IDEAS home Printed from https://ideas.repec.org/p/bng/wpaper/17001.html
   My bibliography  Save this paper

Between novelty and fashion.Risk management and the adoption of computers in retail banking

Author

Listed:
  • Bernardo Batiz-Lazo

    (Bangor University)

Abstract

This chapter explores developments in researching the adoption of applications of computer technology by retail deposit-accepting financial institutions. Contributions to date suggest an understanding of both technological and business decisions. This is a research agenda informed by developments both in the history of computing and in business and economic history because the analysis of computer applications in business should consider not only how decisions came about but also the expectations of decision makers and the context and stakeholders that helped to shape business decisions. This is a view which aligns with that of Wadhwani and Jones’ (2014) “constitutive historicism” or the investigation of how economic actors’ perceptions of their own places in historical time shape their strategies.

Suggested Citation

  • Bernardo Batiz-Lazo, 2017. "Between novelty and fashion.Risk management and the adoption of computers in retail banking," Working Papers 17001, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
  • Handle: RePEc:bng:wpaper:17001
    as

    Download full text from publisher

    File URL: https://www.bangor.ac.uk/business/research/documents/BBSWP-17-01.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Peter Wardley, 2011. "Women, Mechanization and Cost Savings in Twentieth Century British Banks and Other Financial Institutions," Palgrave Macmillan Books, in: Mike Richardson & Peter Nicholls (ed.), A Business and Labour History of Britain, chapter 3, pages 32-59, Palgrave Macmillan.
    2. Poon, Martha, 2009. "From new deal institutions to capital markets: Commercial consumer risk scores and the making of subprime mortgage finance," Accounting, Organizations and Society, Elsevier, vol. 34(5), pages 654-674, July.
    3. Susan V. Scott & Markos Zachariadis, 2012. "Origins and development of SWIFT, 1973--2009," Business History, Taylor & Francis Journals, vol. 54(3), pages 462-482, June.
    4. Richard N. Langlois, 2003. "The vanishing hand: the changing dynamics of industrial capitalism," Industrial and Corporate Change, Oxford University Press, vol. 12(2), pages 351-385, April.
    5. Matthews, Derek & Anderson, Malcolm & Edwards, John Richard, 1998. "The Priesthood of Industry: The Rise of the Professional Accountant in British Management," OUP Catalogue, Oxford University Press, number 9780198289609, Decembrie.
    6. Alan Booth, 2004. "Technical change in branch banking at the Midland Bank, 1945-75," Accounting History Review, Taylor & Francis Journals, vol. 14(3), pages 277-300.
    7. Colvin, Christopher L., 2015. "The past, present and future of banking history," QUCEH Working Paper Series 15-05, Queen's University Belfast, Queen's University Centre for Economic History.
    8. Martha Poon, 2009. "From New Deal institutions to capital markets: commercial consumer risk scores and the making of subprime mortgage finance," Post-Print halshs-00359712, HAL.
    9. W. Scott Frame & Lawrence J. White, 2009. "Technological Change, Financial Innovation, and Diffusion in Banking," Working Papers 09-03, New York University, Leonard N. Stern School of Business, Department of Economics.
    10. Thodenius, Björn & Batiz-Lazo, Bernardo & Karlsson, Tobias, 2010. "The history of the Swedish ATM - Sparfrämjandet and Metior," MPRA Paper 27083, University Library of Munich, Germany.
    11. Bátiz-Lazo, Bernardo & Wardley, Peter, 2007. "Banking on change: information systems and technologies in UK high street banking, 1919–1969," Financial History Review, Cambridge University Press, vol. 14(2), pages 177-205, October.
    12. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
    13. Scott, Susan V. & Zachariadis, Markos, 2012. "Origins and development of SWIFT, 1973–2009," LSE Research Online Documents on Economics 46490, London School of Economics and Political Science, LSE Library.
    14. Andrew Seltzer, 2004. "Internal labour markets in the Australian banking industry: their nature prior to the Second World War and their recent decline," Accounting History Review, Taylor & Francis Journals, vol. 14(3), pages 237-256.
    15. Millo, Yuval & MacKenzie, Donald, 2009. "The usefulness of inaccurate models: Towards an understanding of the emergence of financial risk management," Accounting, Organizations and Society, Elsevier, vol. 34(5), pages 638-653, July.
    16. Cortada, James W., 2011. "Information and the Modern Corporation," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262516411, December.
    17. Meenakshi Rishi & Sweta Saxena, 2004. "Technological innovations in the Indian banking industry: the late bloomer," Accounting History Review, Taylor & Francis Journals, vol. 14(3), pages 339-353.
    18. Martha Poon, 2009. "From New Deal institutions to capital markets: commercial consumer risk scores and the making of subprime mortgage finance," Working Papers halshs-00359712, HAL.
    19. Martha Poon, 2009. "From New Deal institutions to capital markets: commercial consumer risk scores and the making of subprime mortgage finance," CSI Working Papers Series 014, Centre de Sociologie de l'Innovation (CSI), Mines ParisTech.
    20. Maixe-Altes, J. Carles, 2014. "ICT the Nordic Way and European Savings Banks," MPRA Paper 58252, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Alaimo, Cristina & Kallinikos, Jannis, 2022. "Organizations decentered: data objects, technology and knowledge," LSE Research Online Documents on Economics 112470, London School of Economics and Political Science, LSE Library.
    2. Martinez, Daniel E. & Pflueger, Dane & Palermo, Tommaso, 2022. "Accounting and the territorialization of markets: A field study of the Colorado cannabis market," Accounting, Organizations and Society, Elsevier, vol. 102(C).
    3. Kornberger, Martin & Pflueger, Dane & Mouritsen, Jan, 2017. "Evaluative infrastructures: Accounting for platform organization," Accounting, Organizations and Society, Elsevier, vol. 60(C), pages 79-95.
    4. Kornberger Martin & Pflueger Dane & Mouritsen Jan, 2017. "Evaluative infrastructures : Accounting for platform organization," Post-Print hal-02276737, HAL.
    5. Ryan Bubb & Alex Kaufman, 2011. "Securitization and moral hazard: evidence from credit score cutoff rules," Public Policy Discussion Paper 11-6, Federal Reserve Bank of Boston.
    6. Savannah Cox, 2022. "Inscriptions of resilience: Bond ratings and the government of climate risk in Greater Miami, Florida," Environment and Planning A, , vol. 54(2), pages 295-310, March.
    7. Kiviat, Barbara, 2019. "Credit Scoring in the United States," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 21(1), pages 33-42.
    8. Egle Jakucionyte & Swapnil Singh, 2021. "Emergence of Subprime Lending in Minority Neighborhoods," Bank of Lithuania Working Paper Series 94, Bank of Lithuania.
    9. Olivier Godechot, 2015. "Financialization Is Marketization! : A Study on the Respective Impact of Various Dimensions of Financialization on the Increase in Global Inequality," Sciences Po publications 15/3, Sciences Po.
    10. Fourcade, Marion & Healy, Kieran, 2013. "Classification situations: Life-chances in the neoliberal era," Accounting, Organizations and Society, Elsevier, vol. 38(8), pages 559-572.
    11. Scott, Susan V., 2010. "Understanding the characteristics of techno-innovation in an era of self-regulated financial services," LSE Research Online Documents on Economics 37867, London School of Economics and Political Science, LSE Library.
    12. Tordjman, Hélène, 2011. "La crise contemporaine, une crise de la modernité technique," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 10.
    13. Olivier Godechot, 2015. "Financialization Is Marketization!," Working Papers hal-03459520, HAL.
    14. Lei Ding & Jackelyn Hwang, 2016. "The Consequences of Gentrification: A Focus on Residents’ Financial Health in Philadelphia," Working Papers 16-22, Federal Reserve Bank of Philadelphia.
    15. Bill Maurer, 2012. "Finance 2.0," Chapters, in: James G. Carrier (ed.), A Handbook of Economic Anthropology, Second Edition, chapter 11, Edward Elgar Publishing.
    16. McFall, Liz, 2014. "Devising Consumption: cultural economies of insurance, credit and spending," OSF Preprints at2nv, Center for Open Science.
    17. Cochoy, Franck & Dubuisson-Quellier, Sophie, 2013. "The sociology of market work," economic sociology. perspectives and conversations, Max Planck Institute for the Study of Societies, vol. 15(1), pages 4-11.
    18. Olivier Godechot, 2015. "Financialization Is Marketization!," SciencePo Working papers Main hal-03459520, HAL.
    19. repec:hal:spmain:info:hdl:2441/5qjkarlp3e8a2a40vbqo698d3v is not listed on IDEAS
    20. Lipartito, Kenneth, 2011. "The narrative and the algorithm: Genres of credit reporting from the nineteenth century to today," MPRA Paper 28142, University Library of Munich, Germany.
    21. Olivier Godechot, 2019. "Conclusion: What finance manufactures," Post-Print hal-03393812, HAL.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bng:wpaper:17001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alan Thomas (email available below). General contact details of provider: https://edirc.repec.org/data/sabanuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.