Jeod Articles

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Conventional Consumer Cooperatives and Local Foods: A Case Study from Cape Breton, Canada

This paper examines cooperation and community development in the food sector. It explores how conventional consumer cooperatives located in Cape Breton, Nova Scotia, Canada support local producers as well as the role of their second-tier cooperative in hindering and facilitating this work. Fifteen interviews were conducted with managers and directors… Read More

Editorial: The Cooperative Advantage for Community Development

Empirical evidence has shown that cooperatives are diverse organizations that efficaciously address a plurality of socio-economic needs. Cooperative organizations are effective in provisioning for myriad life needs, and do so in more democratic and sustainable ways than investor-owned firms. Rooted in the unique principles and values that distinguish them from… Read More

Determinants and Consequences of On-the-job Relationships: an Empirical Analysis of Italian Social Cooperatives

This paper introduces an empirical investigation of on-the-job relationships by studying two facets of relationships, namely time spent in relationships with colleagues and clients and quality of relationships cultivated on the job. The analysis is carried out on a sample of organisations in the welfare sector. This sector is characterised… Read More

Creating Space for Communities: Social Enterprise and the Bright Side of Social Capital

In this work we provide an interpretative framework opposing two types of community models, one where community assets are used to pursue exclusive interests even at the detriment of wider social interests (the “community failure” model), and one based on relations that use assets to uncover and provide answers to… Read More

Facts and Stereotypes about Cooperative Banks: To Whom Do CBs Actually Lend?

Cooperative banks’ (CBs) customers have been traditionally described as small or medium firms with poor performance working at local level. Moreover, they are usually involved in tertiary sector of industry or in agriculture and are financed by several sources (i.e., not just banks). This paper attempts to verify whether the… Read More

Dante Cracogna, Antonio Fici, and Hagen Henrÿ (Eds.): International Handbook of Cooperative Law

The interesting volume by Cracogna, Fici and Henrÿ offers much more than the reader can normally expect from a Handbook. In addition to the very useful presentation of thirty-one national legislations on cooperatives (based on a predetermined model that facilitates the comparison), the Handbook offers an exhaustive comparative essay about… Read More

Optimal Interest Rates in Cooperative Banks with Non-member Customers

Previous attempts to understand the functioning of cooperative banks have often considered them as being similar to credit unions. However, we argue that credit unions are only a subset of cooperative financial institutions and the models used to describe their behavior cannot be generalized to all cooperative banks. Additionally, there… Read More

A Model for the Interest Margin of a Risk-neutral Bank. The Role of the Bank Orientation

This paper examines the impact of the bank orientation on classical banking business, distinguishing between shareholder and stakeholder banks, and analyzes the preconditions for positive social welfare effects from the existence of stakeholder banks. For this reason we develop a theoretical bank decision model based on the utility approach and… Read More

Investigating Management Turnover in Italian Cooperative Banks

Management turnover is a common tool for disciplining top managers both in corporations and in financial intermediaries. This paper examines the turnover of top managers in Italian banks. By applying a survival analysis to a dataset covering all Italian banks, the study tests the hypothesis that management turnover differs according… Read More

Loan Loss Provisioning and Relationship Banking in Italy: Practices and Empirical Evidence

A panel of Italian banks for the period 2006-2012 is used in this paper to examine LLP main determinants. Our analysis also focuses on the determinants of the sub-components of LLP, i.e. provisions associated to Bad Loans and Impaired Loans and Bad Loans and Impaired Loans Coverage Ratio. A specific… Read More