This work examines the impact of financial market regulations on the business model of credit cooperatives. Based on a multi-level empirical investigation, it exposes the strategic adjustments in the business model required to ensure future survival. Regulatory challenges are systematically presented in order to enable the development of a strategic action plan.

Kai-Ingo Voigt, Universität Erlangen-Nürnberg; Matthias Fischer, Technische Hochschule Nürnberg