Cart
Free Shipping in Australia
Proud to be B-Corp

Optimal Risk-Return Trade-Offs of Commercial Banks Jochen Kuhn

Optimal Risk-Return Trade-Offs of Commercial Banks By Jochen Kuhn

Optimal Risk-Return Trade-Offs of Commercial Banks by Jochen Kuhn


$172.89
Condition - New
Only 2 left

Summary

This book criticizes the fact that profitability measures derived from capital market models such as the Sharpe ratio and the reward-to-VaR ratio are proposed for loan portfolios, although it is not proven whether their risk-return trade-offs are optimal for banks.

Optimal Risk-Return Trade-Offs of Commercial Banks Summary

Optimal Risk-Return Trade-Offs of Commercial Banks: and the Suitability of Profitability Measures for Loan Portfolios by Jochen Kuhn

This book criticizes the fact that profitability measures derived from capital market models such as the Sharpe ratio and the reward-to-VaR ratio are proposed for loan portfolios, although it is not proven whether their risk-return trade-offs are optimal for banks. The authors demonstrate that even the reward-to-VaR ratio, which is developed for valuating loan portfolios, can be highly misleading. They also show how market discipline, capital requirements, and insured deposits affect decision-making.

Table of Contents

Risk Measures.- Asset Pricing.- Reward-to-Risk Ratios.- Effects of Risk-Taking in Commercial Banks.- Risk-Return Trade-Offs for Commercial Banks.- Deposits and the Risk-Return Trade-Off.- Profitability Measures for Loan Portfolios.- Conclusion.

Additional information

NLS9783540348191
9783540348191
3540348190
Optimal Risk-Return Trade-Offs of Commercial Banks: and the Suitability of Profitability Measures for Loan Portfolios by Jochen Kuhn
New
Paperback
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
2006-08-14
152
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a new book - be the first to read this copy. With untouched pages and a perfect binding, your brand new copy is ready to be opened for the first time

Customer Reviews - Optimal Risk-Return Trade-Offs of Commercial Banks