Copy the page URI to the clipboard
Basterretxea, Imanol; Cornforth, Chris and Heras-Saizarbitoria, Inaki
(2022).
DOI: https://doi.org/10.1177/0143831X19899474
Abstract
The article analyses governance difficulties at Fagor Electrodomésticos, for decades the world’s largest industrial cooperative, and sheds light on how the cooperative model and governance might have contributed to the firm’s bankruptcy. The case study examines how the cooperative model influenced the speed and quality of decision making. The roles of the main cooperative governing bodies (the General Assembly, Governing Council and Social Council) are evaluated and their limitations to effectively supervise and work with management to make difficult strategic decisions. Several governance improvement measures are proposed in order to help other large cooperatives combine democratic control and economically sound governance.
Viewing alternatives
Download history
Metrics
Public Attention
Altmetrics from AltmetricNumber of Citations
Citations from DimensionsItem Actions
Export
About
- Item ORO ID
- 69303
- Item Type
- Journal Item
- ISSN
- 0143-831X
- Project Funding Details
-
Funded Project Name Project ID Funding Body Not Set GIU-15/08 University of the Basque Country Grupos de investigación del sistema universitario vasco GIC12/158–IT763/13 Basque Autonomous Government - Keywords
- Cooperatives; cooperative degeneration; governance; Mondragon; organisational failure
- Academic Unit or School
- Faculty of Business and Law (FBL)
- Copyright Holders
- © 2020 The Author(s)
- Depositing User
- Chris Cornforth