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Financial Cooperatives: Network Integration Impact by Matias Fermín Valdez Irazabal is a document available to read on EtoBox.
This working paper analyzes the integration of financial cooperative systems across countries and its impact on performance, utilizing a transaction cost economics framework. It identifies three levels of integration—atomized systems, consensual networks, and strategic networks—and concludes that while integration is less significant in developing countries and smaller cooperatives, it generally reduces performance volatility and enhances governance. The findings are based on empirical tests conducted on an
- Author
- Matias Fermín Valdez Irazabal
- Language
- EN