World Cooperative Monitor 2013

The World Co-operative Monitor is a project designed to develop a ranking of the biggest co-operatives and mutual organizations worldwide based not only on turnover but also on social value. Read More

WP 59 | 13 Exploring the performance of social cooperatives during the economic crisis: the italian case

By developing a multiple factor analysis (MFA), this paper aims at deepening the understanding of the economic performance and the employment features of social cooperatives in 2008 (before the crisis) and 2011 (after the beginning of the crisis) in order to better understand how the employment and economic performances of such organisations have changed during the years of the economic crisis. Read More

WP 51 | 13 The performance of service cooperatives during the crisis: an analysis during 2009-2011

This research, conducted using the traditional method of financial statement indices, concerns the economic and financial performance achieved in the years 2009-2011 by 30 worker cooperatives in the service sector. The cooperatives investigated are medium-sized (turnover 30-50 million euros) and large (turnover over 50 million euros). The results obtained support the thesis that cooperatives exhibit strong resilience in the face of the economic crisis. Read More

WP 50 | 13 Impact of agricultural cooperatives on smallholders’ technical efficiency: evidence from Ethiopia

Using household survey data from Ethiopia, this paper evaluates the impact of agricultural cooperatives on smallholders’ technical efficiency. We utilize propensity score matching to compare the average difference in technical efficiency between cooperative farmers and similar independent farmers. The approach assumes exogenous cooperative formation and similar farm technology across households. Read More

WP 48 | 13 Mutualism and peer monitoring in Italian BCCs

This paper seeks, first, to measure the intensity of member relationships that connotes BCCs, highlighting their differences at the territorial and size levels and identifying their main determinants. Second, it aims to assess the role of peer monitoring on credit quality by empirically testing the effect of the degree of mutualism on the main indicators of riskiness. Read More

World Cooperative Monitor 2012

The World Co-operative Monitor is a project launched, with the scientific support of Euricse, by the International Co-operative Alliance (ICA). It is designed to develop a ranking of the biggest co-operatives and mutual organizations worldwide based not only on turnover but also on social value. Read More

WP 43 | 12 Do cooperative enterprises create social trust?

This paper contributes to the literature by carrying out the first empirical investigation into the role of different types of enterprises in the creation of social trust. Drawing on a unique dataset collected through the administration of a questionnaire to a representative sample of the population of the Italian Province of Trento in March 2011, we find that cooperatives are the only type of enterprise where the work environment fosters the social trust of workers. Read More