This article reviews the causes of the crisis, explores the nature of financial intermediation, presents a set of reforms to overcome the deficiencies of the regulatory structure and examines the role of monetary policy in the current crisis. It concludes that it is essential to increase...

La crisis económica actual ha debilitado el tejido empresarial español reduciéndose el número de nuevas iniciativas empresariales que se ponen en marcha. Las Sociedades Laborales, no han sido ajenas a los efectos de la citada crisis, y por tanto, también han visto ralentizado el ritmo de...

The significant number of banking credits granted to the Argentinean firms during the period 1983-1991 makes it necessary to study the causes of this serious debt. This article analyses the weakness of the self-financing rate and the effect of external support, as well as the effects related...

In September 2007, a serious financial crisis became evident in the developed countries, due to serious mistakes in economic policy. Even against their own ideology, governments have not spared measures to reduce its effects, have failed to contain it, and it advances towards a global recession...

The aim of this paper is to present, in a comparative view, the results of the Survey: Corporate Social Responsibility (CSR) which was carried out by the Department of Economics (FCS-UDELAR) in 2006 to respondents older than 17 years and to private companies in the industry, commerce and...

Recently, questions related to Corporate Social Responsibility (CSR) have taken on greater importance. The European Commission defines CSR as a company’s contribution to sustainable development. In the area of European credit unions there are some very interesting examples of companies that...

In this paper we reflect on the role of cooperative societies with regard to the new paradigm of Corporate Social Responsibility (CSR), which is to guide business management in the 21st century. Cooperative societies are companies which, owing to their idiosyncratic nature, fit the model of CSR...

The emergence of the economy of knowledge has resulted in, among other consequences, the triumph of globalization and market liberalization, the primacy of the individual as a competitive critical factor and the crisis of the relevance of financial information, its comparability and reliability....

Recent concern regarding corporate social responsibility (CSR) has resulted in voluntary initiatives aimed at bringing companies closer to society, such as codes of conduct, reporting or environmental management systems. These voluntary initiatives present a number of flaws. Some authors and...

In this paper we intend to analyse the real application of the shareholders´ voting rights as a means to encourage social commitments among companies. Shareholders activism has succeeded in introducing corporate governance and corporate social responsibility in companies. The current framework...