooperatives and employee-owned firms. Dow has spent some thirty years thinking about these issues, and brings his work together in an impressive whole. It will redefine the theoretical and empirical research agendas, as well as providing an invaluable text in support of a postgraduate course on economic democracy.' Virginie Pérotin, University of LeedsTable of ContentsPart I. Setting the Stage: 1. The puzzling asymmetry; Part II. Perfection and Symmetry: 2. Profit maximization and control rights; 3. The labor-managed firm in the short run; 4. The labor-managed firm in the long run; 5. The labor-managed firm in general equilibrium; Part III. Imperfection and Asymmetry: 6. Empirical asymmetries (I); 7. Empirical asymmetries (II); 8. The rarity of labor-managed firms; Part IV. Appropriation Problems: 9. Imperfect appropriation; 10. Firm formation with adverse selection; 11. Partnership markets with adverse selection; Part V. Public Good Problems: 12. Collective choice and investor takeovers; 13. Free riding and employee buyouts; Part VI. Opportunism Problems (I): 14. Transaction cost economics; 15. Firm-specific investments; Part VII. Opportunism Problems (II): 16. Asset ownership and work incentives; 17. Capital stocks and labor flows; 18. Honest and dishonest controllers; Part VIII. Synthesis and Agenda: 19. Breaking the symmetry; 20. Policy directions.

Read more less

Book SynopsisThis volume explores where, how and why the cooperative model is having a distinctive, transformational impact in driving socio-economic changes in a post-pandemic 21st century world. Drawing from a diverse range of examples, the book sheds light on how today’s cooperatives and a co-operative way of organising might serve new societal demands. It examines organisational structures and governance models that develop socio-economic resilience in cooperatives. The book’s contributors reveal how the very pursuit of cooperative values and principles challenges market fundamentalism and promotes participatory democracy. This is a timely contribution to recent debates around transformative economies and an invaluable resource for scholars and activists interested in alternative ways of organising.Table of Contents1. Introduction: European Co-operativism in a Changing World - Julian Manley, Anthony Webster and Olga Kuznetsova Part 1: Seeds: Identifying the Space for Co-operatives in Addressing Social Challenges 2. Star and Shadow Cinema: A Grassroots Interface between DIY Culture, New Co-operativism and the Commons - Christo Wallers 3. Beyond Green-washing: Sustainable Development and Environmental Accountability through Co-operators’ Eyes (a French Perspective) - François Deblangy 4. Exploring the Role of Worker Co-operatives in the Co-creation of Meaningful Work - Kiri Langmead and Anthony Webster 5. The Promise and Perils of Corporate Governance-by-Design in Blockchain-Based Collectives: The Case of dOrg - Morshed Mannan 6. ‘Our Club, Our Community, Our Future’: Co-operation, Deindustrialization and Motherwell Football Club’s Journey to Community Ownership - David Stewart Part 2: Bridges: Co-operative Culture and Education 7. Co-operation for Asset-Based Community Development: The Example of the Community Explorers Project at Leicester Vaughan College - Malcolm Noble 8. Engaging Universities in Capacity Building for a Co-operative Economy - Andrei Kuznetsov and Olga Kuznetsova Part 3: Growth: The Preston Model, Co-operation and Community Wealth Building 9. The Strange Death of Co-operative Britain? Comparing the Development of British Co-operation with Wider European Trends and Emerging Strategies for a 21st-Century Revival - Anthony Webster 10. How Far Can the Co-operative Character Extend? The Sense of Co-operation and Co-operative Councils - Julian Manley and Temidayo Eseonu 11. Community Wealth Building in Preston: Successes and Challenges of Co-operation in Action - Ioannis Prinos 12. ‘Can a Leopard Change Its Spots?’ How the Established Model of the Mondragon Co-operatives Struggles to Adapt to a Changing World - Julian Manley 13. Possibilities and Challenges of the ‘Sorachi Model’: Learning from Preston’s Attempts to Rebuild the Region - Hiroshi Sakai 14. Conclusion: Clues to a Co-operative Future? Julian Manley, Olga Kuznetsova and Anthony Webster

Read more less

Book SynopsisExamines a wide range of practical methods for increasing employeeinvolvement and brings together the best of each approach into acomprehensive model for implementing participative management atall levels in organizations.Trade Review"Offers a balanced, temperate account of the merits and problems of participation in organizations."Table of ContentsPart One: The Promise of Participative Management. 1. Changing Approaches to Management. 2. Why Participative Approaches Meet Today's Needs. 3. Participation and Organizational Effectiveness. Part Two: Participative Programs: What Works and Does NotWork. 4. Quality Circles. 5. Employee Survey Feedback. 6. Job Enrichment. 7. Work Teams. 8. Union-Management Quality-of-Work-Life Programs. 9. Gainsharing. 10. New-Design Plants. Part Three: High-Involvement Management: Creating an EffectiveApproach to Participation. 11. How High-Involvement Management Works. 12. Managing the Change to a High-Involvement Organization.

Read more less

Book SynopsisThe current co-op movement in the U.S. seeks to be a structural alternative to capitalism; this book seriously questions whether the current movement can accomplish that task. Carl Ratner offers a rich and unique political analysis and critique that provides helpful insights into the practice and problems of the contemporary cooperative movement. Noting that co-operators tend to view their work as apolitical because the explicit influence of national political parties is absent, the author constructs a compelling argument that co-operators nonetheless operate unwittingly with implicit political conceptions of freedom, opportunity, human rights, social participation, decision-making, power, and governance that are shaped and limited by the capitalist economic system. Ratner demonstrates how a more radical, anti-capitalist, socialist form of cooperation and co-ops are needed to realise the fulfilling potential of cooperation and co-ops. For those wishing to understand and advance the cooperative movement, this book is essential reading.

Read more less

Book Synopsis

Read more less

Book SynopsisThe economics of worker cooperatives is a branch of economic inquiry with a long and esteemed pedigree, dating at least from the work of John Stuart Mill in the mid-nineteenth century. Since then, leading economists have paid intermittent attention to the topic, but the collapse of state-sponsored socialism in Eastern Europe and growing discontent with loosely-fettered capitalism have resulted in a resurgence of interest in worker co-operatives as a method of enhancing productivity and reducing income inequalities without heavy government regulation. Professor Pencavel's judicious selection of articles by leading scholars conveys the vigour and rigour of this new empirical research. His original introduction provides an authoritative guide to past and current thinking in this topical area and raises important issues, which point the way for further contributions to the already rich literature.Trade Review‘The Economics of Worker Cooperatives, edited by John Pencavel, is therefore a timely and important collection of theoretical and empirical pieces of research. Pencavel’s collection includes important classic writings on worker cooperatives and related business forms such as some collectives, as well as more contemporary commentaries and analyses. The range of selections is quite balanced overall, especially in addressing risks as well as advantages observed in the financial performance of worker cooperatives. . . The Economics of Worker Cooperatives is an excellent volume for anyone who wishes to become familiar with the array of economic issues implicated in worker cooperatives.’ -- Work, Employment and SocietyTable of ContentsContents: Acknowledgements Introduction John Pencavel PART I THE SETTING 1. Derek C. Jones (1976), ‘British Economic Thought on Association of Laborers 1848–1974’ 2. Gregory K. Dow (2003), ‘Workers’ Control in Action (I)’ and ‘Workers’ Control in Action (II)’ 3. Derek C. Jones (1984), ‘American Producer Cooperatives and Employee-Owned Firms: A Historical Perspective’ 4. Robert A. Dahl (1985), ‘Democracy and the Economic Order’ and ‘The Right to Democracy Within Firms’ 5. Samuel Bowles and Herbert Gintis (1993), ‘A Political and Economic Case for the Democratic Enterprise’ 6. John P. Bonin, Derek C. Jones and Louis Putterman (1993), ‘Theoretical and Empirical Studies of Producer Cooperatives: Will Ever the Twain Meet?’ PART II ISSUES OF OWNERSHIP, FINANCING AND CHANGE 7. Louis Putterman (1993), ‘Ownership and the Nature of the Firm’ 8. Henry Hansmann (1990), ‘The Viability of Worker Ownership: An Economic Perspective on the Political Structure of the Firm’ 9. Eirik G. Furubotn (1976), ‘The Long-Run Analysis of the Labor-Managed Firm: An Alternative Interpretation’ 10. Jaroslav Vanek (1973), ‘Some Fundamental Considerations on Financing and the Form of Ownership under Labor Management’ 11. David P. Ellerman (1986), ‘Horizon Problems and Property Rights in Labor-Managed Firms’ 12. Avner Ben-Ner (1984), ‘On the Stability of the Cooperative Type of Organization’ 13. Hajime Miyazaki (1984), ‘On Success and Dissolution of the Labor-managed Firm in the Capitalist Economy’ PART III ECONOMIC MODELS 14. Benjamin Ward (1958), ‘The Firm in Illyria: Market Syndicalism’ 15. Evsey D. Domar (1966), ‘The Soviet Collective Farm as a Producer Cooperative’ 16. Walter Y. Oi and Elizabeth M. Clayton (1968), ‘A Peasant’s View of a Soviet Collective Farm’ 17. Saul Estrin (1982), ‘Long-Run Supply Responses under Self-Management’ 18. A. Steinherr and J.-F. Thisse (1979), ‘Are Labor-Managers Really Perverse?’ 19. A.A. Brewer and M.J. Browning (1982), ‘On the “Employment” Decision of a Labour-managed Firm’ 20. Hajime Miyazaki and Hugh M. Neary (1985), ‘Output, Work Hours and Employment in the Short Run of a Labour-Managed Firm’ 21. Murat R. Sertel (1987), ‘Workers’ Enterprises are not Perverse’ 22. Jonathan Levin and Steven Tadelis (2005), ‘Profit Sharing and the Role of Professional Partnerships’ PART IV SOME EMPIRICAL RESEARCH 23. John Pencavel and Ben Craig (1994), ‘The Empirical Performance of Orthodox Models of the Firm: Conventional Firms and Worker Cooperatives’ 24. John Pencavel, Luigi Pistaferri and Fabiano Schivardi (2006), ‘Wages, Employment, and Capital in Capitalist and Worker-Owned Firms’ 25. Gabriel Burdín and Andrés Dean (2009), ‘New Evidence on Wages and Employment in Worker Cooperatives Compared with Capitalist Firms’ 26. Ran Abramitzky (2011), ‘Lessons from the Kibbutz on the Equality-Incentives Trade-Off’

Read more less

Book SynopsisWith the financial crisis and Great Recession, some economists have begun to question the orthodox approach to production and capital/labor relations over the last two to three decades. This orthodoxy has been thrown into question due to concerns of poor corporate decision-making, corporate capture of regulators, perceived rewards for failure, and uneven productivity growth. But a new spirit of introspection and doubt about orthodox approaches has created some impetus leading to greater interest in themes, such as worker ownership, sharing rewards, co-operatives, and employee involvement practices which feature heavily in the "Advances" series. This "new spirit" is apparent for all to see in the 12 contributions to this volume of "Advances" which cover co-operatives; effects of worker participation on firm performance; the diffusion of high involvement management practices; and outcomes for workers (i.e., job satisfaction and wages).Table of ContentsList of Contributors. Foreword. Introduction – ‘The Times Might Just be a-Changin’. Going Forward Financially: Credit Unions as an Alternative to Commercial Banks. Staying True to Co-Operative Identity: Diagnosing Worker Co-Operatives for Adherence to their Values. Do Co-Operatives Promote Consumer Social Responsibility? The Case of Fair Trade in Italy. On the Choice Between Capitalist and Labour-Managed Production: Evidence from a Panel of Entrants into UK Manufacturing Industries. Diversity and Productivity in Production Teams. Financial Participation Plans and Firm Financial Performance: Evidence from a Dutch Longitudinal Panel. Insider Ownership and Firm Performance: Evidence from Bulgaria. The Evolving Nature of High Performance Workplace Practices in the United States. Progression of HR Practices in Danish Firms During Two Decades. High Performance Work Practices, Industrial Relations and Firm Propensity for Innovation. A Dimming of the ‘Warm Glow’? Are Non-Profit Workers in the UK Still More Satisfied with their Jobs than Other Workers?. Seniority Wages and Employee Participation. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Advances in the Economic Analysis of Participatory and Labor-Managed Firms. Copyright page.

Read more less

Book SynopsisOwnership and decision-making are key issues in the economic restructuring taking place as economies struggle to emerge from the Great Recession, and technological change and globalization continue to place new demands on workers and firms. Corporate, labor, and policy leaders are increasingly recognizing the potential role of employee ownership, cooperatives, profit sharing, and other ways in which employees directly participate in decision-making and financial performance. This volume contains cutting-edge research on the causes and effects of financial and decision-making participation, including results from the United States, European Union, Russia, India, and Basque area of Spain, along with a unique laboratory experiment to probe the real-world findings. Along with consideration of standard economic outcomes are studies that examine job satisfaction in the largest U.S. worker cooperative, and firm survival among cooperatives and ESOP companies. In addition, there are theoretical and thought pieces on the meaning and value of employee ownership in a rapidly changing world economy.Table of ContentsForeword. Effects of Cooperative Membership and Participation in Decision Making on Job Satisfaction of Home Health Aides. Can Group-Incentives Without Participation Survive the Free-Rider Problem? A View From the Lab. Information Technology and High Performance Workplace Practices: Evidence on Their Incidence from Upstate New York Establishments. The Relative Survival of Worker Cooperatives and Barriers to Their Creation. Firm Survival and Performance in Privately Held ESOP Companies. What Does Mondragon Teach Us About Workplace Democracy?. Employee Ownership in Russia: Evolution and Current Status. Determinants of Financial Participation in the EU: Employers’ and Employees’ Perspectives. Financial and Decision-Making Participation of Marginalized Small Farmers Through the Pragathi Bandhu Model in India. Democratic Differences: How Type of Ownership Affects Workplace Democracy and its Broader Social Effects. Three Themes About Democratic Enterprises: Capital Structure, Education, and Spin-Offs. Political Metaphors and Workplace Governance. Worker Ownership and Collaborative Production. List of Contributors. Introduction. Destructive Trade and Workers’ Self-Defense Through Economic Democracy: A Research Note. Sharing Ownership, Profits, and Decision-Making in the 21st Century. The Labor Managed Firm – A Theoretical Model Explaining Emergence and Behavior. Advances in the Economic Analysis of Participatory & Labor-Managed Firms. Sharing Ownership, Profits, and Decision-Making in the 21st Century. Copyright page.

Read more less

Book SynopsisCo-operatives are found in all industry sectors and almost all countries around the world. However, despite their significant economic and social contributions, the academic literature has largely ignored these important businesses. This book is a detailed examination of the co-operative enterprise business model and the factors that help to enhance its sustainability and resilience, as well as those forces that lead to its destruction.The authors synthesize theories of business model design and strategic and marketing management to examine the forces that sustain and enhance co-operative enterprise. Organised into six themes and focussed on five key research questions, the chapters explore case studies from around the world and across a wide range of industries and aim to stimulate debate.This comprehensive work expands upon existing research whilst introducing new concepts, and will appeal to both academics and practitioners. It will also interest managers of co-operative enterprises and those who seek to better understand this unique type of business.Table of ContentsContents: PART I: THEORETICAL FOUNDATIONS 1. An Overview of the Research Tim Mazzarol, Elena Mamouni Limnios and Sophie Reboud 2. A Conceptual Framework for Research into Co-operative Enterprise Tim Mazzarol, Richard Simmons and Elena Mamouni Limnios 3. Defining Co-operative Enterprise: Towards a Taxonomy of Member-owned Business Johnston Birchall PART II: ORGANISATIONAL TRANSFORMATION 4. Irish Agricultural Co-operative Modelling and Remodelling: Responding to a Dynamic Business and Policy Environment Olive McCarthy and Michael Ward 5. Challenge Dairy Co-operative, 2000–2010: In Pursuit of Control of the Last Litre of Milk Bradley Plunkett, Fabio R. Chaddad and Michael L. Cook 6. Responding to the External Environment: The Evolution of Brazilian Dairy Co-operatives Fabio R. Chaddad 7. To be or not to be a Co-op? – The Case of Australia’s Grain Co-operatives CBH and ABB Grain Tim Mazzarol, Elena Mamouni Limnios and Richard Simmons PART III: BEST PRACTICE IN CO-OPERATIVE GOVERNANCE 8. Leadership and Coordination in Federated Co-operative Systems: Insights from a Federated Marketing System F. Nicoleta Uzea and Murray E. Fulton 9. Pacemaker Co-operatives Across Primary Industries: What Drives Organisational Resilience? Elena Mamouni Limnios, Tim Mazzarol and Geoffrey N. Soutar 10. Different Fortunes of Three Vegetable Farmer Co-operatives in China Xuchu Xu, Qiao Liang and Yuling Gao 11. Losing Sight of Purpose – the United Farmers Co-operative Company Elena Mamouni Limnios and Tim Mazzarol 12. Recommendations for Boards of Directors of Investor Owned Firms from the Co-operative Model Isabelle Allemand, Bénédicte Brullebaut and Sophie Raimbault PART IV: THE TRUE VALUE OF MEMBERSHIP 13. Measuring and Communicating the True Value of Membership: The Case of the Pindos Poultry Co-operative Constantine Iliopoulos and Irini Theodorakopoulou 14. Common Assumptions and Co-operative Membership: The Case of the Irish Credit Union Movement Noreen Byrne 15. Marketing Our Co-operative Advantage (MOCA): The Challenges of Implementation Georgina Whyatt and Sophie Reboud 16. Generating Value for Members: The Case of an Austrian Co-operative Bank Dietmar Roessl and Isabella Hatak 17. The Social Value of Multi-stakeholder Co-operatives: The Case of the CEFF System in Italy Silvia Sacchetti and Ermanno C. Tortia 18. Mobility Car Sharing: An Evolving Co-operative Structure Peter Suter and Markus Gmür 19. Case Study of a Meat Co. Ltd Lawson Savery PART V: PARTICIPATION IN FINANCIAL MARKETS 20. The Financing of Mondragon Co-operatives: A Legal Analysis Izaskun Alzola Berriozabalgotia 21. The Italian Co–operative Banking and Financial System: Institutions, Performances and Theoretical Background Marco Mazzoli and Gabriele Quadrelli 22. Governance, Organisational Design, Financial Structure and Investments in a Co-operative Firm Marco Mazzoli PART VI: INNOVATION IN CO-OPERATIVES 23. Shared Services and Performing Arts Co-operatives Edwin Juno-Delgado, Maureen McCulloch and Christine Sinapi 24. Innovation in Agricultural Co-operatives: Contrasting Images, the Example of Sparkling Wine and Cereals Michel Martin, Sophie Reboud and Corinne Tanguy 25. Evolution of a Modern Co-operative Business Model: The Case of Livestock Improvement Corporation Delwyn Clark 26. Organisational Innovation in Fresh Produce Co-operatives; the Case of FresQ in The Netherlands Jos Bijman 27. Citizen-Based Co-operatives in the Field of Renewable Energy: The Case of Solargenossenschaft Rosenheim Elisabeth Reiner, Richard Lang and Dietmar Roessl PART VII: DRAWING CONCLUSIONS 28. Conclusions and Lessons Learnt Tim Mazzarol, Delwyn Clark, Sophie Reboud and Elena Mamouni Limnios Index

Read more less

Book SynopsisWith a growing prominence of sophisticated econometric research in a much-expanded field of New Economics of Participation (NEP), it is of particular value to learn about real-world examples of participatory and labor-managed firms in the advanced market economies through extensive case studies. In this volume of Advances in the Economic Analysis of Participatory and Labor-Managed Firms, the authors present such case studies. The real-world examples of participatory organizations described vividly in this volume will help researchers in NEP to design empirical strategies better, and to interpret their econometric results more sensibly. Furthermore, they will help policymakers and practitioners in their efforts to construct better public policy and design management practices.Trade ReviewMany from Mondragon University in Spain, economists present case studies of worker-owned and worker-run businesses to help others design empirical studies in the new economics of participation. Among them are inter-cooperation mechanisms in Mondragon: managing the crisis of Fagor Electrodomesticos, employment involvement under rising competition pressure: evidence from two manufacturing firms in Japan, limitations of business unionism and co-op conservatism: a case study of Denver's taxi drivers union-cooperatives, and Atlas Container Corporation: thinking outside the box. -- Annotation ©2018 * (protoview.com) *Table of ContentsForeword; Takao Kato Introduction; Daphne Berry and Takao Kato INTER-COOPERATION MECHANISMS IN MONDRAGON: MANAGING THE CRISIS OF FAGOR ELECTRODOMESTICOS; Saioa Arando Lasagabaster and Iñaki Arenaza Bengoa ULMA ARCHITECTURAL SOLUTIONS: A case from the MONDRAGON cooperative group; Aitziber Arregi, Fred Freundlich and Mónica Gago Mid South Building and Supply: Surviving the Great Recession; Marc D. Street, Vera L. Street, Thomas J. Calo and Frank Shipper Employee Involvement under Rising Competitive Pressure: Evidence from Two Manufacturing Firms in Japan; Arghya Ghosh, Takao Kato and Hodaka Morita Limitations of Business Unionism and Coop Conservatism: A Case Study of Denver’s Taxi Driver Union-Cooperatives; Minsun Ji Structuring Firms to Benefit Low-Income Workers: An Employee Ownership Case Study; Janet Boguslaw and Sarah Taghvai-Soroui Board Structure at Carris Reels: A Participatory ESOP Company; Daphne Berry and David Fitz-Gerald Atlas Container Corporation: Thinking Outside the Box; Thomas J. Calo and Frank Shipper

Read more less

Book SynopsisThis book revolves around the idea that capitalism is not a democratic system and that a system of producer cooperatives, or democratically managed enterprises, gives rise to a new mode of production which is authentically socialist in essence and fully consistent with the ultimate rationale underlying Marx's theoretical approach. The author argues that the cooperative firm system outlined in this book offers a rich array of non-economic benefits that justify its classification as a 'genuinely socialist' entity, with real potential for achieving true economic democracy. This book will be required reading for all economists who are not content with the current capitalist economic system, and yet will still provide intriguing and thought-provoking insights for those who are.Trade Review'Bruno Jossa has long been a leading international scholar of worker self-management, socialism and Marxism. This, his most recent book, argues convincingly that, with a global crisis of capitalism looming, it is no longer admissible to contend that there is no alternative. A democratic alternative is within reach. Well worth a careful read.' --David Schweickart, Loyola University Chicago, US'The book by Bruno Jossa, a leading researcher and scholar in the field of the economics of the cooperative enterprise, is an intellectually provocative contribution to the expansion of the economics of cooperation. The central thesis defended is that the capitalist firm is not the only type of enterprise that is compatible with the efficient working of a modern market economy. Jossa's account is at once timely, novel and stimulating. A captivating read.' --Stefano Zamagni, University of Bologna and SAIS Europe, Italy'In this new book, Bruno Jossa reconstructs the theory of labour management and producer cooperatives, centring it around the evolution of Marxian and Marxist thought and giving the gist of revolutionary and reformist thought in the 20th Century, down to the contemporary theory of producer cooperatives, social movements in the 1960s and 70s, and the role of unions. A much-needed contribution to reinventing market-driven liberal socialism.' --Ermanno Tortia, University of Trento, ItalyTable of ContentsContents: Preface Introduction: The Cooperative Firm As An Alternative To The Capital-Owned Business Enterprise 1. Democratic Firms And Socialism 2. An Up-To-Date Model Of Marxism: A Socialist System Without Any Communist Colouring 3. The Revolutionary Impetus Of Marxism Versus Liberalism 4. Do Trade Unions Champion Worker Interests? 5. In What Direction Goes History? 6. The Evolution Of Socialism: From Utopia To Scientific Producer of Cooperative Economics References Index

Read more less

Book SynopsisThis book contains an Open Access chapter Scholarship in management and strategy is paying increasing attention to the domain of aesthetics. Companies routinely make aesthetic choices and there is growing recognition that aesthetic considerations are fundamental for successful performance in competitive markets. Stylistically sophisticated products may appeal to demanding customers, yielding higher profit margins. Style and beauty can also be applied toward enriching organizational cultures, informing leadership visions or motivating employees to defy conventions in designing new products. Aesthetics and Style in Strategy constitutes the first systematic survey of the interface between the aesthetic and strategic domains. Motivated by the rise of aestheticism in contemporary culture, it lays the foundations for an “aesthetic” turn in strategy, which interrogates the use of aesthetic features as a source of competitive advantage and provides examples of connecting design and engineering, style and technology. The “aesthetic turn” is not simply about creating value, but about sharing value among employees and infusing organizational activities with a purpose that transcends principles of efficiency. Volume 42 of Advances in Strategic Management documents the variety of ways in which the useful and the beautiful can be brought together, making a valuable contribution to the sustainability of business in the 21st century.Table of ContentsIntroduction. The Aesthetic Turn in Strategy: Creating Value with Style OPEN ACCESSPART 1. STYLISTIC PRODUCTION Chapter 1. Style Typologies and Competitive Advantage; Giovanni Formilan Chapter 2. Aesthetic and Technological Complexity in Luxury Watchmaking; Frederic Godart, Kim Claes, and Stoyan Sgourev Chapter 3. From Style to Status and to Power: When and Why Do Stylistic Choices in Footwear Make Women Feel and Act Powerful; David Dubois and Lalin Anik Chapter 4. Content or Connections? Socio - Semantic Analysis of Leaders’ Communication Styles in a Creative Collective; Nikita Basov, Artem Antonyuk, and IIna Hellsten Chapter 5. Tell Me Your Story and I Will Tell Your Sales: A Topic Model Analysis of Narrative Style and Firm Performance on Etsy; Donato Cutolo, Simone Ferriani, and Gino Cattani OPEN ACCESS PART 2. STYLISTIC EVALUATION Chapter 6. A rising tide lifts all boats: The origins of institutionalized aesthetic innovation; Micki Eisenman and Tal Simons Chapter 7. Changing Style in Style-Changing Industries: The Role of Critics as Gatekeepers in High-End Fashion; Paola Cillo, Joseph C. Nunes, Emanuela Prandelli, and Irene Scopelliti Chapter 8. Does Stylistic Similarity to Popular Competitors Affect Consumer Evaluations of Quality? Evidence from Online Movie Evaluation; Daniel Sands Chapter 9. Strategic Balance or Imperfect Imitation? Style and Legitimation Challenges in a Semi-Peripheral City; Alexander Hoppe PART 3. REFLECTIONS ON STYLE Reflections on Style and Strategy: an interview with Candace Jones Reflections on Style and Strategy: an interview with Gianni Lorenzoni Reflections on Style and Strategy: an interview with Virginia Postrel Reflections on Style and Strategy: an interview with Davide Ravasi Reflections on Style and Strategy: an interview with Antonio Strati

Read more less

Book SynopsisVolume 39 of Research in Personnel and Human Resources Management contains eight original scholarly monographs written by thought leaders in the field of human resources management. This volume focuses on generational issues that have been created by a global pandemic, gig economy in relation to human resources management, immigrant and refugee issues in human resources management, pay dispersion issues, network structures and human resources management, human resources issues in family organizations and managing human resources during economic downturns.Table of ContentsChapter 1. Human Resource Management and the Gig Economy: Challenges and Opportunities at the Intersection Between Organizational HR Decision Makers and Digital Labor Platforms; Kristine M. Kuhn, Jeroen Meijerink, and Anne Keegan Chapter 2. Explained Pay Dispersion: A 20-year Review of Human Resource Management Research and Beyond; Jason D. Shaw and Xiang Zhou Chapter 3. “Going to Hell in a Handbasket?” Personnel Responses to Organizational Politics in Economically Challenged Environments; Diane A. Lawong, Gerald R. Ferris, Wayne A. Hochwarter, and John N. Harris Chapter 4. Coming of Age in a Global Pandemic: HRM Perspectives on Generation Z’s Workforce Entry; Frances M. McKee-Ryan Chapter 5. Network Structures of Influence within Organizations and Implications for HRM; Kristin L. Cullen-Lester, Caitlin M. Porter, Hayley M. Trainer, Pol Solanelles, and Dorothy R. Carter Chapter 6. Human Resource Management in Family Firms: Review, Integration, and Opportunities for Future Research; Laura E. Marler, James M. Vardaman, and David G. Allen Chapter 7. HRM Challenges for Immigrant Employees: Status-Laden Transitions Across Cultures and Workplace Social Environments; David A. Harrison, Teresa L. Harrison, and Margaret A. Shaffer Chapter 8. Multidimensional (Mis)Fit: A Systemic View of the Refugee Employment Journey from an HRM Perspective; Vickie Coleman Gallagher, Lisa E. Baranik, Maria Hamdani, Sorin Valcea, Pakanat Kiratikosolrak, and Anthony Wheeler

Read more less

Book SynopsisThis incisive Handbook provides a global update on the state of knowledge in cooperatives and mutuals, expertly describing future directions for research and education. Showcasing extensive discussions of cooperative theory, Matthew S. Elliott and Michael A. Boland, and the contributors, assess cooperatives' social, economic and environmental effects and analyse the impact of regional and cultural features that make cooperatives unique. The insightful chapters are organised into key sections, including theory, organisation, governance and cross-sector applications, and introduce a relevant theory, framework, special topic or mini case on cooperatives and mutuals. The Handbook also examines the role of leaders, members and producers in supply chain governance and looks at different forms of cooperatives and mutuals and their prominence in the economy. Offering an excellent in-depth read, this Handbook will be a vital additional resource for economics scholars and researchers, and those teaching and working on cooperatives and mutualism. It will also prove helpful for conducting leader and member education programs.Trade Review‘This Handbook is remarkable for the breadth and quality of its contributors. Kudos to the Editors for assembling such a comprehensive collection of chapters on cooperatives and mutuals theory, governance, and practice.’ -- Brent Hueth, U.S Department of Agriculture, Washington DC, US‘Cooperatives define a multidimensional, complex set of organizational arrangements. This Handbook mobilizes an impressive group of experts to review the nature, role, governance, and diffusion of cooperatives worldwide, whilst exploring the numerous problems they face. It is a must-read for researchers and students as well as practitioners.’ -- Claude Menard, University of Paris, France‘Cooperatives and mutuals are a significant part of the economic landscape in most countries, but we have lacked a comprehensive source for knowledge and understanding of them and their potential to improve economic outcomes for members. This book, comprised of contributions from a distinguished group of international scholars and practitioners, fills this need and is an indispensable reference for researchers, practitioners, and policymakers.’ -- Richard Sexton, University of California, Davis, USTable of ContentsContents: Introduction to the Handbook of Research on Cooperatives and Mutuals 1 Matthew S. Elliott and Michael A. Boland PART I THEORY 1 The economic theory of agricultural and consumer cooperatives 9 Jeffrey S. Royer 2 The new institutional economic theory of cooperatives: taking stock, looking ahead 22 Matthew S. Elliott and Frayne Olson PART II ORGANIZATION 3 Organizational costs in agricultural cooperatives: comparison of European and US approaches 52 Constantine Iliopoulos and Michael L. Cook 4 New generation cooperatives: what we know and need to learn 83 Jason Franken 5 Cooperative business structures: access to capital via equity and credit 100 Christopher J. Kopka PART III GOVERNANCE 6 Social capital and governance of agricultural cooperatives 116 Jerker Nilsson 7 Leadership in agricultural cooperatives 135 John L. Park, Diane B. Friend, Matthew T. Manley and Barry L. Boyd 8 Measuring cooperative performance using organizational effectiveness and member participation 148 Sanjib Bhuyan and Kostas Karantininis 9 A framework for understanding the role of producers in governance of supply chains 166 Michael A. Boland, Noreen Byrne, Bridget Carroll, Olive McCarthy, Stephen Pitts, and Will Secor 10 The role of the farmer and their cooperative in supply chain governance: a Latin American small producer perspective 172 Stephen Pitts 11 The role of the farmer and their cooperative in supply chain governance: a US perspective 185 Michael A. Boland and William Secor 12 The role of the farmer and their cooperative in supply chain governance: an Irish perspective 193 Bridget Carroll, Olive McCarthy, Noreen Byrne, Michael A. Boland and Michael Ward PART IV CROSS-SECTOR APPLICATIONS 13 Risk and uncertainty in cooperative business 208 Frayne Olson and Matthew S. Elliott 14 The role of the marketing year and its implications for business strategy and finance 229 Michael A. Boland 15 Towards a framework for formulating cooperative strategy 235 Matthew S. Elliott, Frayne Olson, and Jasper Grashuis 16 Profit distribution and financial performance in cooperative firms 252 Phil Kenkel, Brian Briggeman, and Keri Jacobs 17 The implications of taxation and tax policies for cooperatives and members 265 Phil Kenkel, Keri Jacobs, and Brian Briggeman 18 Capitalization, equity, and growth in cooperative firms 277 Keri Jacobs, Phil Kenkel, and Brian Briggeman PART V SOCIAL, ENVIRONMENTAL AND ECONOMIC IMPACTS 19 Differential economic impacts for cooperative business structures: an application to farmer-owned cooperatives in New York State 292 Todd M. Schmit, Frederick C. Tamarkin, and Roberta M. Severson 20 Agricultural cooperatives and the transition to environmentally sustainable food systems 313 Jos Bijman and Julia Höhler 21 The development of cooperative-designed indicators for the SDGs 333 Fiona Duguid and Daphne Rixon PART VI REGIONAL AND CULTURAL FEATURES 22 African American cooperatives: from economic survival to economic justice 355 Jessica Gordon Nembhard 23 Recent developments among dairy cooperatives in the European Union 371 Julia Höhler and Jos Bijman 24 Social relations and cooperative development in rural China 389 Qian Wan, Eric Micheels, and Murray Fulton 25 Farmer cooperatives in China: frontiers in development and research 408 Qiao Liang and Ziming Han 26 Agricultural cooperatives in Latin America: the case of dairy 424 Alejandro Galetto and Gustavo Rossini 27 Unique features of agricultural cooperatives in sub-Saharan Africa 442 Nicola Francesconi, Fleur Wouterse, Michael L. Cook and Gashaw Abate Tadesse PART VII SPECIAL SECTORS AND TOPICS 28 Consumer cooperatives: purpose and possibilities 456 Zoë T. Plakias and Jason S. Entsminger 29 Product innovation and promotion of value-added products via marketing cooperatives 476 Kristin Kiesel, Sean Kiely, and Rachael E. Goodhue 30 Mutuals 496 James M. White 31 Worker cooperatives: solidarity at work 519 Sonja Novkovic and Jessica Gordon Nembhard 32 Multi-stakeholder cooperatives 533 Sonja Novkovic and Margaret Lund Epilogue: future directions on research and education on cooperatives and mutualism 551 Matthew S. Elliott and Michael A. Boland Index

Read more less

Book SynopsisThe healthcare industry is one of the largest and fastest-growing service industries in the world. The respective merits of public and private healthcare systems are continually debated, but a third system – that of healthcare cooperatives – is rapidly emerging as a universal, community-focused and cost-effective alternative. Rooted in remarkable examples from every corner of the world, World Healthcare Cooperatives highlights both the challenges a successful healthcare cooperative may face, as well as its proven effectiveness in making a difference. Understanding that, for many, especially in developing countries, private hospitals and healthcare insurance plans are expensive and out of reach, and that globally many public healthcare systems are under-resourced, chapters demonstrate how healthcare cooperatives have a critical role to play in providing services sustainably and at an affordable cost. Addressing the persistent gap between supply and demand in the healthcare sector, the authors highlight the capability of healthcare cooperatives to create a positive impact. With examples from Canada, Argentina, Japan, Africa, Brazil, Columbia, Sri Lanka, Spain, and India, chapters showcase the services that cooperatives can offer their communities, including the establishment of hospitals, medical facilities, and other infrastructure, as well as opportunities in biotechnology and information technology research. Considering more than 100 million households worldwide that have benefitted from healthcare cooperatives, this pioneering collection triggers a new direction of research to support those seeking to establish healthcare infrastructure in developing and least developed countries in achieving universal healthcare for all.Table of ContentsIntroduction: World Healthcare Cooperatives: Challenges and Opportunities; K.K. Tripathy, Sneha Kumari, V.G. Venkatesh, M.P. Sukumaran Nair, and R. Jayalakshmi Chapter 1. The Emergence of Health Cooperatives: Experiences and Way Forward; Ashok Dalwai, Ritambhara Singh, Vishita Khanna, and Rutuparna S. Chapter 2. Role and Importance of Cooperative Structure in Healthcare (with Regional Perspectives); Vignesh Sudhir and Sudhir Velayudhan Chapter 3. Initiatives and Learnings from World Healthcare Models; Sneha Kumari, V.G. Venkatesh, Priyanka Sunil Kothmire, M.P. Sukumaran Nair, and K.K. Tripathy Chapter 4. Governance of Healthcare Cooperatives with Reference to the Case of Thrikkakara Healthcare Cooperative; M.P. Sukumaran Nair Chapter 5. Healthcare Cooperatives in Argentina and Their Effect on Women and the Local Communities; Nirupama Patwardhan Chapter 6. Successful Model of Healthcare Cooperative Models: A Road Map – Abdur Razzaque Ansari Memorial (ARAM) Hospital by Handloom Weavers Jharkhand; Niharika Singh and Aditi Mishra Chapter 7. Spain Healthcare Cooperatives: Inspiring Model for the Developing Countries; Khushbu Thadani and Mansi Patnaik Chapter 8. Rebuilding and Founding Healthcare Cooperatives: A Review of ‘Ayushman Sahakar’ Scheme in India and ‘Gampaha’ Cooperative in Srilanka as a Development Mechanism; Samaya Pillai, Manik Kadam, Madhavi Damle, and Pankaj Pathak Chapter 9. Ideating Healthcare Cooperatives as Parallel Progression for Health and Healthcare Services; Leelavathi R., Arun Prakash, and Rakhi Mohan Chapter 10. Challenges and Growing Opportunities for Healthcare Cooperatives; Raj Krishna and Kumar Mukul Choudhary

Read more less

Book SynopsisCommons are self-organized, self-governed, autonomous networks and organizations that function outside the state and the private sector. They are emerging around the world as people recognize that the state and private sector have increasingly closed off access to basic resources and services. People want increased power to determine their political, economic, and social lives. Reimagining Leadership on the Commons includes leadership approaches derived from a complex, adaptive, open, whole systems perspective and a more relational, distributed, and collaborative paradigm that recognizes that rather than being individualist self-maximizers: people prefer to work together to share benefits and found a society based on ethical behavior, equality, and justice. This is essential reading for researchers of commons, leadership practitioners, and non-profits working towards a more ethical, equitable, and just world.Table of ContentsForeword; Dr. Marco Janssen Introduction Part I. Overview of Leading on the Commons; Randal Joy Thompson Introduction Part II. Debt, Obligation, and Care on the Commons; Devin P. Singh Part I. The Paradigm Shift Chapter 1. Leading Regenerative Systems: Evolving the Whole Instead of a Part; Kathleen E. Allen Chapter 2. Leading So All Can Thrive: Commons Leadership for Mutualistic Self-Organization; Elizabeth A. Castillo Chapter 3. Redefining Leadership through the Commons: An Overview of Two Processes of Meaning-making and Collective Action in Barcelona; Antonio Jimenez-Luque Chapter 4. Responsible, Relational and Intentional: A Re-Imagined Construct of Corporate-Commons Leadership; Kathleen A. Curran Chapter 5. What Favelas Can Teach about Leadership: The Importance of Shared-Purpose and Place-Based Leadership; Renato Souza, Thomaz Wood, Jr., and Brad Jackson Chapter 6. From Governance to Leadership: Ethical Foundations for Value-Infused Leadership of the Commons; Catharyn Baird, Allison Dake, Jeannine Niacaris, and Nancy Sayer Chapter 7. Leading Proleptically on the Commons; Randal Joy Thompson Part II. Leadership on the Commons Lifecycle Chapter 8. Developing Leadership on the Commons: Animal Rescue; Robin Bisha Chapter 9. Convening Leadership on the Commons: Initiating Stakeholder Networks to Solve Complex Global Issues; Patricia A. Clary Chapter 10. Collaborating and Co-Creating Leadership in the Virtual and Not-So-Virtual Commons: Road Warriors, Communitas, and Culture; Gayla S. Napier and David Blake Willis Chapter 11. Using Interorganizational Collaboration to Create Shared Leadership Through Collective Identity Development; Patricia Greer Chapter 12. The Role of Leaders in Catalyzing Cooperative Behavior in the Governance of Nonprofit Sector Shared Resources: The Case of Early Childhood Education; Angela Titi Amayah, MD Haque, and Wendolly A. Escobar Part III. Leading Specific Types of Commons Chapter 13. The Peoples’ Voice Cafe: Leading Collectively and Horizontally for More Than 40 Years; Susan J. Erenrich Chapter 14. Open Data, Distributed Leadership and Food Security: The Role of Women Smallholder Farmers; Éliane Ubalijoro, Victor N. Sunday, Foteini Zampati, Uchechit Shirley Anaduaka, and Suchith Anand Chapter 15. Learning and Leading Together to Transform the World: Jesuit Higher Education and Ignatian Leadership Formation at the Margins; Dung Q. Tran and Michael R. Carey Chapter 16. Traditional Leadership on the Commons: Main Challenges for Leaders of Community Organizations to Govern Rural Water in Ránquil, Chile; Camila Alejandra Vargas Estay, Noelia Carrasco Henríquez, Victor Manuel Vargas Rojas, and Luis Gatica Mora Chapter 17. Leadership of the Commons in Bosnia and Herzegovina: Protecting Natural Resources and Reclaiming Public Space; Edin Ibrahimefendic Chapter 18. Hopping the Hoops or Building a Communal Culture as the Most Significant Pillar of Leadership of the Commons; Katja Hleb, Miha Škerlavaj, and Domen Rozman Chapter 19. Job Commons: The Overlooked Dimension of Commons Leadership and Global and Local Governance; Jan Hurst

Read more less

Book SynopsisSince 1958, the economic theory of the participatory or labor-managed firm and its performance compared to capitalist firms, has exploded into a vast literature comprising several hundred articles. Indeed, as one early contributor has recently remarked, the theory has become a 'new discipline' in itself. Producer Cooperatives and Labor-Managed Systems provides, for the first time, a careful selection of the most significant theoretical and empirical contributions to this burgeoning field, and promises to become a valuable research tool and reference volume.Trade Review'Producer Cooperatives and Labor-Managed Systems is an informative collection of articles on the subject of labor management . . . Readers will benefit from this compilation insofar as it lays out the initial debate, the critical aspects of the labor-management controversy in the neoclassical economic literature, and some recent studies.' -- Sonja Novkovic, Feminist EconomicsTable of Contents38 articles, dating from 1958 to 1993 Contents: Introduction Part I: Performance: Classic Essays in the Theoretical Debate Part II: Performance under Diverse Structures and Systems Part III: Rights, Incentives, Innovation Index

Read more less

Book SynopsisThe Economic Theory of Socialism and the Labour-Managed Firm focuses on market socialism and the relevant debate among economic theorists. It argues that market socialism is the only rational form of socialism and that market socialism with labour-managed firms is by far the best form of market socialism. The book begins with a critical review of the contributions to the economic theory of socialism. The second part discusses the economic theory of labour-managed firms and pays particular attention to the adverse labour-supply curve, underinvestment, monitoring and the separation of ownership and control. The final chapters discuss problems such as the control of economic activity in labour-managed firms, worker motivation and incentives.This book will be of particular use to students and academics interested in comparative economic systems and to specialists in politics and sociology with an interest in alternative forms of economic organization.Trade Review'As a summary, extension and exposition of the calculation debate and the (neoclassical) theory of the labor-managed firm, Jossa and Cuomo's book is very useful and should probably be in the library of any scholar interested in the topic.'Table of ContentsContents: Introduction: Labour Management and Socialism 1. Economic Calculation in Socialism: Early Contributions 2. Socialism and Market: Lange’s Contribution and Marxist Theory 3. Liberalist Criticisms of the Lange Model 4. Socialism with Autonomous Firms 5. On the Taxonomy of Economic Systems 6. Market Socialism and Income Distribution 7. An Introduction to the Theory of the Labour-managed Firm 8. Equilibrium of the Self-managed Firm 9. Criticism of Ward’s Model 10. Self-managed Firms and Underinvestment 11. Property Rights and the Financing of the Cooperative Firm 12. Neo-institutionalism and the Cooperative Firm 13. Self-managment and the Social Foundation of Character 14. Conclusion Index

Read more less