Banking Principles and Practice, Vol. 3 of 5 - Softcover

Ray B. Westerfield

 
9781330398104: Banking Principles and Practice, Vol. 3 of 5

Synopsis

In this comprehensive book, the author provides a detailed insight into the principles and practices of banking administration. The text delves into the division of authority and responsibility among the shareholders, directors, president, and cashier, who collectively manage this institution. The author examines the legal and other qualifications for the aforementioned parties, elucidating upon their powers and liabilities in the eyes of the law. The crucial role of directors as trustees for shareholders and their duty to supervise the bank's operations is thoroughly discussed. The book also explores the various departments within a bank and their functions. It analyzes the departmentalization of tasks, tracing it to the inherent need for organizing the diverse operations involved. The text further evaluates the methods and systems of management adopted by banks, highlighting the advantages and criticisms associated with each. The work concludes by reiterating the significance of well-organized management in the banking industry. It underscores the need for cooperation among personnel and harnessing collective expertise through committees. Through its comprehensive analysis, this book serves as an indispensable guide for those seeking a thorough understanding of banking administration.

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Other Popular Editions of the Same Title

9780483120112: Banking Principles and Practice, Vol. 3 of 5 (Classic Reprint)

Featured Edition

ISBN 10:  0483120111 ISBN 13:  9780483120112
Publisher: Forgotten Books, 2018
Hardcover