Do Labour Societies Perform Differently To Cooperatives? Evidence From The Spanish Building Industry
AbstractCooperatives and Labour Societies are both Social Economy enterprises, but with noticeable differences, some of which are imposed by legislation in Spain. The aim of this paper is to study whether such differences affect their management capacity and, in particular, efficiency. In order to do so, we apply Data Envelopment Analysis (DEA) techniques to a sample of Spanish enterprises in the building industry and calculate indices of program efficiency. Results show that there is little difference between the performance of the two types of enterprises, although Cooperatives appear to have advantages over Labour Societies in regard to the management of working capital and, albeit to a lesser extent, labour.
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Annals of Public and Cooperative Economics.
Volume (Year): 83 (2012)
Issue (Month): 1 (03)
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Web page: http://www.blackwellpublishing.com/journal.asp?ref=1370-4788
Other versions of this item:
- Francisco J. Sáez-Fernández & Andrés J. Picazo-Tadeo & Carmen Llorca-Rodríguez, 2011. "Do Labour Societies Perform Differently to Cooperatives? Evidence from the Spanish Building Industry," Working Papers 1109, Department of Applied Economics II, Universidad de Valencia.
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- José Luis Monzon & Rafael Chaves, 2008. "The European Social Economy: Concept And Dimensions Of The Third Sector," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 79(3-4), pages 549-577, 09.
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