A worker co-operative is a firm that is owned and managed by those who work in it. This paper provides a selective … efficiency of co-ops; and on problems of democratic governance within co-ops. Using modern empirical methods applied to large …

We provide the first econometric study of efficiency for a member of the Mondragon group of worker cooperatives. Eroski … difference models we find that hypermarket stores with cooperative ownership grow sales significantly faster than GESPA stores … cooperatives. Finally, while cooperative members are better paid than their peers in comparable firms, individual-level data also …

the understanding of the allocative efficiency effects of worker participation …

The conditions under which profit sharing affects workplace productivity have never been fully understood. Using panel … productivity growth in Canadian establishments, and whether this relationship is affected by various contextual factors … adoption of a profit sharing program and subsequent productivity growth in both panels, but only among establishments that …

Whilst existing efficiency wage literature assumes detection probabilities of shirkers are exogenous, this paper finds …

cooperative behavior …