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

Pratt, David (2005) A CRITICAL REVIEW OF THE USEFULNESS OF SEGMENTAL REPORTING BY MAJOR INTERNATIONAL BANKS. [Dissertation (University of Nottingham only)] (Unpublished)

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Abstract

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.

Item Type: Dissertation (University of Nottingham only)
Keywords: segment reporting, banking, valuation
Depositing User: EP, Services
Date Deposited: 08 Dec 2005
Last Modified: 27 Sep 2016 05:12
URI: http://eprints.nottingham.ac.uk/id/eprint/20090

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