The Economics of Organization Structure Changes: A Us Perspective on Demutualization

20 Pages Posted: 28 Nov 2004

See all articles by Fabio R. Chaddad

Fabio R. Chaddad

IBMEC

Michael L. Cook

University of Missouri at Columbia - Agricultural and Applied Economics

Abstract

The objective of this study is to contribute to the current debate on demutualization from a US perspective. We document waves of demutualization and review the empirical literature examining the economics of organizational structure changes that have occurred in the US savings and loan and insurance industries since the 1980s. Based on the review of the literature on the economics of conversions, we generate a set of general observations that might inform private and public policy perspectives on the future role of user owned and controlled organizations in market economies. In doing so, the paper may serve as a platform for further discussion among scholars, policymakers, practitioners, and cooperative leaders in their quest to understand and affect the ongoing process of demutualization.

Suggested Citation

Chaddad, Fabio R. and Cook, Michael L., The Economics of Organization Structure Changes: A Us Perspective on Demutualization. Available at SSRN: https://ssrn.com/abstract=618284

Fabio R. Chaddad (Contact Author)

IBMEC ( email )

Rua Maestro Cardim, 1170
Sao Paulo, SP 01323001
Brazil
55-11-45042311 (Phone)
55-11-45042315 (Fax)

HOME PAGE: http://www.ibmec.br

Michael L. Cook

University of Missouri at Columbia - Agricultural and Applied Economics ( email )

Columbia, MO 65211
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
45
Abstract Views
3,207
PlumX Metrics