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The Reform of the Western European Cooperative Legislation : A First Assessment from a Bargaining Point of View

Author

Listed:
  • MARINI, Marco

    (CORE, Université catholique de Louvain and Institute of Economics, University of Urbino, Urbino, Italy)

  • ZEVI, Alberto

    (Institute of Economics, University of Urbino, Urbino, Italy and Institute of Public Economics, University of Rome "La Sapienza", Rome)

Abstract

The early nineties Western European Cooperation reforms have followed a similar path of innovation. The most innovative change introduced by these reforms is the possibility for the Cooperative firms to comprehend, beside the traditional physical person members (PPlvI's), a certain number of financial-backer members (FBM's), who only bring in risk capital. The paper presents a model that tries to ascertain how these reforms will affect the performance and the property rights regime of Cooperatives and which type of incentives can emerge from this new set of rules.

Suggested Citation

  • MARINI, Marco & ZEVI, Alberto, 1995. "The Reform of the Western European Cooperative Legislation : A First Assessment from a Bargaining Point of View," LIDAM Discussion Papers CORE 1995022, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    • Handle: RePEc:cor:louvco:1995022
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    File URL: https://sites.uclouvain.be/core/publications/coredp/coredp1995.html
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    Cited by:

    1. Marini, Marco, 1998. "Stable producer co-operatives in competitive markets," MPRA Paper 31925, University Library of Munich, Germany.

    More about this item

    JEL classification:

    • J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms

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