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Principios cooperativos y eficacia económica. Un análisis Delphi en el contexto normativo español

Author

Listed:
  • Luis Pedro Gallego Sevilla

    (Universidad de Valencia)

  • Juan Francisco Juliá Igual

    (Universidad de Valencia)

Abstract

Spanish corporate law claims to be inspired by the co-operative principles of the International Co-operative Alliance, which should always be applied in the terms which are gathered in the law. However, the law’s need to increase economic efficacy has led to the existence of permissive and restrictive legal interpretations of the aforesaid principles. In this article we propose a critical analysis of the legal framework, starting from the opinion of a group of experts processed through the Delphi method. The legal aspects and measures analysed refer to the legal regime of partners, the corporate financial structure, transactions with third parties and new forms of merger and company configuration.

Suggested Citation

  • Luis Pedro Gallego Sevilla & Juan Francisco Juliá Igual, 2003. "Principios cooperativos y eficacia económica. Un análisis Delphi en el contexto normativo español," CIRIEC-España, revista de economía pública, social y cooperativa, CIRIEC-España, issue 44, pages 231-259, April.
    • Handle: RePEc:cic:revcir:y:2003:i:44:p:231-259
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    More about this item

    Keywords

    Co-operative society; Spanish legislation; co-operative principles; financial structure; economic efficacy.;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • P13 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Cooperative Enterprises
    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness

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