Semantic Scholar Open Access 2017 299 sitasi

The long-term effect of digital innovation on bank performance: An empirical study of SWIFT adoption in financial services

S. Scott J. V. Reenen Markos Zachariadis

Lihat Sumber DOI

Abstrak

We examine the impact on bank performance of the adoption of SWIFT, a network-based technological infrastructure and set of standards for worldwide interbank telecommunication. We construct a new longitudinal dataset of 6848 banks in 29 countries in Europe and the Americas with the full history of adoption since SWIFT’s initial operations in 1977. Our results suggest that the adoption of SWIFT (i) has large effects on profitability in the long-term; (ii) these profitability effects are greater for small than for large banks; and (iii) exhibits significant network effects on performance. We use an in-depth field study to better understand the mechanisms underlying the effects on profitability.

Topik & Kata Kunci

Business Economics

Penulis (3)

S. Scott

J. V. Reenen

Markos Zachariadis

Format Sitasi

APA MLA BibTeX

Scott, S., Reenen, J.V., Zachariadis, M. (2017). The long-term effect of digital innovation on bank performance: An empirical study of SWIFT adoption in financial services. https://doi.org/10.1016/J.RESPOL.2017.03.010

Akses Cepat

Lihat di Sumber doi.org/10.1016/J.RESPOL.2017.03.010

Informasi Jurnal

Tahun Terbit: 2017
Bahasa: en
Total Sitasi: 299×
Sumber Database: Semantic Scholar
DOI: 10.1016/J.RESPOL.2017.03.010
Akses: Open Access ✓