Resilience of the Cooperative Business Model in Times of Crisis

By J. Birchall, L. H. Ketilson. 2009

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The Potential of Co-Operatives during the Current Recession; Theorizing Comparative Advantage (2013, unknown): “…their costs by closing branches, co-operative banks in continental europe and building societies in the uK have resisted the trend (birchall and Hammond Ketilson 2009). similarly, retail co-ops in sweden and scotland have kept open loss-making stores in villages (birchall 2009), while in…”
REVISITING GLOBALIZATION CHALLENGES AND OPPORTUNITIES IN THE DEVELOPMENT OF COOPERATIVES (2017, background): “This is due, among other reasons, to the lower dependence of these organizations on the financial markets and the socialized nature of their capital, which has allowed them to experience less pressure in the financial crisis (Birchall and Ketilson 2009).”
Worker cooperatives as an organizational alternative: Challenges, achievements and promise in business governance and ownership (2014, background): “This has been the trend even in times of crisis, where the cooperatives have largely succeeded in preserving employment while also transforming a number of conventional firms in crisis (Birchall and Ketilson, 2009).”