This is the fifth volume in an annual series that is international in scope. Although its primary focus is economic, the volumes include analytical studies from related fields.

Part 1 Empirical advances: workers participation, employee ownership and productivity - results from French producer co-operatives, Saul Estrin and Derek C. Jones
the use of hired labour in Israeli worker co-operatives - 1933-1989, Raymond Russell and Robert Hanneman
employee ownership and worker participation - effects on absenteeism and quit rates, Patrick Michael Rooney
the Pepper report - profit sharing and employee sharing ownership in the European Community, Milica Uvalic. Part 2 Theoretical advances: allocative efficiency and discrimination in the labour managed firm, Ottorino Chillemi
transfer uncertainty and organizational choice, Thomas J. Miceli and Alanson P. Minkler
the optimum size of brigages, Hans Aage
an overlapping generations model of investment in labour managed firms, Michael A. Conte and Meng-Hua Ye
the size of the executive board of labour-managed firms, Nava Kahana and Jacob Paroush
altruism and co-operative survival - is altruism essential for the survival of the kibbutz?, Yehuda Don
equality and efficiency in the Moshav, David Bigman.