Schmidt, Reinhart
[Author]
;
European Finance Association Annual Meeting 8. 1981 Schevenigen,
European Finance Association
Coordination of bank branches under uncertainty
: paper presented at the 18. Annual Meeting of the European Finance Association on Sept., 10-12, 1981, in Scheveningen
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Media type:
E-Book;
Conference Proceedings
Title:
Coordination of bank branches under uncertainty
:
paper presented at the 18. Annual Meeting of the European Finance Association on Sept., 10-12, 1981, in Scheveningen
Description:
Bank planning models should at least meet two requirements. Firstly, the multiperiod character of most banking activities should be considered. Secondly, one should allow for the uncertainty of future events. Lots of models have been constructed fulfilling these requirements. But only in a few models the problem of the underlying organizational structure of the bank has been incorporated. This must be criticized because the success of model implementation depends upon how the formal planning model is embedded in the organization ...