The Reform of Italian Cooperative Banks : Discussion of Proposals /

This paper argues that the governance framework of cooperative banks may hamper raising capital, particularly at time of distress, complicating the bank resolution process ?specially for large banks?and may not provide adequate incentives to control banks' management. Reforms should preserve th...

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Detalhes bibliográficos
Autor principal: Gutierrez, Eva
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2008.
coleção:IMF Working Papers; Working Paper ; No. 2008/074
Acesso em linha:Full text available on IMF