29 January 2015
Ed Mayo, Secretary-General of Co-operatives UK, has been featured in the Huffington Post on the merits of co-operative ownership.
“First of all, different ownership patterns inject diversity into the business landscape. Markets that include owners other than just investors provide more choice to consumers, help prevent monopoly and provide room for innovation. Together with SMEs and family owned businesses, co-operatives help keep investor-owned businesses on their toes.”
In addition to the business diversity case, Mayo also notes that co-operatives bring benefits for employees, they give control and change employee incentives.
Read the full article at Huffington Post, It Might Not Be Sexy, But Ownership Matters, 28 January 2015