IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-333-98174-0_4.html
   My bibliography  Save this book chapter

Shareholder Value-Orientated Quality Management in Banks

In: Shareholder Value Management in Banks

Author

Listed:
  • Mandy Krafczyk

    (Catholic University of Eichstätt in Ingolstadt)

Abstract

The general change from stakeholder to shareholder management in Germany at the beginning of the 1990s1 also increasingly concerns the banking industry. Reasons for this are the globalization and harmonization of financial markets and the associated stronger competition around investors, who are increasingly professional and are themselves subjected as institutional investors to permanent performance pressure. In addition, in particular in Germany, managers orientate themselves at traditional sizes of accounting, like net earnings for the year, earnings per share, and from accounting sizes derive ratios, like return on equity, return on investment, which seem to be unsuitable for performance rating and capital allocation due to their potential for manipulation.2 Value-orientated management is therefore considered as a widely accepted norm today.3

Suggested Citation

  • Mandy Krafczyk, 2000. "Shareholder Value-Orientated Quality Management in Banks," Palgrave Macmillan Books, in: Leo Schuster (ed.), Shareholder Value Management in Banks, chapter 4, pages 55-81, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-333-98174-0_4
    DOI: 10.1057/9780333981740_4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-333-98174-0_4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.