METTENHEIM, Kurt Von <br/><br/>
Alternative banking :  theory and evidence from Europe 

 - São Paulo :  Editora 34,  out./dez. 2012 
<br/><br/> Since financial liberalization in the 1980s, non-profit maximizing, stakeholder-oriented banks have outperformed private banks in Europe. This article draws on empirical research, banking theory ad theories of the firm to explain this apparent anomaly for neo-liberal policy and contemporary maket-based banking theory. The realization of competitive advantages by alternative banks (saving banks, cooperative banks and development banks) has significant implications for conceptions of bank change, regulation and political economy.  
<br/><br/><label>Subjects--Topical Terms: </label><br/>Sistema Financeiro<br/>Teoria Econômica<br/>Modelo de Gestão<br/>Regulação<br/>Europa