External Studies

Since promoting the cooperative banking business model is one of our missions, the EACB is supporting the research on cooperative banking by being a partner to researchers, or by publishing its own studies. Since 2013, we also stimulate the research with our Award for Young Researchers on Cooperative Banks.

Finance, distribution and the economic objectives of cooperative financial institutions - A. KHAFAGY

Because of information asymmetries, a financial sector dominated solely by profit‐maximizing financial intermediaries will increase income and wealth inequality as it gives preferential access to credit for high‐income agents, whereas a diversified inclusive financial sector with alternative models of...

20 November 2019

External Studies

Cooperative Leadership: Reflections on the Autonomy and Delineations of Delineations of a Cooperative and Value-based Leadership Style - V. SCHAFER

In the past, leadership principles for cooperatives have been discussed in a wide range of publications. Referring specifically to cooperative banks, some of these publications also attempted to define the respective leadership behaviour as “cooperative leadership”.

20 November 2019

External Studies

Specificities of the French Cooperative Banking Groups Facing the 2007-2012 Crisis - CAIRE, G., NIVOIX, S. & GLEMAIN, P.

In this paper, the authors compare the financial and associate membership data over the 2007-2012 period of the three French mutual and cooperative banking groups [Crédit agricole, Crédit mutuel, and BPCE (Banques populaires and Caisses d'épargne)] (see in the Appendix)...

6 March 2019

External Studies

Cooperative banks: What do we know about competition and risk preferences? - CLARK, E., MARE, D.S. & RADIC, N.

In the wake of the Global Financial Crisis the discussion on preventive regulatory policies has generally overlooked the role of different business models and goals. Credit institutions with mutual objectives are a case in point that is the object of...

6 March 2019

External Studies

Proportionality of Banking Regulation: Evidence from Germany - Dr. A. SCHENKEL

Dr. Andreas Schenkel is the winner of the 6th edition of the EACB Award (2018).

7 December 2018

External Studies

Peer Monitoring on internal capital markets? Empirical evidence from German cooperative banks - Dr. S. GÜNTHER

Market discipline or in the case of banks ‘Peer Monitoring’ is supposed to complete public supervisors in improving financial stability.

7 December 2018

External Studies

Democratic Governance Mechanisms in Cooperative Banks: A Reassessment - CATTURANI, I., GOGLIO, S. & STEFANCIC, M.

This paper considers the fact that it is not always clear whether cooperative banks’ members have the proper incentives to actively participate in making decisions that relate to bank strategies and policies.

16 September 2018

External Studies

New Cooperative Banking in Europe: Strategies for Adapting the Business Model Post Crisis - Editor M. MIGLIORELLI

This edited volume showcases how the European cooperative banks have continued to evolve amid a new competitive scenario that resulted from the Global Financial Crisis started in Europe in 2008.

4 September 2018

External Studies

Cooperative banks: The strength of impact factors on the cooperative value orientation and their effects on the behavior of cooperative members

This dissertation describes a study about the factors that influence the cooperative value orientation of the Board of Directors, Supervisory Board, Member Council and members of local cooperative banks.

16 October 2017

External Studies