Cristina Di Stefano, Luciano Fratocchi, Antonio Picciotti
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Workers buyout cooperatives: A structured literature review and a research agenda
This article aims to present and discuss the results of a systematic literature review on workers buyout (WBO) cooperatives. More specifically the authors analyzed 44 documents, comprising 29 journal articles and 15 book chapters published up to December 2022 based on the ‘5Ws and 1H’ (who-what-where-when-why and how) questions. The findings show that the authors of these documents mostly focused on the definition of cooperatives, and the triggers of the operation, while stages of the decision-making and implementation process are rarely investigated, in particular those following the constitution of the WBO cooperative. Avenues for further research are then presented and discussed at the level of a single cooperative, country/market and policy maker. Lastly, the article provides a useful operational reference for implementing a WBO operation.
期刊介绍:
Economic and Industrial Democracy is an international peer reviewed journal that focuses on the study of initiatives designed to enhance the quality of working life through extending the democratic control of workers over the workplace and the economy. How those initiatives are affected by wider political, economic and technological factors are also of interest. Special emphasis is laid on international coverage of empirical material, including discussions of the social and economic conditions in various countries.