Corporate Evaluation in the German Banking Sector (eBook)

Svend Reuse (Autor)

eBook Download: PDF

2007 | 2007
XXI, 173 Seiten
Deutscher Universitätsverlag
978-3-8350-9533-5 (ISBN)

Infos

Svend Reuse's analysis of the theoretical status quo of corporate evaluation in the German banking sector shows that only the earnings value method, the equity approach and the multiplier method are useful in this context. The results of his empirical study demonstrate that many banks do not implement shareholder value in practice, but favour periodic variables for their management. Based on the results of the study, the author presents a new model to quantify the value of German banks. Finally, he offers solutions to the problem that banks do not interlink the evaluation of their own value with a value-oriented management process.

Svend Reuse, MBA, studierte bei Prof. Dr. Eric Frère an der Fachhochschule für Ökonomie und Management, Essen. Er ist Leiter der Abteilung Controlling der Sparkasse Mülheim.

Inhalt

Foreword 6
Preface 8
Table of Contents 10
List of Figures 13
List of Tables 15
List of Equations 16
List of Abbreviations 17
1 Introduction 20
1.1 Problem Definition 20
1.2 Reasoning and Motivation 22
1.3 Research Methods 22
2 Theoretical Status Quo of Corporate Evaluation 24
2.1 Motivations for a Corporate Evaluation 24
2.2 Methods of General Corporate Evaluation 28
2.3 Bank Individual Approaches 56
3 Practical Status Quo: An Empirical Study in the German Banking Sector 72
3.1 Modeling the Survey 72
3.2 Quantification of the Answers 76
3.3 Analyzing the Results 79
3.4 Extended Analysis 100
3.5 Conclusions from the Survey 104
4 Development of a New Corporate Evaluation Approach for Banks 106
4.1 The Main Idea of the Presented Approach 106
4.2 Definition of the Model 107
4.3 Theoretical Analysis of the Model 122
5 Quantifying the Value of German Banks 124
5.1 Central Idea of the Empirical Corporate Evaluation 124
5.2 Detailed Evaluation for One Bank 124
5.3 General Evaluation for all Banks 5.3.1 Structuring the Banks 143
5.4 Empirical Evaluation of Internal Multiples 147
6 Critical Discussion and Outlook 150
Appendix Appendix 1: Survey Letter 156
Appendix 2: Confirmation Letter of the FOM 157
Appendix 3: Questionnaire addressed to 750 Banks 158
Bibliography 166

Produkt-Details

• Erscheint lt. Verlag: 6.11.2007
• Vorwort: Prof. Dr. Eric Frère und Prof. Dr. Burghard Hermeier
• Zusatzinfo: XXI, 173 p.
• Verlagsort: Wiesbaden
• Sprache: englisch
• Themenwelt: Recht / Steuern ► Wirtschaftsrecht
• Themenwelt: Wirtschaft ► Betriebswirtschaft / Management ► Finanzierung
• Themenwelt: Betriebswirtschaft / Management ► Spezielle Betriebswirtschaftslehre ► Bankbetriebslehre
• Schlagworte: Banking • Deutsche Banken • Fristentransformation • Shareholder Value • Unternehmensbewertung • Wertermittlung
• ISBN-10: 3-8350-9533-1 / 3835095331
• ISBN-13: 978-3-8350-9533-5 / 9783835095335