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Participation in the Company of HBK-Spaarbank

M. Lambrechts, P. Van Steenbergen

Journal of Business Ethics · 1999 · Volume 21 · Issue 2

DOI: 10.1023/A:1006243001182

Abstract

This paper relates the origin, the principles and the evolution of the financial participation in HBK-Spaarbank. This participation in the capital is concretized by the cooperative company Personnel Cooperative HBK. Founded in 1979, this cooperative company which represents all workers of HBK-Spaarbank has now become a very significant shareholder. At present it owns 22.50 % of the capital of the savings bank.

Keywords

Economic Growth, Saving Bank, Cooperative Company, Financial Participation, Company Personnel

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