The purpose of this paper is to analyze the vertical disintegration of the bank loan origination value chain. This paper conducts a study on the credit information market from the perspective of the bank's decision to vertically disintegrate the loan origination value chain. The main aim is to...

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...

The book analyzes the vertical disintegration of the bank lending value chain. It aims to identify the relevant drivers of the decision to vertically disintegrate the lending value chain in the economics of banking firms. Loan origination activities, credit information markets, loan brokers...

The paper aims to analyse the disintegration process of the bank loan value chain. The innovative business model known as "originate and distribute" has significantly transformed the banking business. It has a huge impact on the financial stability and financial integration. The paper identifies...