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Takeovers and cooperatives: governance and stability in non-corporate firms

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Listed author(s):
  • David Kelsey

    ()

  • Frank Milne

Abstract

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File URL: http://hdl.handle.net/10.1007/s00712-010-0116-5
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Article provided by Springer in its journal Journal of Economics.

Volume (Year): 99 (2010)
Issue (Month): 3 (April)
Pages: 193-209

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Handle: RePEc:kap:jeczfn:v:99:y:2010:i:3:p:193-209
DOI: 10.1007/s00712-010-0116-5
Contact details of provider: Web page: http://www.springer.com

Keywords: Corporate governance; Cooperative; Take-over; Free-rider; Externality; D70; L20;

Find related papers by JEL classification:

  • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General
  • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General

References listed on IDEAS
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  1. Gregory K. Dow & Gilbert L. Skillman, 2007. "Collective Choice and Control Rights in Firms," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 9(1), pages 107-125, 02.
  2. Farrell, Joseph, 1985. "Owner-consumers and efficiency," Economics Letters, Elsevier, vol. 19(4), pages 303-306.
  3. David Kelsey & Frank Milne, 2006. "Externalities, monopoly and the objective function of the firm," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 29(3), pages 565-589, November.
  4. David Kelsey & Frank Milne, 2008. "Imperfect Competition and Corporate Governance," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(6), pages 1115-1141, December.
  5. Corneo, Giacomo G., 1997. "Taxpayer-consumers and public pricing," Economics Letters, Elsevier, vol. 57(2), pages 235-240, December.
  6. Hart, Oliver & Moore, John, 1996. "The Governance of Exchanges: Members' Cooperatives versus Outside Ownership," Oxford Review of Economic Policy, Oxford University Press, vol. 12(4), pages 53-69, Winter.
  7. Julian Franks & Colin Mayer & Stefano Rossi, 2009. "Ownership: Evolution and Regulation," Review of Financial Studies, Society for Financial Studies, vol. 22(10), pages 4009-4056, October.
  8. Fershtman, Chaim & Judd, Kenneth L, 1987. "Equilibrium Incentives in Oligopoly," American Economic Review, American Economic Association, vol. 77(5), pages 927-940, December.
  9. Erkan YalÁin & Thomas I. Renstr–m, 2003. "Endogenous Firm Objectives," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 5(1), pages 67-94, 01.
  10. Stefano Demichelis & Klaus Ritzberger, 2007. "Corporate Control and the Stock Market," Carlo Alberto Notebooks 60, Collegio Carlo Alberto.
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Cited by:

  1. Marco Marini & Alberto Zevi, 2011. "‘Just one of us’: consumers playing oligopoly in mixed markets," Journal of Economics, Springer, vol. 104(3), pages 239-263, November.
  2. Marco A. MARINI & Paolo POLIDORI & Desiree TEOBALDELLI & Alberto ZEVI, 2015. "Welfare Enhancing Coordination In Consumer Cooperatives Under Mixed Oligopoly," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 86(3), pages 505-527, 09.

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