Is there a Worker Co‐operative Finance Life Cycle? — An Exploratory Study

Abstract

The amount of finance required by co‐operatives subsequent to start‐up seems to be inconsistent with any rapid growth phase and symptomatic of steady growth. Their growth and development pattern can be described as Phase 1: Formation, Phase 2: Consolidation, and Phase 3: Maturity; a study of a sample of older co‐operatives would show “consolidation” as an extension of the gestation period and that industrial co‐operatives take longer to gestate.

Citation

Neale, C.W. and Field, T. (1985), "Is there a Worker Co‐operative Finance Life Cycle? — An Exploratory Study", Management Research News, Vol. 8 No. 4, pp. 9-17. https://doi.org/10.1108/eb027868