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The Portuguese agricultural credit cooperatives governance model

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Resumo:The Portuguese Agricultural Credit Cooperatives (ACC) play a significant role in the national banking system. At the present, they face the challenge of matching the application of the traditional cooperative rules (which leads to a resulting set of vaguely defined property rights) with being successful in an ever more strong and competitive banking sector. The main objective of this paper is to understand the Portuguese ACC governance model, focusing on the strategies used to ameliorate the decision and investment problems arising from the strict application of traditional cooperative rules. Contrary to most of their pairs, Portuguese ACC choose to focus their efforts on the cooperative activity and performance rather than on the cooperative rules it selves. Although that strategy proved to be financial fruitful, it drives Portuguese ACC to a growing conflict of interests and to an identity crisis
Autores principais:Cabo, Paula
Outros Autores:Rebelo, João
Assunto:Cooperatives Governance Property rights
Ano:2007
País:Portugal
Tipo de documento:comunicação em conferência
Tipo de acesso:acesso aberto
Instituição associada:Instituto Politécnico de Bragança
Idioma:inglês
Origem:Biblioteca Digital do IPB

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