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This paper argues that the governance framework of cooperative banks may hamper raising capital, particularly at time of distress, complicating the bank resolut
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Sound corporate governance is essential for a well-functioning banking system and the integrity of financial markets. The paper discusses the corporate governan
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The aim of the paper is twofold. First of all, it highlights some weak points of the new reform of the Italian cooperative credit banks (i.e. the Law 08 April,
The Ecology of Organizational Founding in Regulated Industries
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