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Titlebook: Banks and Shareholder Value; An Overview of Bank Stephanie Gross Book 2006 Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2

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期刊全称Banks and Shareholder Value
期刊简称An Overview of Bank
影响因子2023Stephanie Gross
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图书封面Titlebook: Banks and Shareholder Value; An Overview of Bank  Stephanie Gross Book 2006 Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2
影响因子Foreword When CEO Joseph Ackermann set Deutsche Bank the target for 2005 of achieving at least 25% return on equity before tax, he was sending out a clear signal: Management in the German banking sector was finally realizing that it had to focus more on share­ holder interests. Parallel to the discontinuation of German state guarantees, Gewa- tragerhaftung and Anstaltslast, in 2005, there was a change in owner‘s requirements on members of the largest German banking group - the Landesbanks and savings banks. Some municipalities have been increasing pressure on their institutions to create grea­ ter financial value, which will then allow higher payouts. The increasing importance of shareholder value orientation in the banking sector poses at least three interesting sets of questions: • How should one measure economic value creation (for shareholders) in banking? Does the banking sector possess any special features that have to be taken into consideration when measuring this? • To what extent do banks‘ market values truly reflect expected shareholder value creation? Which factors are responsible for systematic deviations of a bank‘s intrin­ sic value from its market value? • What are
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Hayek: A Collaborative Biographyent’s primary responsibility is to increase value, shareholder value has become not only the standard for measuring business performance, but also an important tool in strategic management. The basis of the shareholder value approach is the assumption that the capital market prices a company’s share
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Austria, the Past and Anti-Semitism,Bank stock is’ story paper’, not ‘numbers paper’. This does not mean that stories are unquantifiable, only that their documentation relies on the new metrics.”. Applying the metrics of shareholder value to banks, the objective of this paper is to quantify the story behind the shareholder value of banks and, more specifically, retail banks.
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Introduction,he way companies do business. In fact, shareholder value has become the pre-eminent performance indicator for companies worldwide, and maximizing shareholder value represents the ultimate directive for managerial decisions in all industries and, in particular, in banking.
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