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LEVERAGING THE JOB OWNERSHIP STRUCTURE BY WORKER CO-OPERATIVES


 
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1. Title Title of document LEVERAGING THE JOB OWNERSHIP STRUCTURE BY WORKER CO-OPERATIVES
 
2. Creator Author's name, affiliation, country Joshua Wanjare; University of Nairobi, Kenya
 
3. Subject Discipline(s)
 
3. Subject Keyword(s) job ownership, ownership structure, worker co-operatives, democratic control
 
4. Description Abstract

This study examined the causal link between the job ownership structure and increased commitment and motivation in worker co-operatives. The separation of job ownership from management and the effective alignment of the interests of job managers and the owners have generated a lot of discussion in the past. Proponents of the agency theory have, on the one hand, recommend actions that maximize shareholders value. On the other hand, the adoption of sweeping statements of purpose by many business organizations, have led to the recommendation of the stakeholder and the stewardship theories as being the appropriate guides to corporate actions. However, given the complexities of modern business organizations where the expectations of the workers and job owners are increasingly getting blurred, reliance on these theories does not provide a satisfactory solution. Survey questionnaires were the main instrument for primary data collection in this study. Semi-structured follow-up interviews were also conducted to supplement the method. The research design included three phases of data collection and analysis. Phase one was a qualitative method of informal, semi-structured interviews while phase two was a quantitative survey, the findings of which were used to construct further semi-structured follow-up interviews with worker co-operative stakeholders. The study concluded that the job ownership structure adopted by worker co-operatives has resulted into increased commitment and motivation which has in turn lead to increased productivity and improved performance.

 

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5. Publisher Organizing agency, location Open Access Publishing Group
 
6. Contributor Sponsor(s)
 
7. Date (YYYY-MM-DD) 2017-09-13
 
8. Type Status & genre Peer-reviewed Article
 
8. Type Type
 
9. Format File format PDF, Academia.edu, Read the full article on Calameo
 
10. Identifier Uniform Resource Identifier https://oapub.org/soc/index.php/EJEFR/article/view/193
 
10. Identifier Digital Object Identifier (DOI) http://dx.doi.org/10.46827/ejefr.v0i0.193
 
11. Source Title; vol., no. (year) European Journal of Economic and Financial Research; Vol 2, No 2 (2017)
 
12. Language English=en en
 
13. Relation Supp. Files
 
14. Coverage Geo-spatial location, chronological period, research sample (gender, age, etc.)
 
15. Rights Copyright and permissions Copyright (c) 2018 Joshua Wanjare
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This work is licensed under a Creative Commons Attribution 4.0 International License.

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