Corporate Evaluation in the German Banking Sector 2007th Edition
Author(s): Svend Reuse (Author), Prof. Dr. Eric Frère und Prof. Dr. Burghard Hermeier (Foreword)
Publisher: Deutscher Universitätsverlag
Publication Date: 27 Mar. 2007
Edition: 2007th
Language: English
Print length: 194 pages
ISBN-10: 3835006991
ISBN-13: 9783835006997
Book Description
Especially small cooperative banks and savings banks are confronted with hostile takeovers, lack of success in the retail market, an unfavorable cost income ratio, and the resulting challenges. Angainst this background, corporate evaluation is of increasing importance for German banks. 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.
Editorial Reviews
Review
“Dieses Buch ist eine gelungene Kombination aus fundierter Theorie und Praxis. Die verwendete Literatur ist umfassend und stellt eine gute Mischung zwischen den Klassikern der Unternehmensbewertung und der aktuellen Bankcontrollingliteratur dar. Durch den empirischen Status quo und den neuartigen Ansatz zur Unternehmensbewertung hilft es jeder Bank, den eigenen Barwert der empirischen Erkenntnisse zu ermitteln.” FinanzBetrieb, 01/2009
From the Back Cover
Especially small cooperative banks and savings banks are confronted with hostile takeovers, lack of success in the retail market, an unfavourable cost income ratio, and the resulting challenges. Against this background, corporate evaluation is of increasing importance for German banks.
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.
About the Author
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.