Corporate governance model in Spanish cooperatives

  • Irene Garrido Miguel Universidad de La Rioja
  • Idana Salazar Terreros Departamento de Economía y Empresa. Organización de empresas. Universidad de La Rioja.
  • Pilar Vargas Montoya Pilar Vargas Montoya: Departamento de Economía y Empresa. Organización de empresas. Universidad de La Rioja.
DOI: https://doi.org/10.5209/REVE.53251
Keywords: Cooperative firms, corporate governance, monistic model, dualistic model, CEO duality.

Abstract

The objective of this study is to analyze different governance models that cooperative firms may adopt. We describe the monistic and dualistic models and the different types that this latest model can present. Additionally, we analyzed the determinants of their choice between cooperative firms. We focus on size, age and activity of the cooperative. The empirical analysis is conducted with a sample of Spanish cooperative firms. Results show that the dualist model is mainly used in large and older cooperative firms, whose main activity is industry or services.

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Published
2016-11-03
How to Cite
Garrido Miguel I., Salazar Terreros I. y Vargas Montoya P. (2016). Corporate governance model in Spanish cooperatives. REVESCO. Revista de Estudios Cooperativos, 123, 94-113. https://doi.org/10.5209/REVE.53251
Issue
Vol. 123 (2017)
Section
Articles

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