A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS

This study critically reviews the usefulness of segment reporting by two multinational banks using a residual earning valuation model to assess whether valuation of the individual segments of each bank is possible. The two banks selected for the study were the Royal Bank of Canada and HSBC Group Plc...

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Main Author: Pratt, David
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2005
Subjects:
Online Access:https://eprints.nottingham.ac.uk/20090/
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author Pratt, David
author_facet Pratt, David
author_sort Pratt, David
building Nottingham Research Data Repository
collection Online Access
description This study critically reviews the usefulness of segment reporting by two multinational banks using a residual earning valuation model to assess whether valuation of the individual segments of each bank is possible. The two banks selected for the study were the Royal Bank of Canada and HSBC Group Plc. Qualitative analysis of the annual reports from 1997 to 2004 for the Royal Bank of Canada and the current 2004 annual report for HSBC were used as the basis for determination. The study found that valuation using this type of model was not possible for any of the segments in any of the years studied. In addition, it was found that with respect to these two banks, comparability was a serious issue.
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spelling nottingham-200902018-03-28T05:16:39Z https://eprints.nottingham.ac.uk/20090/ A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS Pratt, David This study critically reviews the usefulness of segment reporting by two multinational banks using a residual earning valuation model to assess whether valuation of the individual segments of each bank is possible. The two banks selected for the study were the Royal Bank of Canada and HSBC Group Plc. Qualitative analysis of the annual reports from 1997 to 2004 for the Royal Bank of Canada and the current 2004 annual report for HSBC were used as the basis for determination. The study found that valuation using this type of model was not possible for any of the segments in any of the years studied. In addition, it was found that with respect to these two banks, comparability was a serious issue. 2005 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/20090/1/05MBAlixdp2.pdf Pratt, David (2005) A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS. [Dissertation (University of Nottingham only)] (Unpublished) segment reporting banking valuation
spellingShingle segment reporting
banking
valuation
Pratt, David
A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS
title A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS
title_full A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS
title_fullStr A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS
title_full_unstemmed A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS
title_short A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS
title_sort critical review of the usefulness of segmental reporting by major international banks
topic segment reporting
banking
valuation
url https://eprints.nottingham.ac.uk/20090/