The Hybridization of Credit Co-Operatives in the Tradition of F.W. Raiffeisen: The Austrian Example

Publication: Scientific journalJournal articlepeer-review


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.
Original languageEnglish
Pages (from-to)1 - 12
JournalCanadian Journal of Nonprofit and Social Economy Research
Issue number2
Publication statusPublished - 2020

Austrian Classification of Fields of Science and Technology (ÖFOS)

  • 502052 Business administration
  • 502011 Cooperative systems
  • 502016 SME-research
  • 502019 Marketing
  • 502044 Business management
  • 502043 Business consultancy
  • 502006 Controlling

Cite this