Reuse Corporate Evaluation in the German Banking Sector

2007
ISBN: 978-3-8350-9533-5
Verlag: Deutscher Universitätsverlag
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 173 Seiten, eBook

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.

Zielgruppe

Research

Autoren/Hrsg.

Reuse, Svend

Inhaltsverzeichnis

1;Foreword;6
2;Preface;8
3;Table of Contents;10
4;List of Figures;13
5;List of Tables;15
6;List of Equations;16
7;List of Abbreviations;17
8;1 Introduction ;20
8.1;1.1 Problem Definition;20
8.2;1.2 Reasoning and Motivation;22
8.3;1.3 Research Methods;22
9;2 Theoretical Status Quo of Corporate Evaluation ;24
9.1;2.1 Motivations for a Corporate Evaluation;24
9.2;2.2 Methods of General Corporate Evaluation;28
9.3;2.3 Bank Individual Approaches;56
10;3 Practical Status Quo: An Empirical Study in the German Banking Sector ;72
10.1;3.1 Modeling the Survey;72
10.2;3.2 Quantification of the Answers;76
10.3;3.3 Analyzing the Results;79
10.4;3.4 Extended Analysis;100
10.5;3.5 Conclusions from the Survey;104
11;4 Development of a New Corporate Evaluation Approach for Banks ;106
11.1;4.1 The Main Idea of the Presented Approach;106
11.2;4.2 Definition of the Model;107
11.3;4.3 Theoretical Analysis of the Model;122
12;5 Quantifying the Value of German Banks;124
12.1;5.1 Central Idea of the Empirical Corporate Evaluation;124
12.2;5.2 Detailed Evaluation for One Bank;124
12.3;5.3 General Evaluation for all Banks 5.3.1 Structuring the Banks;143
12.4;5.4 Empirical Evaluation of Internal Multiples;147
13;6 Critical Discussion and Outlook;150
14;Appendix Appendix 1: Survey Letter;156
15;Appendix 2: Confirmation Letter of the FOM;157
16;Appendix 3: Questionnaire addressed to 750 Banks;158
17;Bibliography;166

Theoretical Status Quo of Corporate Evaluation.- Practical Status Quo: An Empirical Study in the German Banking Sector.- Development of a New Corporate Evaluation Approach for Banks.- Quantifying the Value of German Banks.- Critical Discussion and Outlook.

Über Autor(innen)

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.