Post-Mortem Isomorphism? Fagor’s Crisis Seen from a Comparative Perspective
From the theoretical framework of isomorphism, the aim of this paper is to know whether there is a convergence of management practices between cooperatives and capitalist companies in periods of crisis and failure. The originality of our work can be summarized in three points: an international comparative perspective in the industrial sector, a two-level study (financial dimension and human resources), and a broadening of traditional studies about failures to focus mostly on the post-crisis period. The conjunction of these elements shows indeed that Fagor Electrodomesticos was not a company just like the others.