Guest editorial: Introduction to special issue on overcoming the barriers for employee ownership part 1

The poorest employees may only be able to provide a relatively low capital contribution, and a potential external investor may contradict majority control by the large group of employees. [...]friendly loans in the start of the life cycle of the employee-owned firms and models for building up the co...

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Bibliographic Details
Published inJournal of participation and employee ownership (Online) Vol. 6; no. 2; pp. 97 - 100
Main Authors Mygind, Niels, Blasi, Joseph, Kruse, Douglas
Format Journal Article
LanguageEnglish
Published Bingley Emerald Group Publishing Limited 10.10.2023
Subjects
Cooperatives
Employee ownership
Employees
Legislation
Productivity
Startups
Tax incentives
Workers
Italy
United Kingdom > UK
France
United States > US
Spain
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Summary:The poorest employees may only be able to provide a relatively low capital contribution, and a potential external investor may contradict majority control by the large group of employees. [...]friendly loans in the start of the life cycle of the employee-owned firms and models for building up the company capital over time are important. According to the researchers, the different legislative initiatives and the development of the support organization CG Scop have created a strong and comprehensive framework for developing worker cooperatives. According to the authors, the explanation is an information problem both for the public and government agencies. The results show that the Italian worker cooperatives give high priority to job stability. Since the Second World War, the promotion of worker cooperatives has been written into the Italian constitution.
ISSN:2514-7641
2514-765X
DOI:10.1108/JPEO-09-2023-032