Valuing Banks : A New Corporate Finance Approach
Overview
This book aims to overcome the limitations the variations in bank-specifics impose by providing a bank-specific valuation theoretical framework and a new asset-side model. The book includes also a constructive comparison of equity and asset side methods. The authors present a novel framework entitled, the "Asset Mark-down Model". This method incorporates an Adjusted Present Value model, which allows practitioners to identify the main value creation sources of a particular bank: from asset-based cash flow and the mark-down on deposits, to tax benefits on bearing liabilities. Through the implementation of this framework, the authors offer a more accurate and more specific approach to valuing banks.
This item is Non-Returnable
Customers Also Bought
Details
- ISBN-13: 9781137561411
- ISBN-10: 1137561416
- Publisher: Palgrave MacMillan
- Publish Date: July 2016
- Dimensions: 8.3 x 6 x 0.8 inches
- Shipping Weight: 1 pounds
- Page Count: 242
Related Categories
