THE PROFITABILITY AND RISK EFFECTS OF RUSSIAN BANKING INSTITUTIONS’ INVOLVEMENT IN BANCASSURANCE: MERGER SIMULATION METHODOLOGY

Autor:	Alexander V. Ekimov
Jazyk:	angličtina
Rok vydání:	2018
Předmět:	bancassurance commercial bank insurance company financial conglomerate Commerce HF1-6182 Economics as a science HB71-74
Zdroj:	Ekonomika, Vol 96, Iss 3 (2018)
Druh dokumentu:	article
ISSN:	1392-1258 2424-6166
DOI:	10.15388/Ekon.2017.3.11567
Popis:	This paper presents the methodology taken to evaluate the potential profitability and risk effects of Russian banking institutions’ involvement in bancassurance. An original methodology is applied, which was developed by Boyd and Graham, to conduct merger simulations between commercial banks and insurance companies. The methodology is based on mergers between firms, like the accounting principle of consolidation by pooling. This principle entails summing up the balance-sheet indicators of previously independent firms to simulate a hypothetical merger.
Databáze:	Directory of Open Access Journals
Externí odkaz:	https://doaj.org/article/379fdefea9674270a5ca731d5881101d Zobrazit plný text záznamu View record in DOAJ Plný text ve formátu PDF