Basel III: Impact of the New Banking Supervision Law on SMEs

Books

Oliver Everling and Rainer Langen (publisher): Basel III: Effects of the New Banking Supervision Law on the Mittelstand, Bank-Verlag GmbH, 1st Edition Cologne 2013, 199 pages, Art. 22486-1300, ISBN 978-3-86556-354-5.

The book is aimed in particular at the corporate clients of banks who, as with Basel II, are now asking about the consequences of Basel III for optimizing their financing.

The book follows the concept of a collage of papers, statements, and numerous advice – loosened up by interviews – and shows various different perspectives and concrete practical solutions for future SME financing, which should lead to a successful cooperation of entrepreneurs and investors.

The content is structured as follows:

  • General: Regulatory changes – from Basel II to Basel III
  • Bank overview: How is lending policy changing in competition?
  • Entrepreneurship: Consequences in SME financing
  • Solutions at the interface of corporate account managers and entrepreneurs
  • Tips for entrepreneurs (financing, bank discussion, rating process)
  • Special topics (real estate, Austria)

Oliver Everling und Rainer Langen (Herausgeber): Basel III: Auswirkungen des neuen Bankenaufsichtsrechts auf den MittelstandBank-Verlag GmbH, 1. Auflage Köln 2013, 199 Seiten, Art.-Nr. 22.486-1300, ISBN 978-3-86556-354-5.

Transparency Rating: Paths to Efficient Analysis and Valuation of Corporate Accounting

Books

Oliver Everling, Peter Schaub and Rolf Stephan (publisher): Transparency Rating: Paths to Efficient Analysis and Valuation of Corporate Accounting (German Edition), Gabler Verlag – Springer Fachmedien Wiesbaden GmbH, http://www.gabler.de/, 242 pages , Wiesbaden 2012, ISBN 978-3-8349-3365-2.

The contributions of the anthology revolve around the financial reporting of companies from the different perspectives of the authors. The authors not only outline challenges and issues, but also present solutions to increase the transparency and efficiency of corporate accounting, as well as their rating and assessment through systematic rating.

By linking the idea to the idea of comparing and classifying alternatives, the reader should be offered a publication that is scientifically sound, but rather as a practice-oriented compendium with concrete benefits in terms of the links between financial communication, accounting, and company management.

Oliver Everling, Peter Schaub und Rolf Stephan (Herausgeber): Transparenzrating: Wege zur Effizienten Analyse und Bewertung der Rechnungslegung von Unternehmen (German Edition), Gabler Verlag – Springer Fachmedien Wiesbaden GmbH, http://www.gabler.de/, 242 Seiten, Wiesbaden 2012, ISBN 978-3-8349-3365-2.

Financial Communication: Opportunities Through Credit Mediation

Books

Frank Armbruster, Oliver Everling and Rainer Langen (publisher): Financial Communication: Opportunities through Credit Mediation, Bank-Verlag Medien GmbH, http://www.bank-verlag-medien.de/, Cologne 2011, Art. 22,474-1100, ISBN 978-3-86556-262-3.

At the end of 2009, the Federal Government of Germany decided to commission a credit intermediary with the implementation of the credit intermediation procedure. Since then, a number of different private-sector offers have been established on the market – all with the aim of building bridges of understanding between entrepreneurs and banks, overcoming misunderstandings in communication and providing solutions for goal-oriented cooperation in financing issues. Credit mediation should help to improve the supply of the middle class with credits. Credit mediators are independent mediators between the financial and real economy.

Proper financial communication is an essential part of successful corporate governance. Because good financial communication promotes the growth potential of a company and the associated employment effects. The bank does not know how the individual entrepreneur is “ticking”. The best way to solve this problem is to create a win-win situation for the bank and the entrepreneur. The loan mediator will help prepare for the bank conversation, analyze business models or provide public support programs.

Frank Armbruster, Oliver Everling und Rainer Langen (Herausgeber): Finanzkommunikation: Chancen durch Kreditmediation, Bank-Verlag Medien GmbH, http://www.bank-verlag-medien.de/, Köln 2011, Art.-Nr. 22.474-1100, ISBN 978-3-86556-262-3.

Rating Software

Books

Werner Gleißner, and Oliver Everling (publisher): Rating Software. Which Products Are Used by Whom ?, Verlag Franz Vahlen, http://www.vahlen.de, Munich 2007, 448 pages, ISBN 978-3-8006-3248-0.

For many medium-sized companies, the question of improving their own rating results is currently being raised, even if they want to compete for debt capital in the future after the Basel consultation paper comes into force in 2006. For this purpose, a variety of rating software offers already exist on the market.

However, as a rule, the software application does not provide sufficient transparency as to which evaluation methods and weighting of the partial results are carried out. Therefore, it makes sense to use a decision support in the choice of rating software and to evaluate the software used accordingly.

In Part I of the book, based on the methodology and the requirements of a rating based on the Basel II Accord, the requirements for a rating software are described by the publishers and their evaluation criteria are presented. In addition, the design variants of the software are systematized. Furthermore, the state and development tendencies of this expanding field of application are shown.

In Part II, well-known authors from the rating advisory sector compare and rate the rating software products available on the market. In doing so, both the scope and the system of presentation are strictly defined for the individual contributions in order to make the comparative assessment objective.

Parts III and IV present various rating software systems, highlighting both bank-specific features and the application of the software and concrete experience reports.

The book is best for specialists and executives of medium-sized companies, credit institutions, tax consultants, auditors and management consultancies.

Werner Gleißner, und Oliver Everling (Herausgeber): Rating-Software. Welche Produkte nutzen wem?, Verlag Franz Vahlen, http://www.vahlen.de, München 2007, 448 Seiten, ISBN 978-3-8006-3248-0.

Succession Rating

Books

Ann-Kristin Achleitner, Oliver Everling and Stefan Klemm (publisher): Successor Rating: Rating as an Opportunity for Company Succession: Rating as an Instrument of Medium-sized Company Succession, Betriebswirtschaftlicher Verlag Th. Gabler, Wiesbaden 1st edition January 2006, http://www.gabler-verlag.de, hardcover, 366 pages, ISBN 3-409-14327-0.

The topics “medium-sized business succession” and “rating” are closely interwoven. At the latest when the bank adapts the credit terms with the reference to the age and the unresolved succession question of the entrepreneur to the increased credit default risk from their point of view, it is worth analyzing the underlying relationships.

Basel II motivates banks to adjust the loan terms to the respective risk assessment of the borrower. At the same time, banking supervision does not stick to qualitative direction. Rather, it is precisely prescribed with how much equity the bank has to deposit loans of different risk classes. In addition, Basel II provides guidelines for the design of bank-internal rating systems.

The systematic recording and evaluation of factors such as an “existing emergency planning” or “existing succession planning” are the consequence. A lack of succession planning leads more frequently than before Basel II to significantly worse credit conditions up to the refusal of credits. Even the good personal relationship with the corporate customer service can not help here.

With the concretization of the Basel II guidelines by the banks and thus systematization of the evaluation of the credit risk, the leeway of the account managers disappears. Here we see a focus of the editorial volume – with up-to-date reference and direct assistance for the concerned entrepreneur. The present book shows internal views of the bank’s internal rating. The underlying regulations are presented and explained in detail. It will be shown where creative leeway opens up and how individual banks implement the requirements. This explanatory information is followed by concrete help for the entrepreneur. In doing so, the relation to succession is always established and the meaning of the controlled succession planning as an input parameter of the rating is reflected.

Ann-Kristin Achleitner, Oliver Everling und Stefan Klemm (Herausgeber): Nachfolgerating: Rating als Chance für die Unternehmensnachfolge: Rating als Instrument der mittelständischen Unternehmensnachfolge, Betriebswirtschaftlicher Verlag Dr. Th. Gabler, Wiesbaden 1. Auflage Januar 2006, http://www.gabler-verlag.de, gebundene Ausgabe, 366 Seiten, ISBN 3-409-14327-0.

Start-up Rating

Books

Ann-Kristin Achleitner and Oliver Everling (Publisher): Start-up Rating: Rating of Young Companies (German Edition), Betriebswirtschaftlicher Verlag Th. Gabler, Wiesbaden 1st edition August 2004, http://www.gabler-verlag.de, hardcover, 516 pages, ISBN 3-409-12572-8.

The classification of the future opportunities of a start-up project by rating – presentation of the business fields, products and services, the prognosis of the incomes and expenditures, the calculation of essential characteristic numbers and the evaluation of financing instruments up to the description of expected market developments – help the company founder to understand his chances and properly evaluate his enterprise. A good rating result provides support in negotiations with investors.

This practice-oriented book goes a long way from the consideration of the rating events, rating instruments to the concrete benefit of the rating for start-ups. It also offers recommendations for action to improve the rating result and includes reports from successful start-up founders.

Professor Dr. Ann-Kristin Achleitner is holder of the KfW Endowed Chair for Entrepreneurial Finance and Scientific Director of the Center for Entrepreneurial and Finance Studies at the Technical University of Munich, Honorary Professor at the European Business School and Privatdozentin for Finance and Accounting at the University of St. Gallen.

Dr. Oliver Everling is the founder and owner of Everling Advisory Services, Frankfurt am Main, a provider of consulting services, publications and rating events. He is the publisher and author of numerous books and specialist articles on rating.

Ann-Kristin Achleitner und Oliver Everling (Herausgeber): Existenzgründerrating: Rating junger Unternehmen (German Edition), Betriebswirtschaftlicher Verlag Dr. Th. Gabler, Wiesbaden 1. Auflage August 2004, http://www.gabler-verlag.de, gebundene Ausgabe, 516 Seiten, ISBN 3-409-12572-8.