Coco, Giuseppe; Ferri, Giovanni - In: International Journal of Sustainable Economy 2 (2010) 3, pp. 352-364
Focusing on shareholder value (SHV) maximising banks vs. stakeholder value (STV) maximising banks, we ask: Why do they … coexist? What does the recent crisis suggest for their respective sustainability? On the first, we conclude STVs – often … securitise originated loans on financial markets, OTD banks lowered their credit standards. Thus, the OTD model proved …