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

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Resumo:The 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.
Autores principais:Cabo, Paula
Outros Autores:Mélian, Amparo; Rebelo, João
Assunto:Credit cooperatives Governance Property rights
Ano:2006
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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author Cabo, Paula
author2 Mélian, Amparo
Rebelo, João
author2_role author
author
author_facet Cabo, Paula
Mélian, Amparo
Rebelo, João
author_role author
contributor_name_str_mv Biblioteca Digital do IPB
country_str PT
creators_json_str [{\"Person.name\":\"Cabo, Paula\",\"Person.identifier.orcid\":\"0000-0002-8462-7657\"},{\"Person.name\":\"Mélian, Amparo\"},{\"Person.name\":\"Rebelo, João\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Biblioteca Digital do IPB
datacite.creators.creator.creatorName.fl_str_mv Cabo, Paula
Mélian, Amparo
Rebelo, João
datacite.date.Accepted.fl_str_mv 2006-01-01T00:00:00Z
datacite.date.available.fl_str_mv 2011-07-20T14:20:41Z
datacite.date.embargoed.fl_str_mv 2011-07-20T14:20:41Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Credit cooperatives
Governance
Property rights
datacite.titles.title.fl_str_mv The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
dc.contributor.none.fl_str_mv Biblioteca Digital do IPB
dc.creator.none.fl_str_mv Cabo, Paula
Mélian, Amparo
Rebelo, João
dc.date.Accepted.fl_str_mv 2006-01-01T00:00:00Z
dc.date.available.fl_str_mv 2011-07-20T14:20:41Z
dc.date.embargoed.fl_str_mv 2011-07-20T14:20:41Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10198/5918
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Credit cooperatives
Governance
Property rights
dc.title.fl_str_mv The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_5794
description The 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.
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eu_rights_str_mv openAccess
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oai_identifier_str oai:bibliotecadigital.ipb.pt:10198/5918
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person_str_mv Cabo, Paula
Cabo, Paula
https://www.ciencia-id.pt/171A-E569-EAF4
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http://orcid.org/0000-0002-8462-7657
0000-0002-8462-7657
Mélian, Amparo
Rebelo, João
publishDate 2006
reponame_str Biblioteca Digital do IPB
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spelling engporThe 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.application/pdfporThe governance structure of Portuguese and Spanish credit cooperatives: differences and similaritiesPersonalCabo, PaulaDSpacehttp://dspace.org/items/b4ca54f0-de05-4d66-ba34-2643b19020d9DSpacehttp://dspace.org/items/b4ca54f0-de05-4d66-ba34-2643b19020d9CaboPaulaCiência IDhttps://www.ciencia-id.pt171A-E569-EAF4ORCIDhttp://orcid.org0000-0002-8462-7657Scopus Author IDhttps://www.scopus.com41961021900Mélian, AmparoRebelo, JoãoHostingInstitutionOrganizationalBiblioteca Digital do IPBe-mailmailto:dspace@ipb.ptdspace@ipb.pt2011-07-20T14:20:41Z20062006-01-01T00:00:00ZHandlehttp://hdl.handle.net/10198/5918http://purl.org/coar/access_right/c_abf2open accessCredit cooperativesGovernanceProperty rights882545 bytesother research producthttp://purl.org/coar/resource_type/c_5794conference paperhttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://bibliotecadigital.ipb.pt/bitstreams/40a2de58-0594-46a7-855b-738e651160c0/downloadICA XXII International Co-operatives Research ConferenceParis
spellingShingle The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
Cabo, Paula
Credit cooperatives
Governance
Property rights
subject.fl_str_mv Credit cooperatives
Governance
Property rights
title The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
title_full The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
title_fullStr The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
title_full_unstemmed The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
title_short The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
title_sort The governance structure of Portuguese and Spanish credit cooperatives: differences and similarities
topic Credit cooperatives
Governance
Property rights
topic_facet Credit cooperatives
Governance
Property rights
url http://hdl.handle.net/10198/5918
visible 1