The impact of the economic crisis on Italian cooperatives in the industrial sector

Carini, Chiara; Carpita, Maurizio

doi:10.1016/j.jcom.2014.03.001

Cited by 33 publications

(29 citation statements)

References 4 publications

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“…Delbono and Reggiani () use data from a large sample of Italian firms in the periods 2003–2010 and 1994–2011 concluding that, unlike IOFs, WOFs adjust wages more than employment when facing shocks. Also Carini and Carpita () study a large sample of Italian enterprises and find higher employment stability in WOFs with respect to IOFs during the years 2008–2010. Using data on firms located in a province of northeastern Italy (province of Ravenna), Navarra () shows that worker cooperatives manage to stabilize employment both by making the wages fluctuate (‘flexible wage contract’) and by paying lower wages than the average market wages in the province (with the exception of the construction sector, in which worker cooperatives hold significant market power).…”

Section: Relevant Literaturementioning

confidence: 97%

Why Wages Tend to Be Lower in Worker‐owned Firms Than in Investor‐owned Firms

Bonatti

Lorenzetti

2018

Ann Public Coop Econ

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Consistently with the empirical evidence and in contrast with Shapiro and Stiglitz (1984), we demonstrate that worker-owned firms exhibit not only more wage flexibility and less employment volatility than investor-owned firms, but also lower expected wages than the latter. This is due to the informational advantage enjoyed by the firm's owners relatively to the workers concerning some circumstances that affect the performance of the firm. We show this both in the case in which each investor owned firm offers labor contracts to single workers who act atomistically and in the case in which each investor owned firm negotiates labor conditions with its workers who act as a group (a 'union'). Finally, we show that differences in attitudes towards risk between investor owned firms and their workers are not necessary to explain the typical combination of state-independent wages and cyclical layoffs that characterizes most industries.

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Section: Relevant Literaturementioning

confidence: 97%

Why Wages Tend to Be Lower in Worker‐owned Firms Than in Investor‐owned Firms

Bonatti

Lorenzetti

2018

Ann Public Coop Econ

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“…Indeed, its anticyclical behavior has been widely analyzed in the literature from the perspective of employment because of the importance of the work factor in this business form [44]. Most studies show that in a situation of economic crisis, cooperatives have greater resistance to job destruction [45][46][47][48]. This greater resilience is based on greater flexibility by allowing employment to be adjusted through the hours worked and not in the number of employees [49].…”

Section: Literature Reviewmentioning

confidence: 99%

Business Cycle, SSE Policy, and Cooperatives: The Case of Ecuador

2020

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Over the last few decades, the social and solidarity economy (SSE) has undergone complex changes, from being undervalued to being institutionalized as a key sector in the economy. Within this context of change, Ecuador is a remarkable example of a country that has revamped its public policy to situate the SSE in a position of prominence on the national landscape. Using the business cycle theory and based on a model of panel data from 2007–2017, this article attempts to empirically validate that the relationship between the size of Ecuadorian cooperatives, as core businesses of SSE, is coupled with the expansive and destructive economic cycles by adding two more variables: business structure and public policy. From a global perspective, the results confirm a procyclical of the behavior of cooperatives and the positive impact of the new public policy. However, the sectoral and territorial analysis concludes that only production cooperatives in the primary sector have grown in the new institutional framework, and that this growth is concentrated in provinces with a strong cooperative tradition.

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“…For instance, in the early 2000′s these enterprises have grown continuously across sectors during the economic crisis (Birchall & Ketilson, 2009). Also Carini and Carpita (2014), analyzed Italian Co-operatives that operated in the industrial and supports service sector and concluded on the resilience of Co-operatives in times of economic crisis with more stable employment levels than corporations.…”

Section: The Importance Of Mining Co-operatives Business Modelsmentioning

confidence: 99%

Mining co-operatives: A model to establish a network for sustainability

Alves

Ferreira

Araújo

2019

Journal of Co-operative Organization and Management

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Mining Co-operatives wield significant influence over the mining sector. These organizations have been getting increasing importance to support diggers through initiatives and policies to improve small-scale mining activ-ities. In spite of the importance of cooperatives to the local communities, studies on their role and contribution towards sustainable business practices in the sector are still scarce. This paper investigates the scenario of mining Cooperatives in Brazil through a set of interviews to the managers of these Co-operatives, which allowed to conclude on the relevance of the sector to establish a sustainable network into the mining sector in the country. The results indicated some key concerns related to lack of awareness towards cooperative principles and en-vironmental impacts and the reduced engagement with local community. The need to improve knowledge and academic background of both diggers and managers emerged as a major challenge to be overcome to ensure that cooperative principles are effectively put in place and guide the cooperatives towards sustainable development

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The impact of the economic crisis on Italian cooperatives in the industrial sector

Cited by 33 publications

References 4 publications

Why Wages Tend to Be Lower in Worker‐owned Firms Than in Investor‐owned Firms

Why Wages Tend to Be Lower in Worker‐owned Firms Than in Investor‐owned Firms

Business Cycle, SSE Policy, and Cooperatives: The Case of Ecuador

Mining co-operatives: A model to establish a network for sustainability

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