Abstract
| Original language | English |
|---|---|
| Pages (from-to) | 105S-123S |
| Number of pages | 19 |
| Journal | Non-Profit and Voluntary Sector Quarterly |
| Volume | 43 |
| Issue number | S2 |
| Early online date | 13 Sep 2013 |
| DOIs | |
| Publication status | Published - Apr 2014 |
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Keywords
- Sustainability
- Association
- credit union
- crowding-out
- Management models
- membership mutual benefit association
Cite this
Management models and priorities in member associations : Is credit unions' community involvement crowded-out? / Forker, John; Grosvold, Johanne; Ward, Anne Marie.
In: Non-Profit and Voluntary Sector Quarterly , Vol. 43, No. S2, 04.2014, p. 105S-123S.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - Management models and priorities in member associations
T2 - Is credit unions' community involvement crowded-out?
AU - Forker, John
AU - Grosvold, Johanne
AU - Ward, Anne Marie
PY - 2014/4
Y1 - 2014/4
N2 - Credit unions are membership-based cooperative financial services organizations that are run by and for their members. Historically, credit unions provided financial services for their members and encouraged community development through philanthropy and volunteering. The World Council of Credit Unions (WOCCU), the sector’s global trade association and development agency, encourages the adoption of a management model, coined “new model,” which encourages for-profit financial management practices. The “new model” approach is challenged by some practitioners and academics concerned that it will diminish the community involvement of credit unions. We explore the following research question: “Does the implementation of a management model that promotes for-profit-style financial management crowd out the community impact of credit unions?” We use a dataset extracted from 2,275 annual returns for 188 credit unions spanning 1996-2008, and find no evidence that community impact diminishes as a result of “new model” operating practices, suggesting a crowding-out effect is absent.
AB - Credit unions are membership-based cooperative financial services organizations that are run by and for their members. Historically, credit unions provided financial services for their members and encouraged community development through philanthropy and volunteering. The World Council of Credit Unions (WOCCU), the sector’s global trade association and development agency, encourages the adoption of a management model, coined “new model,” which encourages for-profit financial management practices. The “new model” approach is challenged by some practitioners and academics concerned that it will diminish the community involvement of credit unions. We explore the following research question: “Does the implementation of a management model that promotes for-profit-style financial management crowd out the community impact of credit unions?” We use a dataset extracted from 2,275 annual returns for 188 credit unions spanning 1996-2008, and find no evidence that community impact diminishes as a result of “new model” operating practices, suggesting a crowding-out effect is absent.
KW - Sustainability
KW - Association
KW - credit union
KW - crowding-out
KW - Management models
KW - membership mutual benefit association
UR - http://www.scopus.com/inward/record.url?scp=84900399255&partnerID=8YFLogxK
UR - http://dx.doi.org/10.1177/0899764013502581
U2 - 10.1177/0899764013502581
DO - 10.1177/0899764013502581
M3 - Article
VL - 43
SP - 105S-123S
JO - Non-Profit and Voluntary Sector Quarterly
JF - Non-Profit and Voluntary Sector Quarterly
SN - 0899-7640
IS - S2
ER -