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Labour Managed Firms in Spain

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Author Info

  • Alfonso Carlos Morales Gutiérrez

    ()
    (ETEA - Universidad de Córdoba)

  • Sonia Martín López

    (soniamartinlopez@ccee.ucm.es)

  • Gustavo Lejarriaga Pérez de las Vacas

    ()
    (Universidad Complutense de Madrid)

Abstract

There are at least two types of companies: conventional capitalist companies or Profit Maximizing Firms (PMFs) and, on the other hand, companies managed by their workforce or Labour-Managed Firms (LMFs). The entrepreneurial structures in Spain which include this second type are worker cooperatives (cooperativas de trabajo asociado) and public or limited liability worker-owned companies (sociedades laborales). This paper describes how this type of company has evolved using a set of indicators and offers a closer look at some of the reasons which explain the current difficult situation which, as will be shown, can be considered as critical in the case of cooperatives.

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File URL: http://www.ciriec-revistaeconomia.es/banco/6203_Morales_et_al.pdf
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Bibliographic Info

Article provided by CIRIEC-España in its journal CIRIEC-España, revista de economía pública, social y cooperativa.

Volume (Year): (2008)
Issue (Month): 62 (October)
Pages: 61-85

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Handle: RePEc:cic:revcir:y:2008:i:62:p:61-85

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Related research

Keywords: Labour-Managed Firms; worker cooperatives; worker-owned companies; employment.;

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  1. Francisco Javier Pérez Sanz & Ana Gargallo Castel, 2005. "Gestión, desarrollo y aplicación de la responsabilidad social en entidades de economía social: el caso de las cooperativas," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 53, pages 305-332, November.
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