- Author
- Chłopek Piotr Stanisław (Wrocław University of Economics, Poland)
- Title
- RAROC as a Credit Risk Approach
RAROC w zarządzaniu ryzykiem kredytowym - Source
- Nauki o Finansach / Uniwersytet Ekonomiczny we Wrocławiu, 2013, nr 3 (16), s. 64-76, rys., tab., bibliogr. 27 poz.
Financial Sciences / Uniwersytet Ekonomiczny we Wrocławiu - Keyword
- Ryzyko kredytowe, Zarządzanie ryzykiem finansowym, Rentowność, Zarządzanie ryzykiem
Credit risk, Financial risk management, Profitability, Risk management - Note
- streszcz., summ.
- Abstract
- Ryzyko kredytowe jest najpowszechniejszym rodzajem ryzyka, znanym od wielu wieków, jednak model RAROC jest nadal uważany za innowacyjny. RAROC (Risk Adjusted Return On Capital - skorygowana ryzykiem rentowność kapitału) jest odpowiedzią na zapotrzebowanie akcjonariuszy oceniających rentowność inwestycji, w szczególności maksymalizację wartości dla akcjonariuszy. Głównym celem artykułu jest przedstawienie zalet oraz ograniczeń stosowania modelu RAROC w podejściu rynkowym oraz wskazanie zagrożeń dla pośredników finansowych, którzy nie powinni polegać tylko na modelach, gdyż nawet najbardziej zaawansowane metody nie eliminują całkowicie niepewności.(abstrakt oryginalny)
Credit risk is one of the most common risks in the world, known for many centuries, but the RAROC model is quite innovative. RAROC (Risk Adjusted Return On Capital) is an answer for shareholders' need for improved performance, especially the maximization of shareholder value. The main point of this article is to show the advantages as well as the limitations of the RAROC approach on the market, with the warning that financial intermediaries cannot rely only on models and could not be sure that even the most sophisticated methods provide them with complete certainty.(original abstract) - Accessibility
- The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics - Bibliography
-
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- Cited by
- ISSN
- 2080-5993
- Language
- eng
