Accommodation of the credit cooperative to the framework of coporate governance of the entities of credit

Authors

  • Manuel Botana Agra Catedrático de Derecho Mercantil. Universidade de Santiago de Compostela

Keywords:

Credit Co-operative, Corporate Governance, Co-operative Identity

Abstract

The crisis that began in 2007-2008 revealed deficiencies in the Corporate Governance of the credit institutions. This event has led to a legal reform in this area. This article analize the some corporate governance issues in the Credit Co- operatives. In this context the approach is speciality based on the remuneration system for executives and foresighted measures aimed at controlling risk taking. In other respect, the credit Co-operative have been facing for some time the problem of compatibilising the essential principals wich insoire the co-operativ organizations with the demands of ever more complex and competitive markets (the Co-operative Identity).

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Published

2020-12-18

Issue

Section

Doutrina