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2 results

  • Chapter 8 - The Performance of Workers’ Cooperatives1

  • from Section 2 - Selected Core Issues of Cooperative Enterprise in a Historical Perspective
  • Edited by Patrizia Battilani, Università di Bologna, Harm G. Schröter, Universitetet i Bergen, Norway
  • Book:
    The Cooperative Business Movement, 1950 to the Present
    Published online:
    05 September 2012
    Print publication:
    27 August 2012, pp 195-221

  • Summary

    This chapter offers a historical survey of the four main co-op sectors such as agro-industry, retail trade, banking and insurance, discussing the comparative advantage of the cooperative form of enterprise in each sector and the different organizational forms developed. Cooperatives in agro-industry are by far the most numerous in the world, from the most advanced economies to the developing ones. When cooperative enterprises started to become better organized by the middle of the nineteenth century, only rural credit banks were developed in the agricultural sector, while cooperatives for land cultivation and, above all, food processing started to spread toward the end of the century. The chapter considers the missing sector and includes a few examples of successful industrial cooperatives which suggest that the conditions for success of cooperation in industry have been indeed quite exceptional during the second Industrial Revolution.

  • Corporate Diversity and the Provision of Financial Services

  • P. Guijarro, D. J. P. Hare
  • Journal:
    British Actuarial Journal / Volume 8 / Issue 4 / 01 October 2002
    Published online by Cambridge University Press:
    10 June 2011, pp. 643-684

  • The corporate landscape of United Kingdom financial services has changed considerably in the last fifteen years with virtually all the main players now shareholder-owned. The dominance of shareholder ownership may not last for ever and the pendulum could swing back to alternate structures. Should the actuarial profession look ahead and consider what, if anything, could be done to encourage diversity? This paper considers some of the issues involved and raises some questions for the profession to discuss.