Author: Lawrence R. CordellPublisher:
ISBN:
Category : Bank capital
Languages : en
Pages : 38
Book Description
An Option-theoretic Approach to Measuring Capital at Savings Associations
Author: Lawrence R. CordellPublisher:
ISBN:
Category : Bank capital
Languages : en
Pages : 38
Book Description
International Convergence of Capital Measurement and Capital Standards
Author: Publisher: Lulu.com
ISBN: 9291316695
Category : Bank capital
Languages : en
Pages : 294
Book Description
Research Paper
Author: Risk-Based Capital
Author: Lawrence D. CluffPublisher: DIANE Publishing
ISBN: 0788186701
Category :
Languages : en
Pages : 187
Book Description
Revisiting Risk-Weighted Assets
Author: Vanessa Le LesléPublisher: International Monetary Fund
ISBN: 1475502656
Category : Business & Economics
Languages : en
Pages : 50
Book Description
In this paper, we provide an overview of the concerns surrounding the variations in the calculation of risk-weighted assets (RWAs) across banks and jurisdictions and how this might undermine the Basel III capital adequacy framework. We discuss the key drivers behind the differences in these calculations, drawing upon a sample of systemically important banks from Europe, North America, and Asia Pacific. We then discuss a range of policy options that could be explored to fix the actual and perceived problems with RWAs, and improve the use of risk-sensitive capital ratios.
Valuation Approaches and Metrics
Author: Aswath DamodaranPublisher: Now Publishers Inc
ISBN: 1601980140
Category : Business & Economics
Languages : en
Pages : 102
Book Description
Valuation lies at the heart of much of what we do in finance, whether it is the study of market efficiency and questions about corporate governance or the comparison of different investment decision rules in capital budgeting. In this paper, we consider the theory and evidence on valuation approaches. We begin by surveying the literature on discounted cash flow valuation models, ranging from the first mentions of the dividend discount model to value stocks to the use of excess return models in more recent years. In the second part of the paper, we examine relative valuation models and, in particular, the use of multiples and comparables in valuation and evaluate whether relative valuation models yield more or less precise estimates of value than discounted cash flow models. In the final part of the paper, we set the stage for further research in valuation by noting the estimation challenges we face as companies globalize and become exposed to risk in multiple countries.
A Market Evaluation of the Risk-based Capital Standards for the U.S. Financial System
Author: Lawrence R. CordellPublisher:
ISBN:
Category : Bank capital
Languages : en
Pages : 70
Book Description
Proceedings
Author: Proceedings of the Business and Economic Statistics Section
Author: American Statistical Association. Business and Economic Statistics SectionPublisher:
ISBN:
Category : Business
Languages : en
Pages : 424
Book Description
Author: