Management Skills or Economic Context? The Performance of Spanish Consumer Cooperatives in the First Third of the Twentieth Century

Francisco J. Medina-Albaladejo () and José L. Martínez-González ()
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Francisco J. Medina-Albaladejo: Departament d’Anàlisi Econòmica e IUDESCOOP, Universitat de València, Valencia, Spain
José L. Martínez-González: Facultat d’Economia i Empresa, Universitat Autònoma de Barcelona, Barcelona, Spain

No 2501, Documentos de Trabajo (DT-AEHE) from Asociación Española de Historia Económica

Abstract: The literature has highlighted the importance of various factors in explaining the success or failure of cooperatives based on the study of multiple historical cases. The aim of this paper is to identify the determinants of the performance of Spanish consumer cooperatives using a sample of 14 societies between 1898 and 1935. The results show that their successful performance was driven by a combination of favourable economic contexts and internal factors such as greater experience, management skills, and lower dependence on external financial resources.

Keywords: Consumer Co-operatives; Rochdalian Model; Business Performance; Management Skills; Economic Context; Panel Data Model (search for similar items in EconPapers)
JEL-codes: N14 N34 N84 P13 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2025-01
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Persistent link: https://EconPapers.repec.org/RePEc:ahe:dtaehe:2501

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