Employee ownership in Spain: worker cooperatives and sociedades laborales
Journal of Participation and Employee Ownership
ISSN: 2514-7641
Article publication date: 25 July 2023
Issue publication date: 10 October 2023
Abstract
Purpose
The aim of this paper is to describe the main characteristics of het two most recognised models in Spain: worker cooperatives and worker-owned companies (Sociedades Laborales).
Design/methodology/approach
To this end, a review will be carried out of the main factors from the regulatory and financial framework and the support structures of these organisations model.
Findings
The main findings are the constant decrease in the number of SSLL over the past ten years and a certain decrease in the number of worker cooperatives. Some of the reasons put forward for this decline are the lack of effective favourable tax treatment; the establishment of more favourable measures for capitalist companies; the change of the single payment of unemployment benefits; the lack of knowledge and training professionals and politicians.
Originality/value
The main contribution of this paper is to provide a recent analysis of the regulatory changes and developments in the field of worker cooperatives and worker-owned companies in Spain.
Keywords
Acknowledgements
The author thanks Niels Mygind and two anonymous reviewers for helpful comments on this paper. The author would like to thank the Government of Aragon for the funding received through the research group GESES-University of Zaragoza (S28_23R).
Citation
Marcuello, C. (2023), "Employee ownership in Spain: worker cooperatives and
Publisher
:Emerald Publishing Limited
Copyright © 2023, Emerald Publishing Limited