What About the Social Efficiency in Credit Cooperatives? Evidence from Spain (2008–2014)

Credit cooperatives are financial intermediaries that pay attention to social criteria. Thus, if such entities want to survive and thrive in the new international context, they cannot ignore their inefficiencies in both the financial and social dimensions of their activity. However, previous researc...

Full description

Saved in:
Bibliographic Details
Published in:Social indicators research 2017-03, Vol.131 (2), p.607-629
Main Authors: Martínez-Campillo, Almudena, Fernández-Santos, Yolanda
Format: Article
Language:English
Subjects:
Banking
Bias
Competition
Cooperatives
Credit
Credit unions
Data analysis
Data envelopment analysis
Developed Nations
Efficiency
Evidence
Human Geography
Linear programming
Microeconomics
Public Health
Quality of Life Research
Regression analysis
Social Change
Social goals
Social research
Social Sciences
Sociology
Spain
Studies
Urban areas
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
cited_by cdi_FETCH-LOGICAL-c404t-a7cfee8fe3c03c71011de8f87cfe495d9d619c7ee839e6cecc22ab32e73bc6313
cites cdi_FETCH-LOGICAL-c404t-a7cfee8fe3c03c71011de8f87cfe495d9d619c7ee839e6cecc22ab32e73bc6313
container_end_page 629
container_issue 2
container_start_page 607
container_title Social indicators research
container_volume 131
creator Martínez-Campillo, Almudena
Fernández-Santos, Yolanda
description Credit cooperatives are financial intermediaries that pay attention to social criteria. Thus, if such entities want to survive and thrive in the new international context, they cannot ignore their inefficiencies in both the financial and social dimensions of their activity. However, previous research on efficiency in credit cooperatives is very limited and only considers their financial activity. To date, no study has been published giving evidence through indicators on whether these banking institutions are socially efficient. This paper therefore constructs a social efficiency index of Spanish credit cooperatives during the period 2008–2014 and examines its main explanatory factors. After applying a two-stage Data Envelopment Analysis approach, the results from the first stage indicate that, on average, the social efficiency of Spanish credit cooperatives reaches an acceptable level of 66.42 %. Second-stage truncated regression reveals that entities with a greater proportion of branches in urban areas are socially less efficient, whereas both their size and the number of service points have a positive effect. Interestingly, social efficiency also varies significantly depending on the regional location of credit cooperatives in Spain. As a result, our findings enable these Social Economy financial institutions to both know their performance relative to their social activity and use this information to improve their competitiveness in the future.
doi_str_mv 10.1007/s11205-016-1277-6
format article
fullrecord <record><control><sourceid>jstor_proqu</sourceid><recordid>TN_cdi_proquest_miscellaneous_1884099204</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><jstor_id>48715558</jstor_id><sourcerecordid>48715558</sourcerecordid><originalsourceid>FETCH-LOGICAL-c404t-a7cfee8fe3c03c71011de8f87cfe495d9d619c7ee839e6cecc22ab32e73bc6313</originalsourceid><addsrcrecordid>eNp90EFrFDEUB_AgFlxbP4AHIeClHkbfSzKT5CRlWVuh4KEVwUvIZt7YLLuTNZkt9OZ36Df0k5hlRMSDp5Dw-788_oy9RHiLAPpdQRTQNoBdg0LrpnvCFthq2YAV-JQtQIJsjAR4xp6XsgGAVrVqwb5-ufMTv1inw8SnO-I3KUS_5athiCHSGB54HPkyUx8nvkxpT9lP8Z7Ke766j30FxIecdvxm7ys8FwDm549HAajenLGTwW8Lvfh9nrLPH1a3y6vm-tPlx-XFdRMUqKnxOgxEZiAZQAaNgNjXqzk-K9v2tu_QBl2JtNQFCkEIv5aCtFyHTqI8Zefz3H1O3w9UJreLJdB260dKh-LQGAXWClCVvv6HbtIhj3W7qrSVRhiwVeGsQk6lZBrcPsedzw8OwR3bdnPbrrbtjm27rmbEnCnVjt8o_zX5P6FXc2hTppT__KKMxrZtjfwFZoCKWA</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1879382809</pqid></control><display><type>article</type><title>What About the Social Efficiency in Credit Cooperatives? Evidence from Spain (2008–2014)</title><source>International Bibliography of the Social Sciences (IBSS)</source><source>JSTOR Archival Journals and Primary Sources Collection</source><source>Social Science Premium Collection</source><source>ABI/INFORM Global</source><source>Springer Nature:Jisc Collections:Springer Nature Read and Publish 2023-2025: Springer Reading List</source><source>Sociology Collection</source><source>Sociological Abstracts</source><source>Education Collection</source><creator>Martínez-Campillo, Almudena ; Fernández-Santos, Yolanda</creator><creatorcontrib>Martínez-Campillo, Almudena ; Fernández-Santos, Yolanda</creatorcontrib><description>Credit cooperatives are financial intermediaries that pay attention to social criteria. Thus, if such entities want to survive and thrive in the new international context, they cannot ignore their inefficiencies in both the financial and social dimensions of their activity. However, previous research on efficiency in credit cooperatives is very limited and only considers their financial activity. To date, no study has been published giving evidence through indicators on whether these banking institutions are socially efficient. This paper therefore constructs a social efficiency index of Spanish credit cooperatives during the period 2008–2014 and examines its main explanatory factors. After applying a two-stage Data Envelopment Analysis approach, the results from the first stage indicate that, on average, the social efficiency of Spanish credit cooperatives reaches an acceptable level of 66.42 %. Second-stage truncated regression reveals that entities with a greater proportion of branches in urban areas are socially less efficient, whereas both their size and the number of service points have a positive effect. Interestingly, social efficiency also varies significantly depending on the regional location of credit cooperatives in Spain. As a result, our findings enable these Social Economy financial institutions to both know their performance relative to their social activity and use this information to improve their competitiveness in the future.</description><identifier>ISSN: 0303-8300</identifier><identifier>EISSN: 1573-0921</identifier><identifier>DOI: 10.1007/s11205-016-1277-6</identifier><identifier>CODEN: SINRDZ</identifier><language>eng</language><publisher>Dordrecht: Springer Science + Business Media</publisher><subject>Banking ; Bias ; Competition ; Cooperatives ; Credit ; Credit unions ; Data analysis ; Data envelopment analysis ; Developed Nations ; Efficiency ; Evidence ; Human Geography ; Linear programming ; Microeconomics ; Public Health ; Quality of Life Research ; Regression analysis ; Social Change ; Social goals ; Social research ; Social Sciences ; Sociology ; Spain ; Studies ; Urban areas</subject><ispartof>Social indicators research, 2017-03, Vol.131 (2), p.607-629</ispartof><rights>Springer Science+Business Media 2016</rights><rights>Springer Science+Business Media Dordrecht 2016</rights><rights>Social Indicators Research is a copyright of Springer, 2017.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c404t-a7cfee8fe3c03c71011de8f87cfe495d9d619c7ee839e6cecc22ab32e73bc6313</citedby><cites>FETCH-LOGICAL-c404t-a7cfee8fe3c03c71011de8f87cfe495d9d619c7ee839e6cecc22ab32e73bc6313</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://www.proquest.com/docview/1879382809/fulltextPDF?pq-origsite=primo$$EPDF$$P50$$Gproquest$$H</linktopdf><linktohtml>$$Uhttps://www.proquest.com/docview/1879382809?pq-origsite=primo$$EHTML$$P50$$Gproquest$$H</linktohtml><link.rule.ids>315,786,790,11715,12874,21406,21422,21423,27377,27957,27958,33258,33259,33646,33647,33809,33912,33913,34565,34566,36095,36096,43768,43915,44150,44398,58593,58826,74578,74754,74996,75252</link.rule.ids></links><search><creatorcontrib>Martínez-Campillo, Almudena</creatorcontrib><creatorcontrib>Fernández-Santos, Yolanda</creatorcontrib><title>What About the Social Efficiency in Credit Cooperatives? Evidence from Spain (2008–2014)</title><title>Social indicators research</title><addtitle>Soc Indic Res</addtitle><description>Credit cooperatives are financial intermediaries that pay attention to social criteria. Thus, if such entities want to survive and thrive in the new international context, they cannot ignore their inefficiencies in both the financial and social dimensions of their activity. However, previous research on efficiency in credit cooperatives is very limited and only considers their financial activity. To date, no study has been published giving evidence through indicators on whether these banking institutions are socially efficient. This paper therefore constructs a social efficiency index of Spanish credit cooperatives during the period 2008–2014 and examines its main explanatory factors. After applying a two-stage Data Envelopment Analysis approach, the results from the first stage indicate that, on average, the social efficiency of Spanish credit cooperatives reaches an acceptable level of 66.42 %. Second-stage truncated regression reveals that entities with a greater proportion of branches in urban areas are socially less efficient, whereas both their size and the number of service points have a positive effect. Interestingly, social efficiency also varies significantly depending on the regional location of credit cooperatives in Spain. As a result, our findings enable these Social Economy financial institutions to both know their performance relative to their social activity and use this information to improve their competitiveness in the future.</description><subject>Banking</subject><subject>Bias</subject><subject>Competition</subject><subject>Cooperatives</subject><subject>Credit</subject><subject>Credit unions</subject><subject>Data analysis</subject><subject>Data envelopment analysis</subject><subject>Developed Nations</subject><subject>Efficiency</subject><subject>Evidence</subject><subject>Human Geography</subject><subject>Linear programming</subject><subject>Microeconomics</subject><subject>Public Health</subject><subject>Quality of Life Research</subject><subject>Regression analysis</subject><subject>Social Change</subject><subject>Social goals</subject><subject>Social research</subject><subject>Social Sciences</subject><subject>Sociology</subject><subject>Spain</subject><subject>Studies</subject><subject>Urban areas</subject><issn>0303-8300</issn><issn>1573-0921</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2017</creationdate><recordtype>article</recordtype><sourceid>8BJ</sourceid><sourceid>ALSLI</sourceid><sourceid>BHHNA</sourceid><sourceid>CJNVE</sourceid><sourceid>HEHIP</sourceid><sourceid>M0C</sourceid><sourceid>M2R</sourceid><recordid>eNp90EFrFDEUB_AgFlxbP4AHIeClHkbfSzKT5CRlWVuh4KEVwUvIZt7YLLuTNZkt9OZ36Df0k5hlRMSDp5Dw-788_oy9RHiLAPpdQRTQNoBdg0LrpnvCFthq2YAV-JQtQIJsjAR4xp6XsgGAVrVqwb5-ufMTv1inw8SnO-I3KUS_5athiCHSGB54HPkyUx8nvkxpT9lP8Z7Ke766j30FxIecdvxm7ys8FwDm549HAajenLGTwW8Lvfh9nrLPH1a3y6vm-tPlx-XFdRMUqKnxOgxEZiAZQAaNgNjXqzk-K9v2tu_QBl2JtNQFCkEIv5aCtFyHTqI8Zefz3H1O3w9UJreLJdB260dKh-LQGAXWClCVvv6HbtIhj3W7qrSVRhiwVeGsQk6lZBrcPsedzw8OwR3bdnPbrrbtjm27rmbEnCnVjt8o_zX5P6FXc2hTppT__KKMxrZtjfwFZoCKWA</recordid><startdate>20170301</startdate><enddate>20170301</enddate><creator>Martínez-Campillo, Almudena</creator><creator>Fernández-Santos, Yolanda</creator><general>Springer Science + Business Media</general><general>Springer Netherlands</general><general>Springer Nature B.V</general><scope>AAYXX</scope><scope>CITATION</scope><scope>0-V</scope><scope>3V.</scope><scope>7U4</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>88B</scope><scope>88C</scope><scope>88G</scope><scope>88J</scope><scope>8BJ</scope><scope>8C1</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>8G5</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>ALSLI</scope><scope>AZQEC</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>BHHNA</scope><scope>CCPQU</scope><scope>CJNVE</scope><scope>DWI</scope><scope>DWQXO</scope><scope>FQK</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>GNUQQ</scope><scope>GUQSH</scope><scope>HEHIP</scope><scope>JBE</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>M0C</scope><scope>M0P</scope><scope>M0T</scope><scope>M2M</scope><scope>M2O</scope><scope>M2R</scope><scope>M2S</scope><scope>MBDVC</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEDU</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>PRINS</scope><scope>PSYQQ</scope><scope>Q9U</scope><scope>WZK</scope></search><sort><creationdate>20170301</creationdate><title>What About the Social Efficiency in Credit Cooperatives? Evidence from Spain (2008–2014)</title><author>Martínez-Campillo, Almudena ; Fernández-Santos, Yolanda</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c404t-a7cfee8fe3c03c71011de8f87cfe495d9d619c7ee839e6cecc22ab32e73bc6313</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2017</creationdate><topic>Banking</topic><topic>Bias</topic><topic>Competition</topic><topic>Cooperatives</topic><topic>Credit</topic><topic>Credit unions</topic><topic>Data analysis</topic><topic>Data envelopment analysis</topic><topic>Developed Nations</topic><topic>Efficiency</topic><topic>Evidence</topic><topic>Human Geography</topic><topic>Linear programming</topic><topic>Microeconomics</topic><topic>Public Health</topic><topic>Quality of Life Research</topic><topic>Regression analysis</topic><topic>Social Change</topic><topic>Social goals</topic><topic>Social research</topic><topic>Social Sciences</topic><topic>Sociology</topic><topic>Spain</topic><topic>Studies</topic><topic>Urban areas</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Martínez-Campillo, Almudena</creatorcontrib><creatorcontrib>Fernández-Santos, Yolanda</creatorcontrib><collection>CrossRef</collection><collection>ProQuest Social Sciences Premium Collection</collection><collection>ProQuest Central (Corporate)</collection><collection>Sociological Abstracts (pre-2017)</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>Education Database (Alumni Edition)</collection><collection>Healthcare Administration Database (Alumni)</collection><collection>Psychology Database (Alumni)</collection><collection>Social Science Database (Alumni Edition)</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Public Health Database</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>Research Library (Alumni Edition)</collection><collection>ProQuest Central (Alumni)</collection><collection>ProQuest Central UK/Ireland</collection><collection>Social Science Premium Collection</collection><collection>ProQuest Central Essentials</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>Sociological Abstracts</collection><collection>ProQuest One Community College</collection><collection>Education Collection</collection><collection>Sociological Abstracts</collection><collection>ProQuest Central Korea</collection><collection>International Bibliography of the Social Sciences</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Central Student</collection><collection>Research Library Prep</collection><collection>Sociology Collection</collection><collection>International Bibliography of the Social Sciences</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Global</collection><collection>Education Database</collection><collection>Healthcare Administration Database</collection><collection>Psychology Database</collection><collection>Research Library</collection><collection>Social Science Database</collection><collection>Sociology Database</collection><collection>Research Library (Corporate)</collection><collection>One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Education</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central China</collection><collection>ProQuest One Psychology</collection><collection>ProQuest Central Basic</collection><collection>Sociological Abstracts (Ovid)</collection><jtitle>Social indicators research</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Martínez-Campillo, Almudena</au><au>Fernández-Santos, Yolanda</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>What About the Social Efficiency in Credit Cooperatives? Evidence from Spain (2008–2014)</atitle><jtitle>Social indicators research</jtitle><stitle>Soc Indic Res</stitle><date>2017-03-01</date><risdate>2017</risdate><volume>131</volume><issue>2</issue><spage>607</spage><epage>629</epage><pages>607-629</pages><issn>0303-8300</issn><eissn>1573-0921</eissn><coden>SINRDZ</coden><notes>ObjectType-Article-1</notes><notes>SourceType-Scholarly Journals-1</notes><notes>ObjectType-Feature-2</notes><notes>content type line 23</notes><abstract>Credit cooperatives are financial intermediaries that pay attention to social criteria. Thus, if such entities want to survive and thrive in the new international context, they cannot ignore their inefficiencies in both the financial and social dimensions of their activity. However, previous research on efficiency in credit cooperatives is very limited and only considers their financial activity. To date, no study has been published giving evidence through indicators on whether these banking institutions are socially efficient. This paper therefore constructs a social efficiency index of Spanish credit cooperatives during the period 2008–2014 and examines its main explanatory factors. After applying a two-stage Data Envelopment Analysis approach, the results from the first stage indicate that, on average, the social efficiency of Spanish credit cooperatives reaches an acceptable level of 66.42 %. Second-stage truncated regression reveals that entities with a greater proportion of branches in urban areas are socially less efficient, whereas both their size and the number of service points have a positive effect. Interestingly, social efficiency also varies significantly depending on the regional location of credit cooperatives in Spain. As a result, our findings enable these Social Economy financial institutions to both know their performance relative to their social activity and use this information to improve their competitiveness in the future.</abstract><cop>Dordrecht</cop><pub>Springer Science + Business Media</pub><doi>10.1007/s11205-016-1277-6</doi><tpages>23</tpages></addata></record>
fulltext fulltext
identifier ISSN: 0303-8300
ispartof Social indicators research, 2017-03, Vol.131 (2), p.607-629
issn 0303-8300
1573-0921
language eng
recordid cdi_proquest_miscellaneous_1884099204
source International Bibliography of the Social Sciences (IBSS); JSTOR Archival Journals and Primary Sources Collection; Social Science Premium Collection; ABI/INFORM Global; Springer Nature:Jisc Collections:Springer Nature Read and Publish 2023-2025: Springer Reading List; Sociology Collection; Sociological Abstracts; Education Collection
subjects Banking
Bias
Competition
Cooperatives
Credit
Credit unions
Data analysis
Data envelopment analysis
Developed Nations
Efficiency
Evidence
Human Geography
Linear programming
Microeconomics
Public Health
Quality of Life Research
Regression analysis
Social Change
Social goals
Social research
Social Sciences
Sociology
Spain
Studies
Urban areas
title What About the Social Efficiency in Credit Cooperatives? Evidence from Spain (2008–2014)
url http://sfxeu10.hosted.exlibrisgroup.com/loughborough?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2024-09-22T16%3A34%3A31IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-jstor_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=What%20About%20the%20Social%20Efficiency%20in%20Credit%20Cooperatives?%20Evidence%20from%20Spain%20(2008%E2%80%932014)&rft.jtitle=Social%20indicators%20research&rft.au=Mart%C3%ADnez-Campillo,%20Almudena&rft.date=2017-03-01&rft.volume=131&rft.issue=2&rft.spage=607&rft.epage=629&rft.pages=607-629&rft.issn=0303-8300&rft.eissn=1573-0921&rft.coden=SINRDZ&rft_id=info:doi/10.1007/s11205-016-1277-6&rft_dat=%3Cjstor_proqu%3E48715558%3C/jstor_proqu%3E%3Cgrp_id%3Ecdi_FETCH-LOGICAL-c404t-a7cfee8fe3c03c71011de8f87cfe495d9d619c7ee839e6cecc22ab32e73bc6313%3C/grp_id%3E%3Coa%3E%3C/oa%3E%3Curl%3E%3C/url%3E&rft_id=info:oai/&rft_pqid=1879382809&rft_id=info:pmid/&rft_jstor_id=48715558&rfr_iscdi=true