Revista de Economia Política | |
Alternative banking: theory and evidence from Europe | |
Kurt Von Mettenheim2  Olivier Butzbach1  | |
[1] ,Fundação Getulio Vargas Escola de Administração de Empresas de São Paulo | |
关键词: cooperative banks; savings banks; development banks; banking theory; banking systems; bank performance; bank ownership; | |
DOI : 10.1590/S0101-31572012000400003 | |
来源: SciELO | |
【 摘 要 】
Since financial liberalization in the 1980s, non-profit maximizing, stakeholder-oriented banks have outperformed private banks in Europe. This article draws on empirical research, banking theory and theories of the firm to explain this apparent anomaly for neo-liberal policy and contemporary market-based banking theory. The realization of competitive advantages by alternative banks (savings banks, cooperative banks and development banks) has significant implications for conceptions of bank change, regulation and political economy.
【 授权许可】
CC BY
All the contents of this journal, except where otherwise noted, is licensed under a Creative Commons Attribution License
【 预 览 】
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RO202005130082273ZK.pdf | 100KB | download |