Workers' buyout: the Italian experience, 1986-2016

Salvatore Monni, Giulia Novelli (), Laura Pera () and Alessio Realini ()
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Giulia Novelli: Roma Tre University, Italy
Laura Pera: Roma Tre University, Italy
Alessio Realini: Roma Tre University, Italy

Entrepreneurship and Sustainability Issues, 2017, vol. 4, issue 4, 526-539

Abstract: Workers’ buyout (WBOs) are emerging during the present economic crisis as an alternative tool to maintain employment and production. In Italy, in the last thirty years, 258 cases have been recorded. What are their general characteristics? Why do WBOs develop and who are the main sponsors and financing tools? The present analysis aims at defining the phenomenon and the enabling environment. Moreover, primary sources collected from different actors will explain how WBOs have developed and thrived across Italy saving jobs and productive capacity.

Keywords: cooperatives; cooperative movement; worker cooperatives; employee participation; collective ownership (search for similar items in EconPapers)
JEL-codes: J54 J80 J83 P13 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ssi:jouesi:v:4:y:2017:i:4:p:526-539

DOI: 10.9770/jesi.2017.4.4(10)

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