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The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities

dc.contributor.authorCabo, Paula
dc.contributor.authorMélian, Amparo
dc.contributor.authorRebelo, João
dc.date.accessioned2012-08-13T14:56:35Z
dc.date.available2012-08-13T14:56:35Z
dc.date.issued2009
dc.description.abstractThe literature recognizes that credit cooperatives are the “appropriate technology” for relatively backward economies, but should fade away or disappear altogether as economic development proceeds. However, surprisingly, they are among the fastest growing groups of financial institutions in some advanced economies. Though the credit cooperatives in Portugal and Spain present relatively small market shares, they perform a very important role in the rural economy. Over the last decades, the Iberian credit cooperatives have adopted a process of economic and financial restructuring, through an intensive wave of mergers and the creation of banking networks: Caja Rural Group, in Spain, and Crédito Agrícola Group, in Portugal. Despite that common path, the Iberian reality is still very different. In this paper we describe the historical roots of Portuguese and Spanish cooperative credit, focusing our analysis on the governance structure, especially on the issues arising from the strict application of traditional cooperative rules.por
dc.identifier.citationCabo, Paula; Mélian, Amparo; Rebelo, Joao (2009). The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities. Corporate Ownership & Control. ISSN 1727-9232. 6:3, p. 318-327
dc.identifier.issn1727-9232
dc.identifier.urihttp://hdl.handle.net/10198/7337
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherVirtus Interpresspor
dc.relation.publisherversionhttp://www.virtusinterpress.org/journals.htmlpor
dc.subjectGovernancepor
dc.subjectCredit cooperativespor
dc.subjectProperty rightspor
dc.titleThe governance structure of Portuguese and Spanish credit cooperatives: differences and similaritiespor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage327por
oaire.citation.issueVolume 6, Issue 3, Springpor
oaire.citation.startPage318por
oaire.citation.titleCorporate Ownership & Controlpor
oaire.citation.volumeCorporate Ownership & Control / Volume 6, Issue 3, Spring 2009 (Continued - 2)por
person.familyNameCabo
person.givenNamePaula
person.identifier.ciencia-id171A-E569-EAF4
person.identifier.orcid0000-0002-8462-7657
person.identifier.scopus-author-id41961021900
rcaap.rightsrestrictedAccesspor
rcaap.typearticlepor
relation.isAuthorOfPublicationb4ca54f0-de05-4d66-ba34-2643b19020d9
relation.isAuthorOfPublication.latestForDiscoveryb4ca54f0-de05-4d66-ba34-2643b19020d9

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