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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Détails bibliographiques
Auteur principal: Gutierrez, Eva
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2008.
Collection:IMF Working Papers; Working Paper ; No. 2008/074
Accès en ligne:Full text available on IMF