The Reform of the Western European Co-operative Legislation: a First Assessment from a Bargaining Point of View

Marco Marini and Alberto Zevi

Rivista italiana degli economisti, 1998, issue 1, 83-104

Abstract: Western European countries have recently witnessed legislative reforms concerning the set of rules governing the co-operative type of organizations (and, in particular, the producer co-operatives). The most innovative aspect introduced by these reforms seems the possibility for the co-operatives to include, beside the traditional physical-person members (PPMs), a certain number of financial-backer members (FBMs) who only bring in risk capital. The paper presents a model that tries to ascertain how this element is going to affect the behaviour and the performances of producer co-operatives and which type of incentives will emerge as a result.

Date: 1998
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Related works:
Working Paper: The reform of the Western European co-operative legislation: a first assessment from a bargaining point of view (1998)
Working Paper: The Reform of the Western European Cooperative Legislation: A First Assessment from a Bargaining Point of View (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:mul:jqat1f:doi:10.1427/3633:y:1998:i:1:p:83-104

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