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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Библиографические подробности
Главный автор: Gutierrez, Eva
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2008.
Серии:IMF Working Papers; Working Paper ; No. 2008/074
Online-ссылка:Full text available on IMF