...Jeremy Scott The calculation of economic capital in its entirety has, until recently, been complex. But increasingly it has become a risk‐management system across entire groups. The author looks at how it can be done and analyses the advantages it creates. © MCB UP Limited 2002 Companies...

...Julian Leake Demonstrates complete overview of risk‐adjusted performance measurement (RAPM) and how it can be a key management tool – particularly when combined with an economic capital allocation framework. Discusses RAPM and how it would enable senior management to allocate economic capital more...

... methods for relating risk to capital, similar to the framework outlined in the recommendations. Looks at applications of economic capital and explores how these can be used to improve management decision making. Sums up that the need for financial institutions to design and implement what is required...

... on reform of the Basle Accord. Here he assesses the proposed reforms and suggests that, whatever is finally agreed, the emphasis of world banking will never be the same again THE BASLE ACCORD of 1988 established common capital adequacy standards for internationally active banks, particularly with respect...