Valuing Banks: A New Corporate Finance Approach

Author:   Federico Beltrame ,  Daniele Previtali
Publisher:   Palgrave Macmillan
Edition:   1st ed. 2016
ISBN:  

9781349851003


Pages:   242
Publication Date:   22 July 2017
Format:   Paperback
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Our Price $159.00 Quantity:  
Add to Cart

Share |

Valuing Banks: A New Corporate Finance Approach


Add your own review!

Overview

Full Product Details

Author:   Federico Beltrame ,  Daniele Previtali
Publisher:   Palgrave Macmillan
Imprint:   Palgrave Macmillan
Edition:   1st ed. 2016
ISBN:  

9781349851003


ISBN 10:   1349851000
Pages:   242
Publication Date:   22 July 2017
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

Table of Contents

Contents List of Tables List of Figures Acknowledgements About the Authors Preface Introduction 1. Valuation in Banking: issues and models 1.1 Introduction 1.1.1 A different role of equity: the regulatory constraints 1.1.2 The role of debt 1.1.3 Loan loss provisioning and charge-offs 1.1.4 Cash flow estimation 1.2 Valuation Methods of Banks: a critical review 1.2.1 Discounted cash flow models 1.2.2 Excess returns valuation 1.2.3 Asset and mixed-based valuation 1.2.4 Relative market valuation 1.2.5 Contingent claim valuation 1.3 Conclusions 2. Value, Capital structure and cost of capital: a theoretical framework 2.1 Introduction 2.2 Limitations of the Equity Side Approach 2.3 An Asset Side Approach to Banks Valuation: An Introduction 2.4 Banks' Cost of Capital and the Modigliani-Miller Propositions 2.5 Banks Valuation: A Scheme with Separate Quantification of Mark-Down 2.5.1 Valuation scheme without taxation and growth 2.5.2 Valuation scheme with tax benefits 2.5.3 Valuation scheme with taxation and growth 2.5.4 The AMM: an overview 2.6 The Restatement of Modigliani and Miller's Theories for the Banking Industry 2.6.1 Absence of taxes 2.6.2 Presence of taxes 2.7 Consistency of the AMM Model with Excess Returns Models 2.8 Conclusions 3. Measuring the Cash Flows of Banks: the FCFA Asset Side Approach 3.1 Introduction

Reviews

Author Information

Federico Beltrame is Lecturer in Banking and Finance in the Department of Economics and Statistics, University of Udine, Italy. He holds a PhD in Business Science from the same University. His main research interests are related to SMEs' cost of capital, banks' capital structure and Mutual Guarantee Credit Institutions. Daniele Previtali is post-doc fellow and lecturer at Luiss Guido Carli University, Rome, Italy. He holds a Ph.D. in Banking and Finance from University of Rome, Tor Vergata, Italy. In 2012, he was a visiting PhD candidate at Stern School of Business, New York, USA. His main research interests concern banks valuation, banks' capital structure and innovation.

Tab Content 6

Author Website:  

Customer Reviews

Recent Reviews

No review item found!

Add your own review!

Countries Available

All regions
Latest Reading Guide

Aorrng

Shopping Cart
Your cart is empty
Shopping cart
Mailing List