This paper summarizes some criticisms against the recent Italian reform that imposed that the largest cooperative banks must to be transformed in limited companies. The main are: better governance and business model of the mutual ownership, cooperative banks’ positive impact on system stability and their importance/resilience worldwide. It deepens the discussion, by analysing financial data of Italian banks from Mediobanca-R&S dataset and showing that limited company model is not better than cooperative one in terms of performance and risk; therefore, the 2015 reform doesn’t seem to be justified by the past empirical evidence.
|Titolo:||Quando il bue dice cornuto all'asino..ovvero la riforma delle banche popolari|
|Data di pubblicazione:||2015|
|Citazione:||Daniela, V. (2015). Quando il bue dice cornuto all'asino..ovvero la riforma delle banche popolari. ECONOMIA E POLITICA, 7(10).|
|Appare nelle tipologie:||1.1 Articolo in rivista|