| Autor: |
Isaac Alfon, Isabel Argimon, Patricia Bascuñana-Ambrós |
| Rok vydání: |
2004 |
| Předmět: |
|
| Zdroj: |
Journal of Financial Regulation and Compliance. 12:263-274 |
| ISSN: |
1358-1988 |
| DOI: |
10.1108/13581980410810830 |
| Popis: |
This paper presents the findings of a survey of UK banks and building societies undertaken to understand management’s reasons behind their decisions about capital. The survey shows that: (a) firms use different approaches to form their views about “desired” capital; (b) the main factors explaining the level of a firm’s desired capital are financing the firm’s long‐term business strategy and FSA’s capital requirements; (c) actual capital usually exceeds firms’ desired capital; (d) a change in a firm’s individual capital requirements is likely to lead to a change in its desired capital in the medium term. The paper reflects the authors’ views and not the corporate views of the FSA. |
| Databáze: |
OpenAIRE |
| Externí odkaz: |
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