This paper intends to use a conceptual paradigm to discuss the ambiguity of corporate governance while issuing shares to maintain their capital adequacy for European cooperative banks. It thus provides theoretical evidence for the arbitrage between stakeholder and shareholder control for these...

Purpose – This paper aims to analyze how the level of adherence to sustainable development principles has evolved and also how the integration of new “good” governing rules has evolved in conjunction with the formation and functioning of the boards of directors and their committees....