Abstract

http://ssrn.com/abstract=242779
 
 

References (101)



 
 

Citations (23)



 


 



The Competitive Advantages of Stakeholder Mutuals


Shann Turnbull


International Institute for Self-Governance; Sustainable Money Working Group

September 20, 2000


Abstract:     
This paper compares the competitive advantages of stakeholder mutual firms with firms that are publicly traded, family or government owned. A stakeholder mutual is owned and by its employees, customers and suppliers. These strategic stakeholders can have greater knowledge and commitment to the business than investors. The efficiency and effectiveness of competition for control between stakeholders is compared with competition for control through the stock market in making a firm a competitive. The empowerment of stakeholder constituencies to directly participate in corporate governance is identified as a means for reducing the need for detailed prescriptive government regulation to protect stakeholders. The operating advantages, the flexibility and the competitiveness of a stakeholder mutual is compared with government or private ownership. Examples are used to support the analysis that stakeholder governance can provide a superior approach for increasing efficiency and equity while creating a building block to develop a participatory stakeholder democracy.

Number of Pages in PDF File: 39

JEL Classification: D890, G380, H190, K290, L200

working papers series


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Date posted: October 30, 2000  

Suggested Citation

Turnbull, Shann, The Competitive Advantages of Stakeholder Mutuals (September 20, 2000). Available at SSRN: http://ssrn.com/abstract=242779 or http://dx.doi.org/10.2139/ssrn.242779

Contact Information

Shann Turnbull (Contact Author)
International Institute for Self-Governance ( email )
PO Box 266 Woollahra
Cell: +61418222378
Sydney, New South Wales 1350
Australia
+61293278487 (Phone)
+61280655905 (Fax)
HOME PAGE: http://independent.academia.edu/ShannTurnbull/CurriculumVitae
SKYPE: shann.turnbull
Sustainable Money Working Group ( email )
Holyoake House
Hanover Street
Manchester, M60 0AS
United Kingdom
Feedback to SSRN


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References:  101
Citations:  23

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