Mandatory social funds: The justification of its undistribility in the origin of the cooperative movement and the organized labor movement

DOI: https://doi.org/10.18543/baidc-53-2018pp289-307
Keywords: social funds, undistribility, cooperative movement, unionism

Abstract

The main characteristic of the Mandatory Reserve Fund and the Education and Promotion Fund is that they can not be distributed among cooperative members. Present research work analysis is focused on existing legislative precedents in relation to these mandatory social funds, while defining its main characteristics. Later, it is linked with the origin of the modern cooperative movement and the organized labor movement itself to explain the justification of its undistribility.

Received: 31 May 2018
Accepted: 10 October 2018
Published online: 21 December 2018

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Author Biography

Héctor Mata Diestro

Socio-trabajador y abogado en la Consultoría Primero de Mayo S. Coop. Pequeña (Bilbao). Doctorando en Derecho Económico y Derecho de la Empresa en la Universidad de Deusto. hmdiestro@gmail.com

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Published
2018-12-21
How to Cite
Mata Diestro, Héctor. 2018. “Mandatory Social Funds: The Justification of Its Undistribility in the Origin of the Cooperative Movement and the Organized Labor Movement”. International Association of Cooperative Law Journal, no. 53 (December), 289-307. https://doi.org/10.18543/baidc-53-2018pp289-307.
Issue
No. 53 (2018): Member economic participation
Section
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