IDEAS home Printed from https://ideas.repec.org/a/wly/complx/v2022y2022i1n7593811.html

Longitudinal Study of Credit Union Research: From Credit‐Provision to Cooperative Principles, the Urban Economy and Gender Issues

Author

Listed:
  • Carlos Gabriel Parrales Choez
  • María del Carmen Valls Martínez
  • Pedro Antonio Martín-Cervantes

Abstract

Credit unions are one of the most widely established corporate entities in the financial systems of most of the world’s nations. Their historical support to the financing needs of small savers, as well as their assimilation into the framework of contemporary microfinance, gives them an important specific weight in the economic‐financial literature of our time. In this sense, our research has carried out a systematic review of the main contributions (articles in scientific journals) focused on the area of credit unions over the period 1936–2020, using Scopus and WoS as bibliographic databases. In summary, the main countries, journals, authors, articles, and the main collaborative research networks at the level of authors or countries have been analyzed. In the same way, the implementation of strategic diagrams based on Callon’s procedure has facilitated the classification of the most important terms linked to financial cooperativism, which has served to detect future lines of research related to the terms (among others): asymmetric‐information, capital‐provision, cooperative‐principles, customer‐reduction, gender‐issues, neoinstitutionalism, poverty, and urban‐economy.

Suggested Citation

  • Carlos Gabriel Parrales Choez & María del Carmen Valls Martínez & Pedro Antonio Martín-Cervantes, 2022. "Longitudinal Study of Credit Union Research: From Credit‐Provision to Cooperative Principles, the Urban Economy and Gender Issues," Complexity, John Wiley & Sons, vol. 2022(1).
  • Handle: RePEc:wly:complx:v:2022:y:2022:i:1:n:7593811
    DOI: 10.1155/2022/7593811
    as

    Download full text from publisher

    File URL: https://doi.org/10.1155/2022/7593811
    Download Restriction: no

    File URL: https://libkey.io/10.1155/2022/7593811?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. repec:bla:pmomgt:v:27:y:2007:i:1:p:37-44 is not listed on IDEAS
    2. Neil Esho, 2000. "Scale Economies in Credit Unions: Accounting for Subsidies Is Important," Journal of Financial Services Research, Springer;Western Finance Association, vol. 18(1), pages 29-43, October.
    3. Aria, Massimo & Cuccurullo, Corrado, 2017. "bibliometrix: An R-tool for comprehensive science mapping analysis," Journal of Informetrics, Elsevier, vol. 11(4), pages 959-975.
    4. Donal G. McKillop & Anne-Marie Ward & John O. S. Wilson, 2007. "The Development of Credit Unions and Their Role in Tackling Financial Exclusion," Public Money & Management, Taylor & Francis Journals, vol. 27(1), pages 37-44, February.
    5. David M. Mathuva & Josephat K. Mboya & James B. McFie, 2017. "Achieving legitimacy through co-operative governance and social and environmental disclosure by credit unions in a developing country," Journal of Applied Accounting Research, Emerald Group Publishing Limited, vol. 18(2), pages 162-184, May.
    6. M.J. Cobo & A.G. López‐Herrera & E. Herrera‐Viedma & F. Herrera, 2012. "SciMAT: A new science mapping analysis software tool," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 63(8), pages 1609-1630, August.
    7. Keating, Barry & Keating, Maryann, 1975. "A managerial discretion theory of the nonprofit firm: An economic model of a credit union," Journal of Business Research, Elsevier, vol. 3(4), pages 345-354, October.
    8. Ludo Waltman & Nees Jan van Eck, 2012. "A new methodology for constructing a publication‐level classification system of science," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 63(12), pages 2378-2392, December.
    9. Derek Jones & Panu Kalmi, 2015. "Membership and Performance in Finnish Financial Cooperatives: A New View of Cooperatives?," Review of Social Economy, Taylor & Francis Journals, vol. 73(3), pages 283-309, September.
    10. Goddard, John & McKillop, Donal & Wilson, John O.S., 2008. "The diversification and financial performance of US credit unions," Journal of Banking & Finance, Elsevier, vol. 32(9), pages 1836-1849, September.
    11. Guinnane, Timothy W., 2003. "A “Friend and Advisor”: External Auditing and Confidence in Germany's Credit Cooperatives, 1889–1914," Business History Review, Cambridge University Press, vol. 77(2), pages 235-264, July.
    12. Yamori, Nobuyoshi & Harimaya, Kozo & Tomimura, Kei, 2017. "The efficiency of Japanese financial cooperatives: An application of parametric distance functions," Journal of Economics and Business, Elsevier, vol. 94(C), pages 43-53.
    13. Fried, Harold O. & Knox Lovell, C. A. & Eeckaut, Philippe Vanden, 1993. "Evaluating the performance of US credit unions," Journal of Banking & Finance, Elsevier, vol. 17(2-3), pages 251-265, April.
    14. Nees Jan van Eck & Ludo Waltman & Rommert Dekker & Jan van den Berg, 2010. "A comparison of two techniques for bibliometric mapping: Multidimensional scaling and VOS," Journal of the American Society for Information Science and Technology, Association for Information Science & Technology, vol. 61(12), pages 2405-2416, December.
    15. 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.
    16. Bauer, Keldon J. & Miles, Linda L. & Nishikawa, Takeshi, 2009. "The effect of mergers on credit union performance," Journal of Banking & Finance, Elsevier, vol. 33(12), pages 2267-2274, December.
    17. Ludo Waltman & Nees Jan Eck, 2012. "A new methodology for constructing a publication-level classification system of science," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 63(12), pages 2378-2392, December.
    18. Jones, Paul A., 2008. "From tackling poverty to achieving financial inclusion--The changing role of British credit unions in low income communities," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 37(6), pages 2141-2154, December.
    19. M.J. Cobo & A.G. López-Herrera & E. Herrera-Viedma & F. Herrera, 2012. "SciMAT: A new science mapping analysis software tool," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 63(8), pages 1609-1630, August.
    20. repec:eme:jaar00:jaar-12-2014-0128 is not listed on IDEAS
    21. van Eck, N.J.P. & Waltman, L., 2007. "Bibliometric Mapping of the Computational Intelligence Field," ERIM Report Series Research in Management ERS-2007-027-LIS, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam.
    22. Abhijit V. Banerjee & Timothy Besley & Timothy W. Guinnane, 1994. "Thy Neighbor's Keeper: The Design of a Credit Cooperative with Theory and a Test," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 109(2), pages 491-515.
    23. Murray, John D & White, Robert W, 1983. "Economies of Scale and Economies of Scope in Multiproduct Financial Institutions: A Study of British Columbia Credit Unions," Journal of Finance, American Finance Association, vol. 38(3), pages 887-902, June.
    24. Taylor, Ryland A., 1972. "The Demand for Credit Union Shares: A Cross-Sectional Analysis," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 7(3), pages 1749-1756, June.
    25. Black, Harold & Dugger, Robert H, 1981. "Credit Union Structure, Growth and Regulatory Problems," Journal of Finance, American Finance Association, vol. 36(2), pages 529-538, May.
    26. Ismael Rafols & Alan L. Porter & Loet Leydesdorff, 2010. "Science overlay maps: A new tool for research policy and library management," Journal of the Association for Information Science & Technology, Association for Information Science & Technology, vol. 61(9), pages 1871-1887, September.
    27. 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.
    28. Florian Amersdorffer & Gertrud Buchenrieder & Raushan Bokusheva & Axel Wolz, 2015. "Efficiency in microfinance: financial and social performance of agricultural credit cooperatives in Bulgaria," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 66(1), pages 57-65, January.
    29. Rochman Achwan, 2012. "The Fountain of Love Credit Union: A Vibrant Microfinance Institution in a Hostile Inter-Ethnic Society," Asian Case Research Journal (ACRJ), World Scientific Publishing Co. Pte. Ltd., vol. 16(01), pages 93-114.
    30. Nees Jan Eck & Ludo Waltman, 2010. "Software survey: VOSviewer, a computer program for bibliometric mapping," Scientometrics, Springer;Akadémiai Kiadó, vol. 84(2), pages 523-538, August.
    31. Ann-Marie Ward & Donal G. McKillop, 2005. "The Law of Proportionate Effect: The Growth of the UK Credit Union Movement at National and Regional Level," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 32(9-10), pages 1827-1859.
    32. Guinnane Timothy W., 1994. "A Failed Institutional Transplant: Raiffeisen's Credit Cooperatives in Ireland, 1894-1914," Explorations in Economic History, Elsevier, vol. 31(1), pages 38-61, January.
    33. Chateau, Jean-Pierre D., 1980. "The demand for and supply of deposits by credit unions : The Caisses populaires' case," Journal of Banking & Finance, Elsevier, vol. 4(2), pages 151-173, June.
    34. Charles Ferguson & Donal G Mckillop, 2000. "Classifying Credit Union Development in Terms of Mature, Transition and Nascent Industry Types," The Service Industries Journal, Taylor & Francis Journals, vol. 20(4), pages 103-120, October.
    35. Koot, Ronald S. & Walker, David A., 1980. "A statistical analysis of the impact of monetary policy on credit union lending," Journal of Banking & Finance, Elsevier, vol. 4(3), pages 301-311, September.
    36. Sol Shaviro, 1982. "A Critique of Consumer Cooperation: ‘Cheap Cheese’ or the Heavenly Kindgom as the Issue That Divides practical Cooperators from Utopians," American Journal of Economics and Sociology, Wiley Blackwell, vol. 41(1), pages 29-42, January.
    37. Thomas M. Fullerton & Esmeralda P. Muñiz, 2020. "Credit union loan rate determinants in the United States," Applied Economics, Taylor & Francis Journals, vol. 52(49), pages 5413-5425, October.
    38. Goenner, Cullen F, 2016. "The policy impact of new rules for loan participation on credit union returns," Journal of Banking & Finance, Elsevier, vol. 73(C), pages 198-210.
    39. Ann‐Marie Ward & Donal G. McKillop, 2005. "The Law of Proportionate Effect: The Growth of the UK Credit Union Movement at National and Regional Level," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 32(9‐10), pages 1827-1859, November.
    40. Koot, Ronald S, 1978. "On Economies of Scale in Credit Unions," Journal of Finance, American Finance Association, vol. 33(4), pages 1087-1094, September.
    41. E. C. Johnson, 1936. "Rural Cooperative Credit Unions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 18(4), pages 662-672.
    42. Glass, J. Colin & McKillop, Donal G. & Rasaratnam, Syamarlah, 2010. "Irish credit unions: Investigating performance determinants and the opportunity cost of regulatory compliance," Journal of Banking & Finance, Elsevier, vol. 34(1), pages 67-76, January.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Saulo Cardoso Maia & Gideon Carvalho Benedicto & José Willer Prado & David Alastair Robb & Oscar Neto Almeida Bispo & Mozar José Brito, 2019. "Mapping the literature on credit unions: a bibliometric investigation grounded in Scopus and Web of Science," Scientometrics, Springer;Akadémiai Kiadó, vol. 120(3), pages 929-960, September.
    2. Donal McKillop & John O.S. Wilson, 2011. "Credit Unions: A Theoretical and Empirical Overview," Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 20(3), pages 79-123, August.
    3. 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.
    4. Javier Gómez‐Biscarri & Germán López‐Espinosa & Andrés Mesa‐Toro, 2022. "Drivers of depositor discipline in credit unions," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 93(4), pages 849-885, December.
    5. Ahmadfard, Mohammadamin & Baniasadi, Ehsan, 2025. "Borehole thermal energy storage systems: A comprehensive review using bibliometric and qualitative tools," Applied Energy, Elsevier, vol. 387(C).
    6. McKillop, Donal & French, Declan & Quinn, Barry & Sobiech, Anna L. & Wilson, John O.S., 2020. "Cooperative financial institutions: A review of the literature," International Review of Financial Analysis, Elsevier, vol. 71(C).
    7. Fernando Zambrano Farias & María del Carmen Valls Martínez & Pedro Antonio Martín-Cervantes, 2021. "Explanatory Factors of Business Failure: Literature Review and Global Trends," Sustainability, MDPI, vol. 13(18), pages 1-26, September.
    8. Forliano, Canio & De Bernardi, Paola & Yahiaoui, Dorra, 2021. "Entrepreneurial universities: A bibliometric analysis within the business and management domains," Technological Forecasting and Social Change, Elsevier, vol. 165(C).
    9. Ying Huang & Wolfgang Glänzel & Lin Zhang, 2021. "Tracing the development of mapping knowledge domains," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(7), pages 6201-6224, July.
    10. Wheelock, David C. & Wilson, Paul W., 2013. "The evolution of cost-productivity and efficiency among US credit unions," Journal of Banking & Finance, Elsevier, vol. 37(1), pages 75-88.
    11. Eduardo Terán-Yépez & David Jiménez-Castillo & Manuel Sánchez-Pérez, 2021. "International opportunity recognition: A comprehensive bibliometric review," Journal of International Entrepreneurship, Springer, vol. 19(1), pages 18-52, March.
    12. Castillo-Vergara, Mauricio & Alvarez-Marin, Alejandro & Placencio-Hidalgo, Dario, 2018. "A bibliometric analysis of creativity in the field of business economics," Journal of Business Research, Elsevier, vol. 85(C), pages 1-9.
    13. Mario Fortin & André Leclerc & Claude Thivierge, 2000. "Économies d’échelle et de gamme dans les Caisses Desjardins," L'Actualité Economique, Société Canadienne de Science Economique, vol. 76(3), pages 393-421.
    14. Gomez-Biscarri, Javier & López-Espinosa, Germán & Mesa-Toro, Andrés, 2021. "The risk implications of the business loan activity in credit unions," Journal of Financial Stability, Elsevier, vol. 56(C).
    15. A. I. M. Jakaria Rahman & Raf Guns & Loet Leydesdorff & Tim C. E. Engels, 2016. "Measuring the match between evaluators and evaluees: cognitive distances between panel members and research groups at the journal level," Scientometrics, Springer;Akadémiai Kiadó, vol. 109(3), pages 1639-1663, December.
    16. María Pinto & Rosaura Fernández-Pascual & David Caballero-Mariscal & Dora Sales, 2020. "Information literacy trends in higher education (2006–2019): visualizing the emerging field of mobile information literacy," Scientometrics, Springer;Akadémiai Kiadó, vol. 124(2), pages 1479-1510, August.
    17. R. Raymond Sant & Stephen B. Carter, 2015. "Acquired Credit Unions: Drivers of Takeover," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(8), pages 18-33, August.
    18. Steven E. Kozlowski & M. Kabir Hassan & José Antonio Pérez-Amuedo & Michael R. Puleo, 2024. "Merger reasons and their impact: Evidence from the credit union industry," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 48(4), pages 1020-1052, December.
    19. Zhichao Wang & Valentin Zelenyuk, 2021. "Performance Analysis of Hospitals in Australia and its Peers: A Systematic Review," CEPA Working Papers Series WP012021, School of Economics, University of Queensland, Australia.
    20. Zamani, Mehdi & Yalcin, Haydar & Naeini, Ali Bonyadi & Zeba, Gordana & Daim, Tugrul U, 2022. "Developing metrics for emerging technologies: identification and assessment," Technological Forecasting and Social Change, Elsevier, vol. 176(C).

    More about this item

    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:wly:complx:v:2022:y:2022:i:1:n:7593811. 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.

    If CitEc recognized a bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://onlinelibrary.wiley.com/journal/8503 .

    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.