Conversion to PLC Status

Leigh Drake
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Leigh Drake: Loughborough University of Technology

Chapter 8 in The Building Society Industry in Transition, 1989, pp 233-269 from Palgrave Macmillan

Abstract: Abstract Building societies were given the power to abandon their mutual status and to convert into Public Limited Companies (plc’s) under the Building Societies Act 1986, although this power did not formally become available until January 1988.

Keywords: Balance Sheet; Building Society; Endowment Effect; Subordinate Debt; Public Limited Company (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09680-0_8

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DOI: 10.1007/978-1-349-09680-0_8

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