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Título:
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Employee-owned firms: A business model of Social Economy with potential
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Autores:
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Fernández Guadaño, Josefina
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Tipo de documento:
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texto impreso
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Editorial:
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Vilnius University, 2015
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Dimensiones:
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application/pdf
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Nota general:
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info:eu-repo/semantics/restrictedAccess
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Idiomas:
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Palabras clave:
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Estado = Publicado
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Materia = Ciencias Sociales: Economía: Cooperativas
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Tipo = Artículo
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Resumen:
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In Spain, the companies that are mainly owned by the employees form a part of the Social Economy and offer an alternative business model, which is found in a conventional capitalist economy. The objective of this study is to establish whether there are significant differences in the performance of Employee Owned Firms (EOFs) and more conventionally structured businesses, non-Employee Owned Firms (non-EOFs), due to the inherent differences in the capital-ownership structure. The aim is to establish whether or not a corporate governance structure characterised by the employee participation for both the financial and the informational decision-making aspects can be advocated. The results show differences in favour of the conventional non-EOFs for various indicators measuring economic performance and confirm the different objectives of each business type; however, they provide evidence of significant differences in favour of the EOFs in terms of the efficient use of the capital and labour factors of production, according to the theoretical literature.
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En línea:
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https://eprints.ucm.es/id/eprint/60711/1/Fern%C3%A1ndez%20Guada%C3%B1o%2C%20J.%20Employee%20owned%20firm.%20A%20business%20model%20of%20social%20economy.pdf
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