The social value of multi-stakeholder cooperatives: the case of the CEFF system in Italy

Sacchetti, Silvia; Tortia, Ermanno

doi:10.4337/9781783472024.00025

Cited by 12 publications

(15 citation statements)

References 45 publications

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“…Multi-stakeholdership is therefore meant to reduce the production of negative externalities whilst producing positive externalities. This shows a high consistency with the cooperative principles promoting self-help, self-responsibility and mutuality, equity and the production of societal value (Sacchetti and Tortia 2014).…”

Section: Multi-stakeholder Governancesupporting

confidence: 57%

“…The multi-stakeholder cooperative is a particular case of Level 2 and 3 institutions. Multi-stakeholder governance is a form of heterarchical internalization of multiple stakeholders' interests and objectives (Sacchetti and Tortia 2014). This solution is common when the activities of cooperatives specifically address social needs, for example when providing social or environmental services.…”

Section: Multi-stakeholder Governancementioning

confidence: 99%

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The Extended Governance of Cooperative Firms: Inter-Firm Coordination and Consistency of Values

Sacchetti

Tortia

2015

Annals of Public and Cooperative Economics

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Cooperatives are characterised by mutual-benefit coordination mechanisms aimed at the fulfilment of members' welfare. The paper considers cooperative principles and suggests a layered framework that relates principles, governance choices, and related aims or values. The framework supports the interpretation of cooperative governance and can be extended to the interpretation of inter-firm relationships. To this end, we consider an extended notion of governance, whereby those who impact on strategic decision-making are not to be searched only within the internal governance bodies, typically the board of directors, the managers or the assembly, but also outside the cooperative, in the extended network of production relationships in which the organisation is embedded. We then analyse the features of production linkages and their potentials in the accomplishment of cooperative principles. We support our analysis with examples from European experiences.

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Section: Multi-stakeholder Governancesupporting

confidence: 57%

Section: Multi-stakeholder Governancementioning

confidence: 99%

The Extended Governance of Cooperative Firms: Inter-Firm Coordination and Consistency of Values

Sacchetti

Tortia

2015

Annals of Public and Cooperative Economics

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“…Specifically, during crisis, while the profit sector tends for its nature to use its market power to obtain extra profits and finance new investments, the non‐profit sector lays on its informal nature and on a more flexible management system to reduce endowments’ costs and improve adaptive strategies. The governance mechanism that seems more suitable to drive a successful non‐profit or cooperative organization is the multi‐stakeholdership (Sacchetti and Tortia ), a flat governance based on participation of patrons and members in the decision processes, promoting a higher level of individuals’ agency. This mechanism features those organizations that are collectively handled and opened to the inclusion of stakeholders.…”

Section: Discussionmentioning

confidence: 99%

“…Specifically, at organizational level a perfectly competitive market maximizes the impact of third sector activities in terms of social welfare, as profits are null by construction, at least in the long run. Moreover intrinsic motivated workers are not just willing to accept lower wages, but they can choose the non‐profit sector as a workplace for several reasons, including not economic ones: a flexible working place where people are highly involved in deliberation and decision processes gives individuals the opportunity to experience an entrepreneurial activity and valorises the recognition of multiple perspectives, inducing individuals to improve their competences and knowledge (Sacchetti and Tortia ). Involvement and participation activate positive effects: mastering of abilities, renewal and acquisition of competences; autonomy and relatedness in a group (Deci and Ryan ).…”

Section: Discussionmentioning

confidence: 99%

MATCHING PROFIT AND NON‐PROFIT NEEDS: HOW NPOs AND COOPERATIVES CONTRIBUTE TO GROWTH IN TIME OF CRISIS. A QUANTITATIVE APPROACH

Viganò

Salustri

2015

Ann Public Coop Econ

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We propose a microeconomic model aimed at describing, in a dual production process, the interaction between the formal and the informal sector. The adopted framework is characterized by the absence of information asymmetries. The latter assumption is motivated by the focus of the paper, which chooses a cooperative rather than a competitive interaction between the for-profit and not for profit sectors, as the non-profit sector offers services which enable and increase the labour productivity of the workers employed in the for profit sector. Specifically, the non-profit industry can lower the monetary costs of labour by paying a share of wages and dividends in real terms. As a result, at aggregate level, consumption expenditure decreases proportionally to the share of goods and services that are not bought on the market. In this scenario the non-profit sector can play an important role in elaborating a way out of the crisis, by: i) reducing the income inequality between the employed and the unemployed, ii) lowering labour costs, and iii) endowing workers with an alternative source of employment. The theoretical analysis, complemented by empirical evidence built on Italian data collected for the period 2005-2012, shows that the model is not yet applicable in the Italian context as the non-profit industry is growing, but it is still inadequate in size to complement the activities of the for profit sector. However, we claim that Italy should elaborate a way out of the crisis by empowering the Third Sector, and, more in general, a 'good informal economy' made of non-profit institutions. CIRIEC recueillies durant la période 2005-2012, montre que le modèle n'est pas encore applicable dans le contexte italien car le secteurà but non lucratif croît mais n'a pas encore atteint de dimension suffisante pour compléter les activités du secteurà but lucratif. Cependant, les auteurs affirment que l'Italie devrait trouver une issueà la crise en donnant procuration au Tiers Secteur et, plus généralement,à un bon secteuréconomique informel composé d'organisations sans but lucratif.

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“…Here the service users have the right to be part of the assembly of members and represented in the governance structure along with all the other main stakeholders: workers, volunteers, carers, other legal entities such as co-operatives and financial members. Multistakeholding requires specific governance solutions and has implications for governance costs (Sacchetti and Tortia, 2014). At the same time, however, it enables the inclusion of a plurality of interests which can lower the costs of coordinating transactions on the market (borne by the internal patrons), but also the external costs associated with the exclusion of stakeholders from the governance process (borne by excluded stakeholders) (Borzaga and Sacchetti, 2015).…”

Section: The Italian Model Of Social Co-operativesmentioning

confidence: 99%

The Comparative Advantages of Single and Multi-Stakeholder Cooperatives

Birchall

Sacchetti

2017

SSRN Journal

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The International Co-operative Alliance Committee on Co-operative Research global research conference will take place in Stirling, Scotland from June 20th to June 23 rd 2017. The University of Stirling will host the conference and we are now calling for papers. Conference ThemeThe conference theme is to explore the role and potential of co-operatives as inclusive, collaborative and responsible businesses. The goal is to consider these issues in theory, policy and practice -connecting the contribution that theory can make to better co-operative practice, and that co-operative practice can make to better theory. Some are sceptical about these connections, as demonstrated in the old adage: "In theory there is no difference between theory and practice. In practice there is". Others are more optimistic, ascribing to Kurt Lewin's view that 'there is nothing so practical as a good theory ' (Lewin, 1952).Often theoretical ideas and debates are better understood when located in the historical and empirical contexts and conditions that generate them -that shape what issues and problems are identified, how they are identified, how solutions to them are sought, and by whom. In this sense, it is important to work in both directions, from theory to policy and practice, and from practice and policy to theory. This conference seeks to provide space in which to explore and ensure a deeper understanding of such links, and to discuss how academics, co-operative institutions and policy makers may learn from one another.A wide range of co-operative types and models in various stages of development and sophistication exist in both traditional and emerging fields. Researchers, policy makers, practitioners and students of co-operatives, social enterprise and social economy from all countries and co-operative sectors are welcome to present their research and share their knowledge in order to inform policy making and support enhancements in both theory and practice, considering the real-world constraints and opportunities that co-operative organisations face. Call for Papers and Session ProposalsWe hereby invite submissions for paper and session proposals. Theoretical and applied presentations are welcome from all co-operative areas. The conference will address, but is not limited to, the following research areas: ` Submission of Your ProposalWe invite practitioners, researchers, and policy makers in the co-operative and social and solidarity economy to submit an abstract no longer than 400 words on the above topics, or other topics related to co-operative studies. Abstracts should follow this format:-Title of paper -Names and affiliations of all contributors -Main theme/objective of the paper -Methodological and/or Conceptual approach -Key findings/conclusions -Bibliography (max. 4 sources) -(Up to) Four 'Keywords' -Contact details for corresponding author Papers and Posters:Abstracts may be submitted from Tuesday 25 th October 2016. Abstracts should be submitted by email to Richard Simmons at: ICA2017@stir.ac.uk. The e-mail subject ar...

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The social value of multi-stakeholder cooperatives: the case of the CEFF system in Italy

Cited by 12 publications

References 45 publications

The Extended Governance of Cooperative Firms: Inter-Firm Coordination and Consistency of Values

The Extended Governance of Cooperative Firms: Inter-Firm Coordination and Consistency of Values

MATCHING PROFIT AND NON‐PROFIT NEEDS: HOW NPOs AND COOPERATIVES CONTRIBUTE TO GROWTH IN TIME OF CRISIS. A QUANTITATIVE APPROACH

The Comparative Advantages of Single and Multi-Stakeholder Cooperatives

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