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The Business Transfer through the Cooperative Model. A Comparative Analysis Italy-France

Author

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  • Cristina Di Stefano

    (Department of Industrial and Information Engineering and Economics, University of L’Aquila (Italy))

Abstract

After a review of the literature on the topic of business transfer, the paper focuses on worker buyout (WBO) operations, and specifically on those implemented through the worker cooperative model. By comparing Italian and French WBO cooperatives, the paper aims at extrapolating key factors and main actors of the WBO operation in the two countries. After an analysis of the legislative framework that supports the process in Italy and France, six WBO cooperatives are examined. The research methodology selected is a qualitative one. Through an international comparison, it is possible to highlight the main aspects of the WBO process that can be considered independent from the legislative framework in which such operation is implemented. Although the study is a first analysis that cannot be considered exhaustive, it allows for a better understanding of a business transfer typology that is still little studied by the literature.

Suggested Citation

  • Cristina Di Stefano, 2018. "The Business Transfer through the Cooperative Model. A Comparative Analysis Italy-France," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 7(2), pages 62-86.
    • Handle: RePEc:trn:csnjrn:v:7:i:2:p:62-86
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    References listed on IDEAS

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    More about this item

    Keywords

    Worker buyout; Business transfer; Worker cooperative; Italy; France;
    All these keywords.

    JEL classification:

    • J53 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Labor-Management Relations; Industrial Jurisprudence
    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms
    • K2 - Law and Economics - - Regulation and Business Law

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