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Appendix – a note on terminology

The Power of Customer-owned Banks

Johnston Birchall

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The comparative advantages of customer-owned banks

The Power of Customer-owned Banks

Johnston Birchall

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Conclusion

The Chinese Experience

Ding Chen

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Conclusion: a cooperative counter-narrative

The Power of Customer-owned Banks

Johnston Birchall

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Ding Chen

This important new book attempts to establish a fresh conceptual framework for the study of corporate governance by employing the new institutional economics of contract enforcement. This framework helps to clarify two critical issues including the role of law in financial development and whether there is an optimal corporate governance model that should be followed by countries attempting to develop their own stock markets.
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Customer-owned businesses – the wider picture

The Power of Customer-owned Banks

Johnston Birchall

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Ding Chen

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Ding Chen

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Johnston Birchall

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The evolution of cooperative banks

The Power of Customer-owned Banks

Johnston Birchall