Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain, founded in the town of Mondragon in 1956 by the priest José Maria Arizmendiarrieta and a group of his students at a technical college he had established. Operating across finance, industry, retail and knowledge, it is the leading business group in the Basque Country and governs itself according to the Statement on the Co-operative Identity maintained by the International Co-operative Alliance.
Facts
Company TypeCorporation and federation of worker cooperatives 1 Founded Year HeadquartersMondragon, Basque Country, Spain 1 Company Type
Company Type (category) FAQs
Do shareholders control Mondragon Corporation?
Capital does not confer voting rights at Mondragon; its stake in profit is limited and subordinate to labour.
No. Mondragon states that capital is a necessary resource but does not confer the right to vote, and that capital's stake in the profit is limited and subordinated to labour. The group describes itself as a cooperative association made up of self-governing cooperatives.
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Source Wikidata: Mondragon Corporation
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Source Wikipedia, Mondragon CorporationLead sentence 1tier 2Quote, Lead sentence 1
The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain.
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1. Wikipedia, Mondragon Corporation
Wikipedialead section, paragraph 1
The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain.
Lead section
The Mondragon Corporation is a corporation and federation of worker cooperatives based in the Basque region of Spain. It was founded in the town of Mondragón in 1956 by Father José María Arizmendiarrieta and a group of his students at a technical college he founded.
View the Source Wikidata: Mondragon Corporation
- Wikidata Q163327, class allow-list match (w-wdresolver-0926)
- Operates In: Financial Services Industry, Wikidata Q163327
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