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Assessing Mondragon: Stability & Managed Change in the Face of Globalization

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Author Info

  • Saioa Arando

    ()

  • Fred Freundlich

    ()

  • Monica Gago

    ()

  • Derek C. Jones

    ()

  • Takao Kato

    ()

Abstract

By drawing on new interview evidence gathered during several field trips and new financial and economic data from both external and internal sources, we document and assess the changing economic importance and performance of the Mondragon group of cooperatives as well as the two largest sectors within the group. Compared to conventional firms in the Basque Country and Spain, and producer co-ops (PCs) and employee owned firms elsewhere, in general we find evidence of growing group importance and strong performance and a similarly strong record for the industrial and retail divisions...

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Bibliographic Info

Paper provided by William Davidson Institute at the University of Michigan in its series William Davidson Institute Working Papers Series with number wp1003.

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Length: pages
Date of creation: 01 Nov 2010
Date of revision:
Handle: RePEc:wdi:papers:2010-1003

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Keywords: employee ownership; producer cooperatives; labor managed firm; productive efficiency; Mondragon;

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References

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  1. John Pencavel & Luigi Pistaferri & Fabiano Schivardi, 2006. "Wages, employment, and capital in capitalist and worker-owned firms," Industrial and Labor Relations Review, ILR Review, Cornell University, ILR School, vol. 60(1), pages 23-44, October.
  2. Burdín, Gabriel & Dean, Andrés, 2009. "New evidence on wages and employment in worker cooperatives compared with capitalist firms," Journal of Comparative Economics, Elsevier, vol. 37(4), pages 517-533, December.
  3. Dow,Gregory K., 2003. "Governing the Firm," Cambridge Books, Cambridge University Press, number 9780521818537, October.
  4. Joshi, Sumit & Smith, Stephen C., 2008. "Endogenous formation of coops and cooperative leagues," Journal of Economic Behavior & Organization, Elsevier, vol. 68(1), pages 217-233, October.
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Cited by:
  1. Armstrong, J. Scott & Green, Kesten C., 2012. "Effects of corporate social responsibility and irresponsibility policies," MPRA Paper 43007, University Library of Munich, Germany.

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