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Credit Union Governance and Survival of the Cooperative Form

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  • Kevin Davis

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  • Kevin Davis, 2001. "Credit Union Governance and Survival of the Cooperative Form," Journal of Financial Services Research, Springer;Western Finance Association, vol. 19(2), pages 197-210, April.
  • Handle: RePEc:kap:jfsres:v:19:y:2001:i:2:p:197-210
    DOI: 10.1023/A:1011115623180
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    References listed on IDEAS

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    1. Mayers, David & Smith, Clifford Jr., 1986. "Ownership structure and control : The mutualization of stock life insurance companies," Journal of Financial Economics, Elsevier, vol. 16(1), pages 73-98, May.
    2. Besley, Timothy & Coate, Stephen & Loury, Glenn, 1993. "The Economics of Rotating Savings and Credit Associations," American Economic Review, American Economic Association, vol. 83(4), pages 792-810, September.
    3. Rasmusen, Eric, 1988. "Mutual Banks and Stock Banks," Journal of Law and Economics, University of Chicago Press, vol. 31(2), pages 395-421, October.
    4. Smith, Donald J & Cargill, Thomas F & Meyer, Robert A, 1981. "An Economic Theory of a Credit Union," Journal of Finance, American Finance Association, vol. 36(2), pages 519-528, May.
    5. Hart, Oliver & Moore, John, 1996. "The Governance of Exchanges: Members' Cooperatives versus Outside Ownership," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 12(4), pages 53-69, Winter.
    6. Masulis, Ronald W., 1987. "Changes in ownership structure : Conversions of mutual savings and loans to stock charter," Journal of Financial Economics, Elsevier, vol. 18(1), pages 29-59, March.
    7. Kane, Edward J. & Hendershott, Robert, 1996. "The federal deposit insurance fund that didn't put a bite on U.S. taxpayers," Journal of Banking & Finance, Elsevier, vol. 20(8), pages 1305-1327, September.
    8. Smith, Donald J, 1984. "A Theoretic Framework for the Analysis of Credit Union Decision Making," Journal of Finance, American Finance Association, vol. 39(4), pages 1155-1168, September.
    9. William R. Emmons & Willi Mueller, 1997. "Conflict of interest between borrowers and lenders in credit co- operatives: the case of German co-operative banks," Working Papers 1997-009, Federal Reserve Bank of St. Louis.
    10. Miles, David K, 1994. "Economic Issues in the Regulation of Mutual Financial Firms: The Case of U.K. Building Societies," The Manchester School of Economic & Social Studies, University of Manchester, vol. 62(3), pages 227-250, September.
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    Cited by:

    1. David Hillier & Allan Hodgson & Peta Stevenson-Clarke & Suntharee Lhaopadchan, 2008. "Accounting Window Dressing and Template Regulation: A Case Study of the Australian Credit Union Industry," Journal of Business Ethics, Springer, vol. 83(3), pages 579-593, December.
    2. Paula CABO & João REBELO, 2014. "The Efficiency of the Portuguese Agricultural Credit Co-operatives Governance Model," CIRIEC Working Papers 1416, CIRIEC - Université de Liège.
    3. Pornsit Jiraporn & Pandej Chintrakarn & Jang-Chul Kim & Yixin Liu, 2013. "Exploring the Agency Cost of Debt: Evidence from the ISS Governance Standards," Journal of Financial Services Research, Springer;Western Finance Association, vol. 44(2), pages 205-227, October.
    4. MAREK HUDON & BENJAMIN HUYBRECHTS & Anaïs PÉRILLEUX & Marthe NYSSENS, 2017. "Understanding Cooperative Finance As A New Common," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 88(2), pages 155-177, June.
    5. Marek Hudon, 2006. "Subsidies and financial performances of the microfinance institutions: Does management matter?," Working Papers CEB 05-015.RS, ULB -- Universite Libre de Bruxelles.
    6. Brown, Christine & Davis, Kevin, 2009. "Capital management in mutual financial institutions," Journal of Banking & Finance, Elsevier, vol. 33(3), pages 443-455, March.
    7. Carow, Kenneth A. & Cox, Steven R. & Roden, Dianne M., 2009. "Demutualization: Determinants and consequences of the mutual holding company choice," Journal of Banking & Finance, Elsevier, vol. 33(8), pages 1454-1463, August.
    8. Forker, John & Ward, Anne Marie, 2012. "Prudence and financial self-regulation in credit unions in Northern Ireland," The British Accounting Review, Elsevier, vol. 44(4), pages 221-234.
    9. Pornsit Jiraporn & Pandej Chintrakarn & Yixin Liu, 2012. "Capital Structure, CEO Dominance, and Corporate Performance," Journal of Financial Services Research, Springer;Western Finance Association, vol. 42(3), pages 139-158, December.
    10. Pat McGregor, 2005. "Credit Unions and the Supply of Insurance to Low Income Households," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 76(3), pages 355-374, September.
    11. Lewis Evans & Graeme Guthrie, 2006. "A Dynamic Theory of Cooperatives: The Link between Efficiency and Valuation," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 162(2), pages 364-383, June.
    12. Kėdaitis Vytautas & Mikučionytė Žymantė & Baležentis Tomas & Valkauskas Romualdas, 2017. "Profit Efficiency in Lithuanian Credit Unions – A Dea Approach," Ekonomika (Economics), Sciendo, vol. 96(3), pages 90-101, January.
    13. Geoffrey Rubin & George Overstreet & Peter Beling & Kanshukan Rajaratnam, 2013. "A dynamic theory of the credit union," Annals of Operations Research, Springer, vol. 205(1), pages 29-53, May.
    14. Cabo, Paula & Rebelo, Joao, 2006. "Governance Control Mechanisms in Portuguese Agricultural Credit Cooperatives," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25338, International Association of Agricultural Economists.
    15. Kevin DAVIS, 2007. "Australian Credit Unions And The Demutualization Agenda," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 78(2), pages 277-300, June.
    16. Mr. Wim Fonteyne, 2007. "Cooperative Banks in Europe—Policy Issues," IMF Working Papers 2007/159, International Monetary Fund.
    17. Naaman, Christine & Magnan, Michel & Hammami, Ahmad & Yao, Li, 2021. "Credit unions vs. commercial banks, who takes more risk?," Research in International Business and Finance, Elsevier, vol. 55(C).
    18. Bauer, Keldon, 2008. "Detecting abnormal credit union performance," Journal of Banking & Finance, Elsevier, vol. 32(4), pages 573-586, April.
    19. Bellavite Pellegrini, Carlo & Pellegrini, Laura & Romelli, Davide, 2012. "Stabilità e efficienza delle Banche Popolari europee: L’evidenza empirica in Italia e Germania nel periodo 2006-2009 [Stability and efficiency of European Popular Banks: Empirical evidence in Italy," MPRA Paper 104658, University Library of Munich, Germany, revised 2012.

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