Alternative banking: theory and evidence from Europe
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-...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Editora 34
2012-12-01
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Series: | Brazilian Journal of Political Economy |
Subjects: | |
Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572012000400003&lng=en&tlng=en |