Ashton, John K.; Letza, Stephen - In: Annals of Public and Cooperative Economics 74 (2003) 2, pp. 183-204
The study quantifies the differences in the level of return from investing in deposit (savings) accounts provided by depository institutions, which are either 'mutual' or 'proprietary'. It is shown that for most types of deposit accounts offered in the UK, mutual building societies provide...