We introduce a new performance scheme for banks, inspired by the Du Pont scheme for corporates, which clarifies the relationship between return on equity (ROE), risk-adjusted return on capital (RAROC) and return on assets (ROA). The scheme highlights how common financial ratios as well as risk...

Plant managers generally have no direct marketing responsibilities, but they have control over product quality and customer service. I hypothesize that many firms evaluate these managers on profit since sales, a component of profit, convey information on plant manager’s performance on product...

Für die Ermittlung der ökonomischen Performance sind in der Vergangenheit zahlreiche Modelle entwickelt und erweitert worden. Heutzutage ist unter anderem die Berücksichtigung des Risikos obligatorisch. Dennoch beinhalten diese Modelle bei genauerer Betrachtung Unzulänglichkeiten. Und genau...