BUSINESS MODELS IN BANKING: A CLUSTER ANALYSIS USING ARCHIVAL DATA.

We show that clustering can be used to identify bank business models based on variables that proxy how banks create value. Departing from the value proposition and systematically deriving the proxies for value creation link the disconnected 'business model literature' with the 'bank business model l...

Descripción completa

Detalles Bibliográficos
Publicado en:TRAMES: A Journal of the Humanities & Social Sciences Vol. 23; no. 1; pp. 79 - 108
Autores principales: Lueg, Rainer, Schmaltz, Christian, Tomkus, Modestas
Formato: Artículo
Publicado: Teaduste Akadeemia Kirjastus 2019
Materias:
Acceso en línea:Ver este registro en EBSCOhost
fields @attributes:
  recordID: 1
pdfLink:
plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=134961206&site=ehost-live
header:
  @attributes:
    shortDbName: ssf
    uiTerm: 134961206
    longDbName: Social Sciences Full Text (H.W. Wilson)
    uiTag: AN
  controlInfo:
    bkinfo:
    jinfo:
      jid:
        14060922
        DT1
      jtl: TRAMES: A Journal of the Humanities & Social Sciences
      issn: 14060922
      maglogo: N
    pubinfo:
      dt: 2019
      vid: 23
      iid: 1
      pid: 11112
      pub: Teaduste Akadeemia Kirjastus
    artinfo:
      ui:
        134961206
        10.3176/tr.2019.1.06
      ppf: 79
      ppct: 29
      formats:
        fmt:
          @attributes:
            type: P
            size: 3.4MB
      tig:
        atl: BUSINESS MODELS IN BANKING: A CLUSTER ANALYSIS USING ARCHIVAL DATA.
      aug:
        au:
          Lueg, Rainer
          Schmaltz, Christian
          Tomkus, Modestas
        affil:
          Leuphana University
          University of Southern Denmark
          Aarhus University
          True North Institute
      su:
        Financial crises
        Business models
        Cluster analysis (Statistics)
        Value proposition
        Investment banking
        Retail banking
      sug:
        subj:
          Financial crises
          Investment Banking and Securities Dealing
          Commercial Banking
          Credit Unions
          Savings Institutions
          Personal and commercial banking industry
          Business models
          Cluster analysis (Statistics)
          Value proposition
          Investment banking
          Retail banking
      keyword:
        banks
        business model
        cluster analysis
        financial crisis
        banks
        business model
        cluster analysis
        financial crisis
      ab: We show that clustering can be used to identify bank business models based on variables that proxy how banks create value. Departing from the value proposition and systematically deriving the proxies for value creation link the disconnected 'business model literature' with the 'bank business model literature'. On a sample of 63 large European and U.S. banks, the clustering approach correctly identifies the business model for four out of five banks. In particular, it correctly identifies 100% of all investment banks, 89% of the universal banks, and 44% of the retail banks. Identifying business models is an important preparatory step before implementing business model-specific minimum requirements or assessing the sustainability of business models. Furthermore, a quantitative objective method like clustering is important for regulators because it is a much more economical way to identifying business models than to collect qualitative information about the business model from annual reports.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
    refInfo:
    copyright:
      @attributes:
        flag: N
    holdings:
      @attributes:
        islocal: N