Detail Risk happens: The risk and performance relationship in commercial banking Bibliografi Author: Ross, Gary Howard ; Amburgey, Terry (Advisor) Topik: BUSINESS ADMINISTRATION; BANKING|BUSINESS ADMINISTRATION; MANAGEMENT Bahasa: (EN )    ISBN: 0-591-16566-X     Penerbit: University of Kentucky Press     Tahun Terbit: 1996     Jenis: Theses - Dissertation Fulltext: 9709197.pdf (0.0B; 2 download) Abstract Commercial banks experience both expected and unexpected outcomes from the loan approval decision process. That is the risk in the commercial loan process. In that banks never approve a loan with the intent that loan will become a non performing asset, insight into why and when non performing loans occur is important. The longitudinal data is analyzed to determine the relationship between performance outcomes and decision predictors. Of more importance, a dynamic analysis is performed to determine how quickly the performance outcomes adjust to the series of decision predictors. The results of the study contribute to the research stream by providing evidence of a significant temporal causal effect within the relationship of risk and performance. The lack of significant changes in bank decision strategy were interesting more by the questions raised than the questions answered. The idea of risk on a firm or industry level basis must be analyzed differently The decisions that result in risk outcomes must be examined, not assumed away by a diversification strategy. The underlying assumptions of the CAPM simply do not adjust well to the banking industry. The CAPM assumes that investors have unlimited ability to manipulate the investment mix. Have bank strategic decision makers simply factored in non performing loans as a cost of doing business, not as a particular risk outcome? Growing banks were observed to have a growing number of non performing loans. Prior period performance was observed to be consistently the most significant predictor of current performance. The idea that an organization might learn from its prior decisions is not evident in this study. Banks continue to accumulate non performing loans in the normal course of business. The slower rate of adjustment of non performing loans in comparison to the profitability measures may confirm this question. Strategic decision makers accept the inevitability of this negative outcome, but are not stigmatized by such an outcome over a long period. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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