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Value at Risk and Bank Capital Management
book

Value at Risk and Bank Capital Management

by Francesco Saita
February 2007
Intermediate to advanced
280 pages
15h 37m
English
Academic Press
Content preview from Value at Risk and Bank Capital Management
212 CHAPTER
8 Risk-Adjusted Performance Measurement
performance evaluation are apparently doing that only in those businesses exposed to
high-frequency, low-impact loss events only, rather than extending this solution to all the
businesses.
A partially similar problem is the inclusion or exclusion of business risk capital from
risk-adjusted performance measurement. Again, if we consider fi rst the purpose of sup-
porting top managers’ evaluation of the businesses (rather than managers’ evaluation),
then including business risk is certainly important. Attention should be paid in making
clear to profi tability report readers that a business r ...
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Publisher Resources

ISBN: 9780123694669