Banks in industrial networks

Lars Engwall and Jan Johanson

Scandinavian Journal of Management, 1990, vol. 6, issue 3, 231-244

Abstract: Banks are important institutions by reason of their role as intermediaries between the holders of surplus capital and those in need of financial resources. They are therefore often mentioned as vital nodes in modern economies, with substantial power positions in relation to their clients. In recent years deregulation and the development of information technology have prompted several observers to conclude that the former long-term relationships in banking have disappeared. This development is analysed in the present paper with the help of a model of industrial networks, focusing on relationships, dependencies, connections and positions. In addition the dynamic and uncontrollable character of networks is stressed. It is argued that the changes mentioned will imply new relationships and banking links with a wider industrial network than before. Some relations are likely to disappear, and new ones established. In this process banks will actively employ different strategies in order to link and control activities in the industrial network.

Keywords: Banking; networks; relationships; financial; intermediation (search for similar items in EconPapers)
Date: 1990
References: Add references at CitEc
Citations: View citations in EconPapers (8)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/0956522190900148
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:scaman:v:6:y:1990:i:3:p:231-244

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/872/bibliographic
http://www.elsevier. ... me/872/bibliographic

Access Statistics for this article

Scandinavian Journal of Management is currently edited by Janne Tienari

More articles in Scandinavian Journal of Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().