Optimal Capital Allocation Using RAROC and EVA

By Neal M. Stoughton, Josef Zechner. 2007

141 citations recorded by the source corpus.

Subfields: Finance, Management Science and Operations Research

View Paper: https://www.semanticscholar.org/paper/4f3a734c620fc58397c8c216901dfb3d7c573498

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Finance

1. Arnaud de Servigny
2. Shelagh A. Heffernan
3. Olivier Renault
4. X. Fu
5. Yong Tan

In Management Science and Operations Research

1. X. Fu
2. Olivier Renault
3. Arnaud de Servigny
4. Shelagh A. Heffernan

Citations in the corpus

• Measuring and Managing Credit Risk (2004, background): “Stoughton and Zechner (1999) study the impact of asymmetric information between the headquarters of the bank and its divisional managers on optimal capital allocation.”
• Determinants of financial performance in Chinese banking (2010, background): “Stoughton and Zechner (2007) supply the economic foundations for EVA, developing a theoretical model of optimal capital allocation with asymmetric information, and extend it to a multi-divisional firm, where managers are assessed based on the value they add to the firm.”