Methods of Bank Valuation: A Critical Overview
Autoři | |
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Rok publikování | 2011 |
Druh | Článek v odborném periodiku |
Časopis / Zdroj | Financial Assets and Investing |
Fakulta / Pracoviště MU | |
Citace | |
Obor | Ekonomie |
Klíčová slova | Valuation; banking; FCFE; discount factor; Black-Scholes pricing model |
Popis | The article discusses common valuation methods in order to find the most appropriate ones through the analysis of advantages and disadvantages of each approach. The main criterion for critical discussion on the valuation approaches is how their usage captures the specific characteristics of banking. The reached conclusion establishes the basis for further work on the subject – the search for the most accurate valuation model for banks. |