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...

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Bibliografski detalji
Glavni autor: Fonteyne, Wim
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2007.
Serija:IMF Working Papers; Working Paper ; No. 2007/159
Online pristup:Full text available on IMF