Universal banking: A shareholder value perspective
Universal banks are multi-product firms in the financial services sector whose complexity is difficult to manage. Ingo Walter asks the question -- do they optimize invested capital? The author moves from book value to market value of equity by adjusting for value increases such as economies of scale and scope and better management (or decreases from conglomerate discount). He believes the potential value of shareholder equity can be released by management in universal banks following some simple rules, and offers concrete suggestions.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 15 (1997)
Issue (Month): 4 (August)
Pages: 344-360
| Handle: | RePEc:eee:eurman:v:15:y:1997:i:4:p:344-360 |
| Contact details of provider: | Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/115/description#description
|
| Order Information: | Postal: http://www.elsevier.com/wps/find/journaldescription.cws_home/115/bibliographic Web: http://www.elsevier.com/wps/find/journaldescription.cws_home/115/bibliographic |
No references listed on IDEAS
You can help add them by filling out this form.
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.
When requesting a correction, please mention this item's handle: RePEc:eee:eurman:v:15:y:1997:i:4:p:344-360. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.