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The Governance of Exchanges: Members' Cooperatives versus Outside Ownership

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Author Info
Hart, Oliver
Moore, John

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Abstract

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Publisher Info
Article provided by Oxford University Press in its journal Oxford Review of Economic Policy.

Volume (Year): 12 (1996)
Issue (Month): 4 (Winter)
Pages: 53-69
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Handle: RePEc:oup:oxford:v:12:y:1996:i:4:p:53-69

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  1. Brink, R. van den & Ruys, P.H.M. & Semenov, R., 1999. "Governance of clubs and firms with cultural dimensions," Discussion Paper 101, Tilburg University, Center for Economic Research. [Downloadable!]
  2. Oliver Fabel & Thomas Weber, 2005. "Entrepreneurial Elites: Industry Structure and Welfare Effects of Incubating New Businesses," Working Papers of the Research Group Heterogenous Labor 05-09, Research Group Heterogeneous Labor, University of Konstanz/ZEW Mannheim. [Downloadable!]
  3. Baris Serifsoy & Marco Weiß, 2007. "Settling for Efficiency - A Framework for the European Securities Transactions Industry," Working Paper Series: Finance and Accounting 151, Department of Finance, Goethe University Frankfurt am Main. [Downloadable!]
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  4. Malkamäki , Markku & Topi, Jukka, 1999. "Strategic Challenges for Exchanges and Securities Settlement," Research Discussion Papers 21/1999, Bank of Finland. [Downloadable!]
  5. Oliver Hart & John Moore, 1998. "Cooperatives vs. Outside Ownership," NBER Working Papers 6421, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. Marek Hudon, 2006. "Subsidies and financial performances of the microfinance institutions: Does management matter?," Working Papers CEB 05-015.RS, Université Libre de Bruxelles, Solvay Business School, Centre Emile Bernheim (CEB). [Downloadable!]
  7. Miranowski, John & Jensen, Helen H. & Batres-Marquez, S. Patricia & Ishdorj, Ariun, 2004. "Product Differentiation and Segregation in Agricultural Systems: Non-Genetically Modified and Specialty Corn and Soybean Crops in Iowa," Staff General Research Papers 11433, Iowa State University, Department of Economics. [Downloadable!]
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  8. Kirsten Foss, Nicolai Foss, 2001. "Assets, Attributes and Ownership," International Journal of the Economics of Business, Taylor and Francis Journals, vol. 8(1), pages 19-37, February. [Downloadable!] (restricted)
    Other versions:
  9. Chong-en Bai & Chenggang Xu, 1995. "Does Employee Ownership Improve Incentives for Efforts," Boston College Working Papers in Economics 303., Boston College Department of Economics. [Downloadable!]
  10. Frank Milne & David Kelsey, 2005. "Externalities, Monopoly and the Objective Function of the Firm," Working Papers 1078, Queen's University, Department of Economics. [Downloadable!]
    Other versions:
  11. Andrew Worthington & Helen Higgs, 2005. "Market Risk in Demutualised Self-Listed Stock Exchanges: An International Analysis of Selected Time-Varying Betas," School of Economics and Finance Discussion Papers and Working Papers Series 201, School of Economics and Finance, Queensland University of Technology. [Downloadable!]
  12. Malkamäki, Markku, 1999. "Are there Economies of Scale in Stock Exchange Activities?," Research Discussion Papers 4/1999, Bank of Finland. [Downloadable!]
  13. William R. Emmons & Willi Mueller, 1997. "Conflict of interest between borrowers and lenders in credit co- operatives: the case of German co-operative banks," Working Papers 1997-009, Federal Reserve Bank of St. Louis. [Downloadable!]
  14. Schmiedel, Heiko, 2002. "Total factor productivity growth in European stock exchanges: A non-parametric frontier approach," Research Discussion Papers 11/2002, Bank of Finland. [Downloadable!]
  15. Frank Milne & David Kelsey, 2006. "Takeovers and Cooperatives," Working Papers 1113, Queen's University, Department of Economics. [Downloadable!]
  16. Herbst, P. & Prufer, J., 2007. "Firms, Nonprofits, and Cooperatives: A Theory of Organizational Choice," Discussion Paper 2007-7, Tilburg University, Center for Economic Research. [Downloadable!]
  17. Andrew Worthington & Helen Higgs, 2006. "Market Risk in Demutualized Self-Listed Stock Exchanges: An International Analysis of Selected Time-Varying Betas," Global Economic Review, Taylor and Francis Journals, vol. 35(3), pages 239-257, September. [Downloadable!] (restricted)
  18. Bengt Holmstrom & Steven N. Kaplan, 2001. "Corporate Governance and Merger Activity in the U.S.: Making Sense of the 1980s and 1990s," NBER Working Papers 8220, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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