Michie, Jonathan; Llewellyn, David T. - In: Journal of Social Entrepreneurship 1 (2010) 1, pp. 146-170
<title>Abstract</title> There are three reasons for promoting mutual building societies: they are less prone than banks to pursue risky speculative activity; a mixed system produces a more stable financial sector; and a stronger mutual sector enhances competition within the financial system. The banking crisis...