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Cooperatives, Transferable Shares, and a Unified Business Law

Cooperatives, Transferable Shares, and a Unified Business Law

Bibliographic Data

ID12613503
AuthorsKazuhiko Mikami (0000-0002-7566-4018, Department of Applied Economics, University of Hyogo, Kobe; Hyogo Japan, corresponding author)
Year2016
Volume87
Issue3
Pages365-390
Publication date2016-07-05
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueAnnals of Public and Cooperative Economics (JOURNAL)
Journal identifiersISSN: 1370-4788 • E-ISSN: 1467-8292
PublisherWiley (PUBLISHER • GB)
DOI10.1111/apce.12132
OpenAlexW2476517093
LanguageEN
Citations received1
References cited19

This paper explores the implications of transferable shares in a cooperative firm as compared with shares in a capitalist firm. We argue that a cooperative firm issuing transferable shares is isomorphic to a capitalist firm as a business organization, while maintaining its essential characteristic of being owned not by capitalists but by members as input providers or output receivers. Based on this observation, we explore the possibility of developing a unified business law that regulates both capitalist and cooperative firms within a single legal framework

Business · Economics · Industrial organization · Market economy · Banking stability, regulation, efficiency · Corporate Finance and Governance · Housing, Finance, and Neoliberalism

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    Open Access•Gregory K Dow•Governing the Firm•2003

  • On the Principles of Political Economy, and Taxation

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  • Raising Capital by Issuing Transferable Membership in a Worker Cooperative

    Open Access•Kazuhiko Mikami•Annals of Public and Cooperative…•2013

  • Workers Co-operatives

    Hogr Tarkhani, Martin Lockett et al.•British Journal of Sociology•1982

  • Workers' Co-operatives

    Hogr Tarkhani, Martin Lockett et al.•British Journal of Sociology•1982

  • Dutch Capitalism and World Capitalism

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Unique citing works1
Citations per year0.13
Citation span2018 - 2018 (1)
Citation velocityhistorical
Highly citedNo
Citation typesNeutral: 1

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