Artigo científico
Alternative bankingtheory and evidence from Europe
Mettenheim, Kurt von; Butzbach, Olivier
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Resumo
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.
Ficha do documento
- Tipo
- Artigo científico
- Ano
- 2012
- Instituição
- Editora 34
- Fonte
- Repositório da FGV
- Idioma
- Inglês
- Acesso
- Acesso aberto
- Identificador
- oai:repositorio.fgv.br:10438/21774
- Temas
- Economia
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