Click Here to Download: https://ouo.io/w8xB7p Valuing Banks A New Corporate Finance Approach By: Federico Beltrame; Daniele Previtali Publisher: Palgrave Macmillan Print ISBN: 9781137561411, 1137561416 eText ISBN: 9781137561428, 1137561424 Copyright year: 2016 Format: EPUB Available from $ 109.00 USD SKU 9781137561428 This book aims to overcome the limitations the variations in bank-specifics impose by providing a bank-specific valuation theoretical framework and a new asset-side model. The book includes also a constructive comparison of equity and asset side methods. The authors present a novel framework entitled, the “Asset Mark-down Model”. This method incorporates an Adjusted Present Value model, which allows practitioners to identify the main value creation sources of a particular bank: from asset-based cash flow and the mark-down on deposits, to tax benefits on bearing liabilities. Through the implementation of this framework, the authors offer a more accurate and more specific approach to valuing banks.
