The Viability of Employee-Owned Firms
Evidence from France
Bibliographic Data
| ID | 3702233 |
|---|---|
| Authors | Saul Estrin (0000-0002-3447-8593, corresponding author), Derek C Jones (0000-0002-9347-4306, corresponding author) |
| Year | 1992 |
| Volume | 45 |
| Issue | 2 |
| Pages | 323-338 |
| Publication date | 1992-01-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Industrial and Labor Relations Review (JOURNAL) |
| Journal identifiers | ISSN: 0019-7939 • E-ISSN: 2162-271X |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/001979399204500209 |
| OpenAlex | W1976922085 |
| Language | EN |
| Citations received | 22 |
| References cited | 21 |
This study examines data on French producer cooperatives for the years 1970–79 to test the widely accepted theoretical prediction that employee-owned firms either will fail as commercial undertakings or degenerate into capitalist firms as the proportion of hired workers who are not members of the cooperative firm increases. Contrary to this prediction, the authors find a high rate of survival among the producer cooperatives studied, with many cooperatives still healthy after fifty years of operation, and they find no evidence of degeneration—either in terms of the proportion of hired workers, productivity, profitability, or capital-intensity. The findings do, however, suggest that the firms' financial structure became increasingly inefficient with age
Business · Business administration · Capital structure · Demographic economics · Economic growth · Economics · Industrial organization · Labour economics · Management · Productivity · Profitability index · R&D intensity · Cooperative Studies and Economics · Family Business Performance and Succession · Finance · Firm Innovation and Growth
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| Unique citing works | 16 |
|---|---|
| Citations per year | 0,65 |
| Citation span | 1992 - 2025 (34) |
| Citation velocity | recent |
| Highly cited | No |
| Citation types | Neutral: 18 |