Search results for "Loan broker"
showing 2 items of 2 documents
Il mercato dei loan brokers nell’economia delle imprese bancarie: un caso di de-integrazione verticale della catena del valore
2010
This paper aims to investigate the drivers of the emerging loan broker market in the lending business value chain. Transaction cost economics, the dominant paradigm for understanding make or buy decisions, represents the starting point of my research. Capabilities based view of banking firms and modularity helps to understand the creation of intermediate markets.
Brokers in the Credit Market: An Examination of the Vertical Scope
2014
This paper analyzes the vertical disintegration of the bank loan origination value chain. The main aim is to identify the relevant drivers which cause the emergence of brokers in the credit market which lead to vertical disintegration of the credit origination value chain. Transaction cost economics is the typical perspective of analysis of the vertical scope of banking value chains. This paper argues that in order to capture the drivers underlying the dynamic evolution of the vertical scope of bank loan origination business models, the above perspectives must be combined and further integrated with a capabilities and resource based view and with a modularity perspective.