A recognition of the Trentino research center’s international work Euricse has been admitted as observer to the UN Inter-Agency Task Force on Social and Solidarity Economy (TFSSE) founded in Geneva in 2013 to raise the visibility of the Social and… Read More
16-17 June 2016, Trento, Italy The 7th Euricse Workshop on Cooperative Finance and Sustainable Development, organized in collaboration with Federcasse (Italian Federation of Cooperative Credit Banks) and with the support of EACB (European Association of Co-operative Banks), will be held in Trento, Italy on June 16th and 17th, 2016, at the Faculty of Economics.Workshop Programme Read More
This report analyzes the impacts of the economic crisis on bank-business relationships in Italy from 2008 to 2014. It focuses on the change in credit, the consequences of the reduction in business financing, and the deterioration in the quality of bank loans. Read More
Social Enterprise between social impact and financial needsYiorgos Alexopoulos is researcher at the Agricultural University of Athens (Greece) and Senior Research Fellow at Euricse in the framework of the project “Research in Social Enterprise, its social impact and its financial needs”(RiSE GRIT). The project is awarded by a Marie Curie Action – Intra-European fellowships for Career Development (IEF), 7FP. Read More
The 7th Euricse Workshop on Cooperative Finance and Sustainable Development, organized in collaboration with Federcasse (Italian Federation of Cooperative Credit Banks) and with the support of EACB (European Association of Co-operative Banks), has taken place in Trento, Italy on June 16th and 17th, 2016, at the Faculty of Economics. Workshop Programme Read More
Starting with the mission of foundations of banking origin (FOBs), the result of the privatizations of Italy's public banks that began in 1990, this paper assesses the quality of the work of these entities, applying a model of analysis that considers their philanthropic activities, investment activities of resources derived from the total or partial divestment of holdings in former public banks (transferee banks), governance and transparency. Read More
This paper proposes an analysis the literature on the shift from stakeholder to shareholder finance behind the Great Financial Crisis (GFC). Traditional banks generally maximized stakeholder value (STV). But before the GFC also many of them started maximizing shareholder value (SHV). Read More
The paper addresses new regulatory measures for the EU financial system and was discussed by Carlo Borzaga, Euricse president; Romano Prodi, economist and former president of the European Commission and the Italian Council; Sir Partha Dasgupta, economist at Cambridge University and the London School of Economics; and Alessandro Azzi, president of Federcasse. Read More
Euricse (European Research Institute on Cooperative and Social Enterprises) announces that registration for the the Sixth Euricse international Workshop on Cooperative Finance and Sustainable Development is now open. The workshop, organized in collaboration with Federcasse (Italian Federation of Cooperative Credit Banks) and with the support of EACB (the European Association of Co-operative Banks), will be held in Trento, Italy on June 18th and 19th, 2015. Read More
The study analyzes the evolution of the cooperative credit system in the province of Trento over the last decade, focusing in particular on the conditions of competition, both between cooperative credit banks and other types of banks, and within the cooperative credit system itself. Read More
Using a stochastic frontier approach, in this paper we analyze the imposition of financial sustainability requirements on the traditional social mission of microfinance--reaching out to the poor. In addition, we ask whether the way ownership is organized and practiced affects the costs of microfinance delivery. Read More
Are cooperative banks at a turning point? Many changes that have occurred in the last years in the economic and social framework make this question quite actual. Read More