Shareholder Value in Banking

Sustainable shareholder value is a main strategic objective for financial institutions. This text provides an analytical assessment of shareholder value creation, providing a framework for analyzing theory, and presenting empirical investigations. It analyzes the importance of drivers in creating value and develops a new measure of bank efficiency.

Autorentext
Author Philip Molyneux: Professor Philip Molyneux is Dean of the College of Business, Law, Education and Social Science, and Professor of Banking and Finance at Bangor University, UK. His mian area of research is on structure and efficiency of banking markets and he has published widely in this area. He has also published a variety of texts on banking areas and acted as a consultant to: New York Federal Reserve Bank, the World Bank, the European Commission, the UK Treasury, Citibank Private Bank, Barclays Wealth, McKinsey & co, Credit Suisse and various other international banks and consulting firms.

Inhalt
List of Figures List of Tables About the Authors Preface Why Study Shareholder Value Creation in Banking? Economic Objectives of Banks Shareholder Value: A Literature Review How Banks Create Shareholder Value Bank Performance Measures and Shareholder Value Measuring Shareholder Value Drivers in Banking Determinants of Shareholder Value in European Banking and Shareholder Efficiency Conclusions Notes Index