TY  - JOUR
AB  - This paper presents the findings of a survey of UK banks and building societies undertaken to understand management’s reasons behind their decisions about capital. The survey shows that: (a) firms use different approaches to form their views about “desired” capital; (b) the main factors explaining the level of a firm’s desired capital are financing the firm’s long‐term business strategy and FSA’s capital requirements; (c) actual capital usually exceeds firms’ desired capital; (d) a change in a firm’s individual capital requirements is likely to lead to a change in its desired capital in the medium term. The paper reflects the authors’ views and not the corporate views of the FSA.
VL  - 12
IS  - 3
SN  - 1358-1988
DO  - 10.1108/13581980410810830
UR  - https://doi.org/10.1108/13581980410810830
AU  - Alfon Isaac
AU  - Argimon Isabel
AU  - Bascuñana‐Ambros Patricia
PY  - 2004
Y1  - 2004/01/01
TI  - Management views about desired capital: The case of UK banks and building societies
T2  - Journal of Financial Regulation and Compliance
PB  - Emerald Group Publishing Limited
SP  - 263
EP  - 274
Y2  - 2024/04/16
ER  -