A property rights regime covers rights to use, lease, donate, bequest, and sell assets or collect the incomes generated by assets. A clear and transparent property rights regime facilitates investment and economic growth. While private property is...
by Laixiang Sun There is a widespread belief that the only efficient ownership structure for a market economy is one in which firms are owned by...
Part of Journal Special Issue WIDER Symposium on Adaptive Efficiency and Evolving Diversity of Enterprise Ownership and Governance
Increased equity participation by employees has attracted substantial interest for its potential to affect both economic outcomes (e.g., worker and firm performance) and social outcomes (e.g., wealth and income inequality). This paper summarizes the...
This paper examines strategies developed by Mondragón Co-operative Corporation in the Basque Region of Spain, and La Lega co-operative network in Italy, to mitigate disadvantages of the typical co-operative organizational structure and market...
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