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...

ver descrição completa

Detalhes bibliográficos
Autor principal: Fonteyne, Wim
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2007.
Colecção:IMF Working Papers; Working Paper ; No. 2007/159
Acesso em linha:Full text available on IMF