The portuguese credit co-operative system: regulation, ownership and performance

Cabo, Paula; Rebelo, João

http://hdl.handle.net/10198/16761

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Authors

Cabo, Paula

Rebelo, João

Abstract(s)

Today, financial system enterprises operate in an environment full of global opportunities and threats; and in the sequence of corporate scandals and world financial crisis, the banking activity is constrained by ethical self-restraining as well as innovative regulations enforced by domestic and global governance institutions. The dual nature of credit cooperative is reflected by their formal and institutional solutions. They need to meet both banking and cooperative regulations, especially for those dedicated to relations between the two areas; hence, they result from considering their singularity and consistency. The aim of this paper is to provide an insight of the legal framework of Portuguese credit cooperative system, their governance model and its effects on these organizations performance.

Keywords

Credit cooperative Ownership Governance Banking regulation

URI

http://hdl.handle.net/10198/16761

Citation

Cabo, Paula; Rebelo, João (2014). The portuguese credit co-operative system: regulation, ownership and performance. In XXIV Jornadas Luso-Espanholas de Gestão Científica. Leiria. ISBN 978-972-8793-65-4