IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v32y2012i4id95470.html

Alternative banking: Theory and evidence from Europe

Author

Listed:
  • Kurt Von Mettenheim

    (Professor at Escola de Administração de Empresas de São Paulo, Fundação Getulio Vargas.)

  • Olivier Butzbach

    (Lecturer, King’s College, London amd professor da University of Napoli II.)

Abstract

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. JEL Classification: G21.

Suggested Citation

  • Kurt Von Mettenheim & Olivier Butzbach, 2012. "Alternative banking: Theory and evidence from Europe," Brazilian Journal of Political Economy, Center of Political Economy, vol. 32(4), pages 580-596, October.
    • Handle: RePEc:ekm:repojs:v:32:y:2012:i:4:id:95470
    as

    Download full text from publisher

    File URL: https://periodicos.fgv.br/bjpe/article/view/95470
    File Function: Abstract page
    Download Restriction: no
    File URL: https://periodicos.fgv.br/bjpe/article/download/95470/88938
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    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:ekm:repojs:v:32:y:2012:i:4:id:95470. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cecília Heise (email available below). General contact details of provider: https://periodicos.fgv.br/bjpe .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.