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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Dettagli Bibliografici
Autore principale: Fonteyne, Wim
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2007.
Serie:IMF Working Papers; Working Paper ; No. 2007/159
Accesso online:Full text available on IMF