Risk management in Lithuanian and Irish credit unions: Trends and impacts on credit union development

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dc.contributor.authorKaupelyte, Dalia
dc.contributor.authorMcCarthy, Olive
dc.date.accessioned2018-01-23T15:21:57Z
dc.date.available2018-01-23T15:21:57Z
dc.date.issued2006-10
dc.date.updated2018-01-23T15:09:45Z
dc.description.abstractThe aim of this article is to examine the Irish and Lithuanian credit union movements in terms of risk management and risk performance, and to discuss credit union risk regulation. Risk management in credit unions often closely relates to credit union development stages so that as credit unions mature, higher standards of risk management should be implemented. In some cases these changes are accompanied by shifts in the regulatory framework. A comparison of the situations in Lithuania and Ireland offers some interesting and sometimes unexpected contrasts in the levels of credit union regulation. Despite the comparatively advanced stage of development of the Irish movement, key aspects of risk regulation are considerably more lenient than in Lithuania, where the credit union movement is far smaller and less developed, yet at the same time, more tightly regulated. This comparison demonstrates that the regulatory regime is not always aligned with the stage of credit union development and may, indeed, reflect the economic policies of the country in which they operate.en
dc.description.abstractPart of Journal of Rural Co-Operation Vol 34 No. 2: A selection of articles presented at the XXI International Co-operatives Research Conference on The Contribution of Co-operatives to Community Culture, held at Centre for Co-operative Studies, University College Cork, Ireland (11-14 August 2005)en
dc.description.statusPeer revieweden
dc.description.versionAccepted Versionen
dc.format.mimetypeapplication/pdfen
dc.identifier.citationKaupelyte, D. and McCarthy, O. (2006) 'Risk management in Lithuanian and Irish credit unions: Trends and Impacts on Credit Union Development', Journal of Rural Co-Operation, 34 (2), pp.179-194.en
dc.identifier.endpage194en
dc.identifier.issn0377-7480
dc.identifier.issued2en
dc.identifier.journaltitleJournal of Rural Co-Operationen
dc.identifier.startpage179en
dc.identifier.urihttps://hdl.handle.net/10468/5318
dc.identifier.volume34en
dc.language.isoenen
dc.publisherHebrew University Magnes Pressen
dc.relation.urihttp://departments.agri.huji.ac.il/economics/en/jrc.htm
dc.rights© 2006 Center for Agricultural Economic Research (CAECR)en
dc.subjectCredit union movementen
dc.subjectIrish credit union movementen
dc.subjectLithuanian credit union movementen
dc.subjectRisk managagementen
dc.subjectCredit unionsen
dc.subjectRisk regulationen
dc.titleRisk management in Lithuanian and Irish credit unions: Trends and impacts on credit union developmenten
dc.typeArticle (preprint)en
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