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Embedded Banking Security Level Index and Aimed Control Template for Banking Systems – Implementation Evaluation Using the Vroom-Yetton-Jago Contingency Model

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  • Ion Stancu

    (Academia de Studii Economice / Facultatea de Finante, Asigurari, Banci si Burse de Valori)

  • Daniel Rece

    (Academia de Studii Economice / Facultatea de Finante, Asigurari, Banci si Burse de Valori)

Abstract

An embedded Banking Security Level Index (B-SLI) and Aimed Control (AC) scheme for banking systems is proposed in this paper. In this design the B-SLI and AC anti money laundering techniques are fused together and used in sequence to expose a threat and subsequently ameliorate the security level of banking. The potential implementation of the B-SLI/AC template is then evaluated using the Vroom-Yetton-Jago contingency model. Study concludes that the B-SLI/AC scheme can be implemented as a focused collaborative effort that will increase the reporting entities willingness to commit to the anti money laundering effort. This approach draws on our previous research and it is part of the Idei_822 project.

Suggested Citation

  • Ion Stancu & Daniel Rece, 2010. "Embedded Banking Security Level Index and Aimed Control Template for Banking Systems – Implementation Evaluation Using the Vroom-Yetton-Jago Contingency Model," The Review of Finance and Banking, Academia de Studii Economice din Bucuresti, Romania / Facultatea de Finante, Asigurari, Banci si Burse de Valori / Catedra de Finante, vol. 2(2), pages 077-082, December.
  • Handle: RePEc:rfb:journl:v:02:y:2010:i:2:p:077-082
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    Cited by:

    1. Betül Çal, 2015. "Reconciliation of Expectancy-Valence and Expectation-Disconfirmation Paradigms in Investment Decisions: Case of Turkish Equity Investors," International Journal of Business and Social Research, LAR Center Press, vol. 5(1), pages 15-32, January.
    2. Betül Çal, 2015. "Reconciliation of Expectancy-Valence and Expectation-Disconfirmation Paradigms in Investment Decisions: Case of Turkish Equity Investors," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 5(1), pages 15-32, January.

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