Operational risk has, in a relatively short period of time, risen from non‐recognition to
prominence as the culprit for spectacular corporate collapses. This paper surveys the …

Implementing a properly functioning enterprise risk management (ERM) programme has
become increasingly important for insurance companies. Unlike traditional risk management …

The operational continuity of a business process is an important performance indicator that
contributes to the perceived quality of service delivery, hence it is important to understand …

This paper investigates the generalized parametric measurement methods of aggregate
operational risk in compliance with the regulatory capital standards for operational risk in the …

Purpose–Amid increased size and complexity of the banking industry, operational risk has a
greater potential to occur in more harmful ways than many other sources of risk. This paper …

This paper presents an event study analysis of the market value impact of operational risk
events on non-announcing firms in the US banking and insurance industries. We seek …

The move of international banking supervision away from rigid controls towards market
discipline, prudential oversight and risk-based capital guidelines has widened the scope of …

Among all the different types of risks that can affect financial companies, the operational risk
can be the most devastating and the most difficult to anticipate. The management of …

Amid increased size and complexity of the banking industry, operational risk has a greater
potential to transpire in more harmful ways than many other sources of risk. This paper …

Risk management is integral to a bank's operations. It involves integrating risk management
practices into the processes, systems and culture of the institution. Financial institutions face …