Worker Cooperative: Difference between revisions
GoodRollin (talk | contribs) mNo edit summary |
GoodRollin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
=Worker Cooperative= | =Worker Cooperative= | ||
A worker cooperative is a cooperative owned and democratically controlled by its worker-owners. This control may be exercised in a number of ways. In "pure" forms of worker co-operative, all shares are held by the workforce with no outside or consumer owners, and each member has one voting share. In practice, control by worker-owners may be exercised through individual, collective or majority ownership by the workforce, or the retention of individual, collective or majority voting rights (exercised on a one-member one-vote basis). A worker cooperative, therefore, has the characteristic that the majority of its workforce own shares, and the majority of shares are owned by the workforce. | |||
==Additional Definitions== | |||
From JASecon: "Worker Cooperatives and Collectives are enterprises democratically controlled by their members. Structured in many different ways they are united by the principle of member control based on the co-op principle of “one member, one vote." Some adopt a consensus decision-making structure." | |||
(http://jasecon.wik.is/index.php?title=Production/Worker_Cooperatives_%26_Collectives) | |||
=Governance= | =Governance= | ||
| Line 16: | Line 19: | ||
[[Category:Cooperatives]] | [[Category:Cooperatives]] | ||
[[Category:Business]] | |||
[[Category:Governance]] | |||
[[Category:Peerproperty]] | |||
Revision as of 16:53, 15 July 2010
Worker Cooperative
A worker cooperative is a cooperative owned and democratically controlled by its worker-owners. This control may be exercised in a number of ways. In "pure" forms of worker co-operative, all shares are held by the workforce with no outside or consumer owners, and each member has one voting share. In practice, control by worker-owners may be exercised through individual, collective or majority ownership by the workforce, or the retention of individual, collective or majority voting rights (exercised on a one-member one-vote basis). A worker cooperative, therefore, has the characteristic that the majority of its workforce own shares, and the majority of shares are owned by the workforce.
Additional Definitions
From JASecon: "Worker Cooperatives and Collectives are enterprises democratically controlled by their members. Structured in many different ways they are united by the principle of member control based on the co-op principle of “one member, one vote." Some adopt a consensus decision-making structure." (http://jasecon.wik.is/index.php?title=Production/Worker_Cooperatives_%26_Collectives)
Governance
- Uk Cooperatives Workers' Cooperative Governance Principles