Centro de Documentacion de Fundación MAPFRE - Optimal capital allocation using RAROC and EVA

MAP20130015644

Optimal capital allocation using RAROC and EVA / Neal M. Stoughton, Josef Zechner

Sumario: Equity capital allocation plays a particularly important role for financial institutions such as banks, who issue equity infrequently but have continuous access to debt capital. In such a context this paper shows that EVA and RAROC based capital budgeting mechanisms have economic foundations

En: Journal of Financial Intermediation. - Vol. 16, Issue 3, July 2007; p. 312342

1. RAROC . 2. Rentabilidad ajustada al riesgo . 3. Gerencia de riesgos . 4. Banca . 5. Rentabilidad bancaria . 6. Capital económico . I. Zechner, Josef .