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Workers or Investors? Investigating the Reciprocity Aspects among Greek Social Enterprises Members
[¿Trabajadores o Inversores? Investigar los aspectos de reciprocidad entre los miembros de las Empresas Sociales Griegas]

Author

Listed:
  • Achilleas Kontogeorgos

    (Universidad de Patras, Grecia.)

  • Fotios Chatzitheodoridis

    (Western Macedonia University of Applied Science, Grecia.)

Abstract

In Europe 160 million people are members of social economy enterprises and mutual societies. Members that work at social enterprises usually are bound with an employee relationship with their organization; on the other hand participating in a social enterprise could be their only chance to find a job, especially for economies that face a long-term recession such as the Greek economy. Social enterprises and entrepreneurs invest in reciprocity which represents that positive actions will inspire reciprocal positive actions. The main objective of this study is to examine the effect of reciprocity on members’ decision either to invest in social enterprises or to work for them acquiring in both cases the necessary shares. For this reason, a survey was conducted among Greek members of social enterprises listed in the Greek Social enterprises directory, to investigate their aspects about reciprocity and if these aspects affect their decision to work in a social enterprise or support financially them. The survey process returned 142 fully completed questionnaires. The analysis identified a sub group (5 over 27 items) of the questions used to measure reciprocity that can be used to classify participants into shareholders - members (investors) and shareholders - workers in social enterprises. It is worth mentioning that sex or other demographic characteristics of the respondents do not affect this classification while there are only aspects of positive reciprocity that have either positive or negative effect on the possibility to work in social enterprises. Social entrepreneurs and the Greek state could use these findings in order to direct and manage their expansion efforts.

Suggested Citation

  • Achilleas Kontogeorgos & Fotios Chatzitheodoridis, 2019. "Workers or Investors? Investigating the Reciprocity Aspects among Greek Social Enterprises Members [¿Trabajadores o Inversores? Investigar los aspectos de reciprocidad entre los miembros de las Emp," REVESCO: Revista de estudios cooperativos, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Escuela de Estudios Cooperativos, issue 132, pages 9-28.
  • Handle: RePEc:ucm:reveco:y:2019:i:132:p:9-28
    DOI: 10.5209/REVE.64303
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    More about this item

    Keywords

    Reciprocity; Social Enterprises; Greece; Logistic regression Analysis.;
    All these keywords.

    JEL classification:

    • J54 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Producer Cooperatives; Labor Managed Firms
    • L31 - Industrial Organization - - Nonprofit Organizations and Public Enterprise - - - Nonprofit Institutions; NGOs; Social Entrepreneurship

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