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- W3023345531 abstract "Abstract Stakeholder-based financial institutions (cooperative and savings banks) have a long tradition in the financial system of developed countries. The prevalent form of these entities differs across countries as a result of the different legis-lative reforms between the 1980s and the 1990s, but they still represent an important share in the banking sector of several countries. The transformation and innovation of the financial system have increased the competitive envi-ronment that these entities face posing important challenges for the future. Moreover, the financial crisis initiated in 2007 has increased the challenges that stakeholder-based banks face and has highlighted the need for regulatory reform with a particular focus on corporate governance and funding diversification issues. The current debate about these reforms is not new; some European countries have already applied some regulatory reforms presenting differ-ent approaches. Keywords: financial systems, saving banks, cooperative banks." @default.
- W3023345531 created "2020-05-13" @default.
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- W3023345531 date "2017-03-26" @default.
- W3023345531 modified "2023-10-18" @default.
- W3023345531 title "Cooperative and savings banks in Europe: nature, challenges and perspectives" @default.
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