TY  - JOUR
TI  - The Hybridization of Credit Co-Operatives in the Tradition of F.W. Raiffeisen: The Austrian Example
AB  - The legal purpose of credit co-operatives in Germany and Austria is to promote their members economically. However, legal restrictions prevent them from discriminating between members and non-members. Thus, they have difficulty generating economic benefits for their members. There are signs that they are gradually developing from being purely member-focused to somewhat third party-focused co-operatives striving for the common good. The question arises whether this hybridization is in the interest of their members. This article examines this question using quantitative data. The results indicate that members perceive activities geared toward the common good as enhancing their membership value and are applicable to credit co-operatives and credit unions that have difficulties providing economic benefits to their members, as is the case for Raiffeisen credit co-operatives in Europe.
DO  - https://doi.org/10.29173/cjnser.2020v11n2a359
SP  - 1
EP  - 12
UR  - https://anserj.ca/index.php/cjnser/article/view/359
PY  - 2020-01-01
JO  - Canadian Journal of Nonprofit and Social Economy Research
AU  - Rabong, Gregor 
AU  - Rößl, Dietmar 
ER -