The democratic specificity of the French banking co-operatives

La spécificité démocratique des coopératives bancaires françaises

Patrick Gianfaldoni (), Rémi Jardat () and David Hiez ()
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Patrick Gianfaldoni: LBNC - Laboratoire Biens, Normes, Contrats - AU - Avignon Université
Rémi Jardat: ISTEC - Institut supérieur des Sciences, Techniques et Economie Commerciales - ISTEC
David Hiez: Laboratoire de Droit Economique - uni.lu - Université du Luxembourg = University of Luxembourg = Universität Luxemburg

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Abstract: Do cooperative banks have specific democratic characters that distinguish them from capitalist companies ? The proposed multidisciplinary analysis is based on empirical investigations linked to published theoretical researchs. It enables to highlight the normative logics, which consolidate or hamper cooperative democracy, and question the efficiency and the effectiveness of democratic norms. Democratic specificity involves a triple rationality : legal, economic and social. However, the legal and economic evolution of cooperative banks pleads in favour of trivialization processes that tend to reduce or limit the application of cooperative principles. For all that, studying the democratic phenomenon in its complexity, the variety of corporate governance forms and co-operative membership structuration leads us to less categorical conclusions.

Keywords: Coopératives bancaires; France; Spécificité démocratique (search for similar items in EconPapers)
Date: 2012-11
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Published in La Revue des Sciences de Gestion, 2012, 258, pp.59-67. ⟨10.3917/rsg.258.0059⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-01322038

DOI: 10.3917/rsg.258.0059

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