This seems like a potentially fruitful contact. I've invited him to
participate in the wiki, and am interested to find out if anyone can
track down copies of this journal

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=26238

Stakeholder Cooperation

Shann Turnbull
International Institute for Self-Governance

Journal of Cooperative Studies, Vol. 29, No. 3, pp. 18-52, 1997

Abstract:     
Some of the most successful businesses in the world involve employees,
customers and suppliers in their control. This paper describes why this
is so and how stakeholder governance could be introduced into English
speaking countries. The competitive advantages of establishing
co-operative relationships with stakeholders are illustrated by
analyzing a Japanese Keiretsu and the stakeholder co-operatives found
around the Spanish town of Mondragon. These are shown to share common
features in their information and control architecture, which are also
shared by all living things, which depend upon obtaining feedback
information from their environment to exist. Elements of information
theory, which is used to design self-regulating devices, are introduced
to indicate how firms could be designed to mimic life forms to become
self-regulating. Besides introducing competitive advantages, this would
minimize both the internal and external costs of regulation. The paper
recommends that governments provide leadership in introducing
competitive self-regulation using the strategy proposed by the U.S. Vice
President. The result would be to create a "Stakeholder Economy."

JEL Classifications: G3, K2, L2
Accepted Paper Series

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