th Euricse International Workshop Cooperative Finance and Sustainable Development Trento · 19-20 June 2014 · University of Trento Organized by In collaboration with With the support of L NA IO IS OV PR AM GR O PR Programme 18 June, Wednesday at Euricse 16.00 - 18.00 > Registration - Euricse 18.30 - 20.00 > Welcome cocktail - Euricse 19 June, Thursday Faculty of Law 08.30 - 09.15 Registration - Faculty of Law 09.15 - 09.30 Welcome and introduction Carlo Borzaga, University of Trento, Euricse Silvio Goglio, University of Trento 09.30 - 11.00 1st SESSION: Cooperative banks difference Chair: Stefano Di Colli, Federcasse • Tom Webb Co-operative performance accounting and reporting: accounting for the difference • Simon Cornée, Panu Kalmi, Ariane Szafarz Are social banks really different? • Hans Groeneveld, Anais Périlleux Is network the comparative advantage of cooperative finance to mitigate risks? 11.00 - 11.15 Coffee Break 11.00 - 13.20 2nd SESSION: Cooperative banks vs. financial crisis Chair: Giovanni Ferri, University Lumsa, Rome • Angelo Leogrande Cooperative banks vs. financial crisis: an application of the stv. vs. shv. debate • Massimo Arnone, Silvio Goglio Effects of the global crisis on the stability of Italian cooperative credit banks: a comparative analysis among the italian regions • Mitja Stefancic Performance of Italian Cooperative credit banks L NA IO IS OV PR AM GR O PR 12.45 - 13.45 Lunch Break 13.45 - 14.45 Key note speech Chair: Silvio Goglio, University of Trento • Udo Reifner, University of Trento Responsible financing • Detlev Hummel, University of Potsdam Member based and socially responsible institutions: what we learned for the stability of banking systems in Europe 14.45 - 16.15 3rd SESSION: Cooperative banks and social capital Chair: Yiorgos Alexopoulos, Euricse • Paolo Emilio Mistrulli, Valerio Vacca Social capital and the cost of credit in a crisis • Ivana Catturani, Panu Kalmi and Maria Lucia Stefani Social capital and the credit cooperative banks • Akis Kleanthous Cypriot Credit Union perceptions of membership engagement 16.15 - 16.30 Coffee Break 17.00 - 19.00 4th SESSION: Challenges and opportunities for cooperative banks Chair: Panu Kalmi, University of Vaasa • Manolis Tzouvelakas Social finance tools for cooperation and development: the cooperative banking sector as a potential pillar for impact investments in Greece • Yifat Solel The challenges of starting a cooperative bank: the israeli experience • Dominik Schätzle Basel III capital regulation and German Co-operative banks. An empirical analysis of the impacts 20.00 - 22.00 Dinner 20 June, Friday Faculty of Law 8.45 - 11.00 5th SESSION (invited): Regulation, efficacy and stability: challenges for the Italian BCCs Chair: Roberto Tamborini, University of Trento Discussants: Yiorgos Alexopoulos, Euricse Lucio Gobbi, University of Trento • Paolo Coccorese, Giovanni Ferri, Punziana Lacitignola, Juan Lopez Market Structure, Inner vs. Outer Competition: The Case of BCCs in Italy • Vincenzo D’Apice, Giovanni Ferri, Punziana Lacitignola Rating performance and bank business models: is there a reversal with the global crisis? • Edoardo Gaffeo, Massimo Molinari L NA IO IS OV PR AM GR O PR Macroprudential consolidation policy in interbank networks • Edoardo Gaffeo, Massimo Molinari Interbank operations among cooperative banks: a network approach 11.00 - 11.15 Coffee Break 11.15 - 12.45 6th SESSION: Cooperative finance in the world Chair: Detlev Hummel, University of Potsdam •S.Nakkiran A study on the effectiveness of credit provided by savings and credit cooperatives ( SACCOs ) in Ambo Town, Ethiopia • Hubert Patrice Zouatcham The notion of membership in credit union under business harmonized law in Africa (OBHLA): plea for a redefinition of the concept of a membership in financial cooperatives • Xavier Wilson Financial performance of Tier-II. Central cooperative banks in India Conclusions