Australian credit unions and the demutualization agenda
Annals of Public and Cooperative Economics | Published : 2007
There is a strong prospect of widespread demutualization occurring in the Australian credit union industry in coming years. This paper explains the reasons for this phenomenon, identifies some potentially undesirable social consequences, and examines the relative merits of alternative types of demutualization process. It identifies a number of principles which warrant reflection in the design of legislation addressing demutualization processes. © 2007 The Author Journal compilation © CIRIEC 2007.