Big Data

Global Diffusion Of The Non-Traditional Banking Model And Alliance Networks: Social Exposure, Learning And Moderating Regulatory Effort

Date Added: Dec 2010
Format: PDF

The authors analyze the impact of (alliance) network exposure on the speed and extent of adoption of the business model as being one explanatory factor for diffusion controlling for actor specific characteristics and embeddedness in the network. In order to explain how existing national regulation moderated this relationship and whether it succeeded in its risk-limiting mission by moderating global adoption patterns and risk-bearing behavior among financial institutions they estimate various history event analysis model i.e. standard Cox and extended frailty models.