Co-operative Banking Networks in Europe: Models and Performance
Co-operative Banking Networks in Europe: Models and Performance
Co-operative Banking Networks in Europe: Models and Performance Federica Poli | English | PDF | 2019 | 421 Pages | ISBN : 3030216985 | 5.13 MB
Over the past 20 years, the increased dominance in banking of the shareholder ownership model, whose main purpose is to maximize financial returns for shareholders, has proved to be a toxic combination with the financial deregulation the sector has undergone, the creation of new financial instruments and the concomitant rising levels of debt. Despite the growing role of private limited-liability banks around the world, co-operative banking still offers a compelling alternative, especially in Europe where the roots of co-operative institutions date back to the nineteenth century.This book studies the characteristics of different co-operative…
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