IDEAS home Printed from
   My bibliography  Save this article

La banque à forme coopérative peut-elle soutenir durablement la compétition avec la banque SA?


  • Jean-Noël Ory

    () (Université de Metz)

  • Mireille Jaeger

    (Université de Nancy 2)

  • Emmanuelle Gurtner

    (Université de Nancy 2)


(VF)Alors que la littérature anglo-saxonne conclut majoritairement à l’inefficacité de la forme coopérative, la situation française semble faire figure d’exception. L’objectif du présent article est d'expliquer premièrement pourquoi la coopérative a pu être considérée comme une forme d’organisation inadaptée à l’environnement bancaire actuel (1). Deuxièmement, nous tenterons d’évaluer la portée et les limites théoriques de ces analyses et de mesurer l’efficacité des banques coopératives dans le cas français (2). Enfin, nous nous interrogerons sur la pérennité de leur stratégie de développement récente (3).(VA)The Anglo-american literature generally concludes that cooperative banks are inefficient and doomed to disappear. In France however, the situation seems quite different. We analyze why and how cooperative banks have been considered as inefficient (1). Then we focus on French cooperative banks and try to measure their efficiency and competitiveness (2). Last, we discuss whether recent changes in the emerging cooperative groups are compatible with their development strategy (3).

Suggested Citation

  • Jean-Noël Ory & Mireille Jaeger & Emmanuelle Gurtner, 2006. "La banque à forme coopérative peut-elle soutenir durablement la compétition avec la banque SA?," Revue Finance Contrôle Stratégie,, vol. 9(2), pages 121-157, June.
  • Handle: RePEc:dij:revfcs:v:9:y:2006:i:q2:p:121-157

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Hart, Oliver & Moore, John, 1990. "Property Rights and the Nature of the Firm," Journal of Political Economy, University of Chicago Press, vol. 98(6), pages 1119-1158, December.
    2. Fama, Eugene F & Jensen, Michael C, 1983. "Agency Problems and Residual Claims," Journal of Law and Economics, University of Chicago Press, vol. 26(2), pages 327-349, June.
    3. Berger, Allen N. & Mester, Loretta J., 1997. "Inside the black box: What explains differences in the efficiencies of financial institutions?," Journal of Banking & Finance, Elsevier, vol. 21(7), pages 895-947, July.
    4. repec:hrv:faseco:30747162 is not listed on IDEAS
    5. William R. Emmons & Frank A. Schmid, 2000. "Bank competition and concentration: do credit unions matter?," Review, Federal Reserve Bank of St. Louis, issue May, pages 29-42.
    6. Fama, Eugene F. & Jensen, Michael C., 1985. "Organizational forms and investment decisions," Journal of Financial Economics, Elsevier, vol. 14(1), pages 101-119, March.
    7. Henry Hansmann & Reinier Kraakman, 2000. "The End Of History For Corporate Law," Yale School of Management Working Papers ysm136, Yale School of Management, revised 01 Feb 2001.
    8. Rafael La Porta & Florencio Lopez-De-Silanes & Andrei Shleifer, 1999. "Corporate Ownership Around the World," Journal of Finance, American Finance Association, vol. 54(2), pages 471-517, April.
    9. J.Cook & S.Deakin & A.Hughes, 2001. "Mutuality and Corporate Governance: The Evolution of UK Building Societies Following Deregulation," Working Papers wp205, Centre for Business Research, University of Cambridge.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Simon Cornée, 2014. "Soft Information and Default Prediction in Cooperative and Social Banks," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 3(1), pages 89-103, June.
    2. Simon Cornée & Ariane Szafarz, 2014. "Vive la Différence: Social Banks and Reciprocity in the Credit Market," Journal of Business Ethics, Springer, vol. 125(3), pages 361-380, December.
    3. Hubert Tchakoute Tchuigoua, 2011. "Étude Comparative Des Performances Des Institutions De Microfinance D’Afrique Sub‐Saharienne Selon Leur Statut Légal," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 82(1), pages 63-76, March.
    4. Jean-Baptiste Cartier, 2012. "Entre opposition fondamentale et convergence contrainte, quel avenir pour la banque coopérative face à la banque SA ?," Post-Print halshs-00743735, HAL.
    5. Alexandre Pourchet & Andrée De Serres & Bernard De Montmorillon, 2014. "Une analyse néo-institutionnelle de l'évolution de la gouvernance et des activités métiers du Groupe Bancaire Coopératif en France," Post-Print hal-01457041, HAL.
    6. repec:dau:papers:123456789/13773 is not listed on IDEAS
    7. Yasmina Lemzeri, 2014. "Did the Extent of Hybridization Better Enable Cooperative Banking Groups to Face the Financial Crisis?," Journal of Entrepreneurial and Organizational Diversity, European Research Institute on Cooperative and Social Enterprises, vol. 3(1), pages 57-85, June.
    8. Barry, Thierno Amadou & Tacneng, Ruth, 2014. "The Impact of Governance and Institutional Quality on MFI Outreach and Financial Performance in Sub-Saharan Africa," World Development, Elsevier, vol. 58(C), pages 1-20.
    9. Jean-Baptiste Cartier, 2010. "Entre opposition fondamentale et convergence contrainte, quel avenir pour la banque mutualiste face à la banque SA ?," Post-Print halshs-00743737, HAL.

    More about this item


    banques coopératives; efficacité; performance; gouvernement d’entreprise; stratégie bancaire; architecture organisationnelle; cooperative and mutual banks; efficiency; performance; governance; strategy and organization; organizational architecture.;

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dij:revfcs:v:9:y:2006:i:q2:p:121-157. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Gérard Charreaux). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.