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The European Cooperative Statute, [91] which has been in force since 2006, permits worker cooperatives to be created by individuals or corporate bodies in different EU countries. It is a loose framework that devolves much detail to the national legislation of the country in which the European Cooperative Society (ECS) is registered.
Toggle Europe subsection. 2.1 France. 2.2 Spain. ... List of cooperatives; List of employee-owned companies; United States Federation of Worker Cooperatives; References
These are companies totally or significantly owned (directly or indirectly) by their employees. [1] Employee ownership takes different forms and one form may predominate in a particular country. For example, in the U.S. over 5,700 of the roughly 6,400 employee-owned companies have an Employee Stock Ownership Plan (ESOP). [2] An ESOP is an ...
Economics of participation is an umbrella term spanning the economic analysis of worker cooperatives, labor-managed firms, profit sharing, gain sharing, employee ownership, employee stock ownership plans, works councils, codetermination, and other mechanisms which employees use to participate in their firm's decision making and financial results.
A worker co-operative is a co-operative owned and democratically controlled by its employees. There are no outside- or consumer-owners in a worker co-operative. Only the workers own shares of the business. It is estimated that there are approximately 403 worker owned and controlled co-operatives in the United Kingdom.
Since the broad purpose of cooperatives is to offer different power structures than ordinary capitalist institutions (which are owned by profit-seekers that may or may not work at the firm), as well as to improve the economic and social life of workers and all who are involved beyond mere profit and creating products/services, there is much ...
Cooperatives Europe is the European regional office of the International Co-operative Alliance and acts for cooperative enterprises in Europe. Representing 83 member organisations from 33 European countries, [ 1 ] across all business sectors (data from 2014).
Co-founded in 1964 by Walter Hachborn and headquartered in St. Jacobs, Ontario, the chain is cooperatively owned by over 1000 independently owned member stores. Stocksy United (Stocksy) is a Canadian multi-stakeholder platform cooperative , selling stock photos and videos on behalf of its international membership of 1500+ artist contributors.