Cooperative Banks in Europe-Policy Issues /
This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It points out that a cooperative is built around an intergenerational endowment without final owners, which creates particular governance challenges. Risks include the use of the endowme...
Auteur principal: | |
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Format: | Revue |
Langue: | English |
Publié: |
Washington, D.C. :
International Monetary Fund,
2007.
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Collection: | IMF Working Papers; Working Paper ;
No. 2007/159 |
Accès en ligne: | Full text available on IMF |