Bank Accounting & Finance articles from June 2006

Bank Accounting & Finance archives from June 2006

Finding the strategic capital position: how three credit unions use capital targets to influence strategic thinking.
June 1, 2006... Nearly all credit unions ("CUs") do strategic planning. It is an expectation of quality CU management. The value of these plans varies greatly but often proves that effort does pay off. CU strategic planning can be the product of a quick...

Business plans, portfolio management and Basel II: how risk measurement under Basel II affects business planning and the competitive environment.
June 1, 2006... A business plan is a formal document that quires bank management to establish the organization's mission, vision, goals, objectives, performance measures and milestones for implementing the plan. Exhibit 1 describes each of the plan's elements...

Are share repurchases effective signals to the market? How does repurchasing banking firms' long-term operating performance compare to an industry average?
June 1, 2006... Agency theory proposes that the decisions of the managers (agents) should lead to value maximization for their shareholders (principals). When faced with excess cash, managers have to choose among the various alternatives for use of the funds:...

Effects of litigation on investment returns: what were the effects on the stock prices of, first, the announcement of an investigation and, second, the announcement of a settlement?
June 1, 2006... In 2002, the New York State's Attorney General charged the world's 10 largest brokerage houses using the state s tough antifraud law, the Martin Act. New York State alleged the 10 brokerage houses for deceptively touting the quality of the...

An analysis of job stress outcomes among bank internal auditors: environmental job stressors, including politics and rewards, were more stress producing than workload stressors such as time pressure.
June 1, 2006... Bank internal auditors provide a valuable and important service for financial institutions. They typically audit their bank's branches, lending centers and the various back-office operations. As part of their jobs, these auditors document...

SEC proposes changes to executive compensation disclosure requirements: the SEC proposes improved narrative disclosure on executive compensation.(SEC Update)
June 1, 2006... The Securities and Exchange Commission (SEC) recently proposed rules that would amend the disclosure requirements for executive and director compensation, related-party transactions, director independence and other corporate governance matters...