Why Study Shareholder Value Creation in European Banking?
Part of the Palgrave Macmillan Studies in Banking and Financial Institutions book series (SBFI)
This book is concerned with the analysis of the relationship between shareholder value and its drivers in European banking markets. One might address the following four questions:
With regard to the first question, shareholder value is currently one of the most widely studied areas in finance.l Shareholder value maximisation has become the primary business goal and performance target for most companies. Although managers and practitioners have traditionally criticised the notion that the objective in decision-making should be to maximise firm value, in the last decade, they have recognised that shareholder-value maximisation is at least an important priority for firms. It is possible to answer the first question by concluding that `shareholder value' is an area of research well-defined, robust and interesting for academics, regulators and practitioners.
Why a book on ‘shareholder value’?
Is it necessary to have another contribution to the shareholder value debate?
Why in Europe?
KeywordsData Envelopment Analysis Customer Satisfaction Total Factor Productivity Stochastic Frontier Analysis European Banking
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Unable to display preview. Download preview PDF.
© Franco Fiordelisi and Philip Molyneux 2006