@techreport{Pencavel2012Worker,
abstract = {A worker co-operative is a firm that is owned and managed by those who work in it. This paper provides a selective review of research in economics on worker cooperatives. It concentrates on the volatility of earnings and employment in the co-ops compared with conventional capitalist firms; on the long-term viability of co-ops; on the relative productive efficiency of co-ops; and on problems of democratic governance within co-ops. Using modern empirical methods applied to large numbers of observations, recent research has substantially enhanced our understanding of worker co-ops.},
address = {Bonn},
author = {John H. Pencavel},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J54; 330; worker cooperatives; comparative efficiency; viability; Genossenschaft; Selbstverwalteter Betrieb; Produktivit\"{a}t; Wirtschaftliche Effizienz; Unternehmenserfolg; Wirtschaftsdemokratie; Theorie},
language = {eng},
number = {6932},
publisher = {IZA},
title = {Worker cooperatives and democratic governance},
type = {Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit},
url = {http://hdl.handle.net/10419/67218},
year = {2012}
}
