The Credit Co-operatives Governance: legal and moral commitments. Cooperative governance: innovations and challenges

It has been shown in the last years that corporate governance is crucial for organizations and is an instrument that can be used to mitigate the effects of future financial and economical crisis. The legal regulations... [ view full abstract ]

It has been shown in the last years that corporate governance is crucial for organizations and is an instrument that can be used to mitigate the effects of future financial and economical crisis. The legal regulations introduced, the increase in shareholder activism as well as the demand of transparency have made organizations emphasize on the use of good governance and compliance codes based on ethics and responsibility. These codes are the principles of credit unions and main objectives searched by them. However, there is still a need for this corporate culture to be legally and morally inserted in the DNA of these institutions. This paper provides an objective but also critical view to some aspects of corporate governance and refers to related issues such as the gender in governing corporate bodies.