Category: Uncategorized

DEMOCRATIC GOVERNANCE Worker cooperatives are built on a framework of democracy, but this does workers little good unless the means to exercise rights and enjoy the protections this framework provides are in place – this is what an effective governance system does. The governance system primarily focuses on how a democratic firm’s policy is established,…

In a worker cooperative, a worker becomes a worker-owner, or member-owner, by purchasing a membership share. Membership shares are common shares that provide the highest voting rightswithin the company. Unlike in other companies, each worker-owner can only own one membership share. Whether you’re a new startup cooperative or a conventional business transitioning to a co-opmodel,…