Sustainability | Free Full-Text | Cooperative Entrepreneurship Model for Sustainable Development

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The primary goal of this analysis is to contribute to the financial literature on cooperative entrepreneurship as a mannequin for sustainable growth, taking into consideration the particular alignment of the cooperative ideas (ICA) with the UN Sustainable Growth Objectives (SDGs). It presents new empirical proof from Spain, primarily based on Stakeholder Idea, concerning the variations between cooperatives (Coops) and Capitalist Companies (CFs) in relation to the distribution of financial worth between the completely different stakeholders. For this objective, panel information was analysed utilizing the Correlated Random Results method. The outcomes reveal that cooperative corporations generate worth for among the stakeholders analysed, particularly for his or her companions and collectors, however no important variations have been discovered with CFs when it comes to staff and the state. In each instances, it may be inferred that the interval analysed has influenced the outcomes, because it has been discovered that, first, cooperatives regulate wages downward moderately than dismiss staff throughout a recession, which is in step with earlier analysis, and second, that their tax contribution to the state is decrease as a result of they’re topic to a extra beneficial tax system in Spain.



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