The Oxford Handbook of Mutual, Co-Operative, and Co-Owned Business

ISBN : 9780198828822

Jonathan Michie; Joseph R. Blasi; Carlo Borzaga and President of the European Research Institute on Cooperatives and Social Enterprise .)
704 ページ
170 x 244 mm
Oxford Handbooks

The Oxford Handbook of Mutual, Co-Operative, and Co-Owned Business investigates all types of 'member owned' organizations, whether consumer co-operatives, agricultural and producer co-operatives, worker co-operatives, mutual building societies, friendly societies, credit unions, solidarity organizations, mutual insurance companies, or employee-owned companies. Such organizations can be owned by their consumers, the producers, or the employees - whether through single-stakeholder or multi-stakeholder ownership.

This complex set of organizations is named differently across countries: from 'mutual' in the UK, to 'solidarity cooperatives' in Latin America. In some countries, such organizations are not even officially recognized and thus lack a specific denomination. For the sake of clarity, this Handbook will refer to member-owned organizations to encompass the variety of non-investor-owned organizations, and in the national case study chapters the terms used will be those most widely employed in that country. These alternative corporate forms have emerged in a variety of economic sectors in almost all advanced economies since the time of the industrial revolution and the development of capitalism, through the subsequent creation and dominance of the limited liability company. Until recently, these organizations were generally regarded as a rather marginal component of the economy. However, over the past few years, member-owned organizations have come to be seen in some countries, at least, as potentially attractive in light of their ability to tackle various economic and social concerns, and their relative resilience during the financial and economic crises of 2007-2017.


Jonathan Michie, Joseph R. Blasi, and Carlo Borzaga: Introduction
Part I: Diversity and Complexity of Member-Owned Enterprises
1 Jonathan Michie: The Importance of Ownership
2 Giovanni Ferri and Angelo Leogrande: Entrepreneurial Pluralism
3 Stuart White: Liberal Philosophies of Ownership
4 Hagen Henry: Co-operative Principles and Co-operative Law Across the Globe
Part II: Rationale of Co-operative Enterprises
5 Carlo Borzaga and Ermanno C. Tortia: Co-operation as Co-ordination Mechanism: A New Approach to the Economics of Co-operative Enterprises
6 Victor A. Pestoff: The Social and Political Dimensions of Co-operative Enterprises
Part III: History of Member-owned Organizations
7 Vera Zamagni: A Worldwide Historical Worldwide Perspective on Co-operatives and Their Evolution
8 Joseph R. Blasi and Douglas L. Kruse: An American Historical Perspective on Employee Ownership
Part IV: Co-Operatives, Mutuals, Member-Owned And Employee-Owned Enterprises in the Global Economy
9 Virginie Perotin: Worker Co-Operatives: Good, Sustainable Jobs in the Community
10 Silvio Goglio and Panu Kalmi: Credit Unions and Co-operative Banks Across the World
11 Samira Nuhanovic-Ribic, Ermanno C. Tortia, and Vladislav Valentinov: Agricultural Co-operatives: A Struggle for Identity
12 Giulia Galera: Social and Solidarity Co-operatives: An International Perspective
13 Pier Angelo Mori: Community Co-operatives and Co-operatives Providing Public Services: Facts and Prospects
14 Loren Rodgers: How to Think about Global Employee Ownership
Part V: Political, Governance, and Organizational Aspects
15 Joseph R. Blasi, Richard B. Freeman, and Douglas L. Kruse: Evidence: What the US Research Shows about Worker Ownership
16 Zoe Adams and Simon Deakin: Enterprise Form, Participation, and Performance In Mutuals and Co-operatives
17 Peter Couchman: Governance And Organizational Challenges
18 Chiara Carini and Maurizio Carpita: Are Co-operatives Small? Evidence from the World Co-operative Monitor
Part VI: National Case Studies
19 Xabier Barandiaran and Javier Lezaun: The Mondragon Experience
20 Daniel Tischer and John Hoffmire: Moving Towards 100% Employee Ownership Through ESOPs: Added Complexities in Add-On Transactions
21 Sara Depedri: Social Co-operatives In Italy
22 Markus Hanisch: Co-operatives and the Transformation of the German Energy Sector
23 Michela Giovannini and Marcelo Vieta: Co-operatives in Latin America
24 Lou Hammond Ketilson: Developing and Sustaining Communities: The Role of Co-operatives
25 Joseph R. Blasi and Douglas L. Kruse: Shared Capitalism in the USA: Evaluation and Future Policies
26 Maurie J. Cohen: Workers - and Consumers - of the World Unite! Opportunities for Hybrid Co-operativism
27 Daphne Berry: The Worker Co-operative form in the Home Care Industry in the USA
28 Holger Blisse and Detlev Hummel: Raiffeisenbanks and Volksbanks for Europe: The Case of Co-operative Banking in Germany
29 Corey Rosen: Statutory Employee Stock Ownership Plans in the US
30 Andrew Pendleton and Andrew Robinson: Employee Ownership in Britain Today
Part VII: Corporate and Sector Case Studies
31 William Davies: Corporate Governance Beyond Neoliberalism: Agency, Democracy, and Co-operation
32 Zahir Dossa: Co-operatives: A Development Strategy? An Analysis of Argan Oil Co-operatives in South-West Morocco
33 Alex Nicholls and Benjamin Huybrechts: Fair Trade and Co-operatives
34 Ruth Yeoman: From Traditional to Innovative Multi-Stakeholder Mutuals: The Case of Rochdale Boroughwide Housing
35 Franck Thomas: The Emergence of Multi-Stakeholder Co-operatives in the Movement of Farm Machinery Co-operatives (CUMAs) in France
36 Li Zhao: Agricultural Co-operatives in China
Part VIII: The Future of Co-operatives
37 Mark J. Kaswan: US Worker Co-operatives
38 Antonio Fici: The Essential Role of Co-operative Law and Some Related Issues
39 David T. Llewellyn: Conversion from Stakeholder Value to Shareholder Value Banks: The Case of UK Building Societies
40 Johnston Birchall: The Performance of Member-Owned Businesses Since the Financial Crisis of 2008
41 David Erdal: Creating Socially Sustainable Enterprise
42 Charles Gould: The Co-operative Business Model: The Shape of Things to Come


Jonathan Michie is Professor of Innovation and Knowledge Exchange at the University of Oxford, where he is President of Kellogg College, Director of the Department for Continuing Education, and Director of the Oxford Centre for Mutual & Employee-owned Business. Jonathan is a Fellow of the Academy of Social Sciences; a member of Defra's Economic Advisory Panel; and a member of the Council of the United World Colleges (UWC), and Chair of Governers of UWC Atlantic College. From 1997-2004 he held the Sainsbury Chair of Management at Birkbeck, University of London where he was Head of the School of Management & Organizational Psychology.; Joseph Blasi is the J. Robert Beyster Professor at Rutgers University's School of Management and Labor Relations in New Brunswick, New Jersey and a Research Associate of the National Bureau of Economic Research. An economic sociologist, Blasi studies the social history of the corporation and corporate governance with a special emphasis on organizations where rewards, power, and prestige are broadly distributed, as in the case of worker ownership and profit sharing in firms. He is Director of a Fellowship Program at Rutgers. He is co-author of The Citizen's Share (Yale University Press, 2013) and a frequent policy advisor on these issues.; Carlo Borzaga is full Professor of Economic Policy at the University of Trento (Italy) and President of the European Research Institute on Cooperatives and Social Enterprise (Euricse). He also chairs the Master Programme in Management of Social Enterprises at the University of Trento and is a founding member of the EMES European Research network. Carlo sits on the scientific committee of numerous Italian and European journals and is co-editor of the newly launched international Journal of Entrepreneurial and Organizational Diversity (JEOD). He has authored and co-edited numerous books and papers on labour economics and social and cooperative enterprises.