JEOD Vol. 3, Issue 1
Edited by Silvio Goglio (University of Trento; Euricse) and Yiorgos Alexopoulos (Agricultural University of Athens; Euricse)
Are cooperative banks at a turning point? Many changes that have occurred in the last years in the economic and social framework make this question quite actual. This special issue argues that the new reality created by the great financial crisis has fostered the development of cooperative banks —at least at the local level— and allowed them to re-establish and even strengthen trust towards the banking system in a period when this was strongly endangered. The crisis has also proved the soundness of many hypotheses expressed by researchers about the behavior of cooperative banks stemming from their governance, business model and specialization, which heavily rely on relationship-based retail banking.
The volume is available online at: www.jeodonline.com