Search results for "Risk Management"
showing 10 items of 294 documents
How Pioneering Managers Strive to Integrate Social Risk Management in Government Debt Collection
2019
This study explores risk management issues in local government-owned enterprises in accordance to the third wave of governance, organization and management logics of Public Administration: the Public Value approach. However, the coexistence between the emerging Public Value approach and the more traditional and consolidated ones is often difficult, also because of the resistance of shareholders who may not consider the management of system-level risks as a priority mission for their company. For this reason, we have analysed the strengths and weaknesses of the Traditional Approach and the New Public Management approach in the public sector management. The case study presented reveals some i…
Banking Risk Management – RCB Strategy
2013
Abstract Risk can have a significant impact on a credit institution, both as an influence that is felt in recorded direct losses, and an influence whose effects are felt on customers, staff, business partners and even the bank authority. Banking risks are those risks that banks face in implementing current operations and not only specific risks of traditional banking. Bank risk is the degree of loss suffered by a bank where the counterparty (the client) bankrupts without being able to pay its obligations to the bank. Given the experience, banks agree that the most important cause of losses was the excessive concentration of risk on a customer, industry or economic sector, a country. It is i…
New Tendencies of Management and Control of Operational Risk in Financial Institutions
2013
Abstract Nowadays, financial institutions highly recognize a great influence of effective risk management on profit abilities. Therefore risk management became an important part of the financial instrument. According to the latest researches, there still remain problems related to the management of various types of risks. For instance, the Basel Committee of the Bank of International Settlements imposes financial institutions for more intensive devoting their attention to operational risk management problems. Due to the increased intensity of performed financial operations, financial institutions became very vulnerable to operational risks. In many cases, the high level of operational risks…
Risk Management for Sovereign Debt Financing with Sustainability Conditions
2019
We develop a model of debt sustainability analysis with optimal financing decisions in the presence of macroeconomic, financial and fiscal uncertainty. We define a coherent measure of refinancing risk, and trade off the risks of debt stock and flow dynamics, subject to debt sustainability constraints and endogenous risk and term premia. We optimize both static and dynamic financing strategies, compare them with several simple rules and consol financing to demonstrate economically significant effects of optimal financing, and show that the stock-flow tradeoff can be critical for sustainability. We quantify the minimum refinancing risk and the maximum rate of debt reduction that a sovereign c…
Exchange Rate and Inflation Risk Premia in the UME
2012
This paper tests the effects of exchange rate and inflation risk factors on asset pricing in the European Union (EU) stock markets. This investigation is motivated by the results of Vassalou (2000) [Journal of International Money and Finance, 19, 433-70] showing that both exchange rate and foreign inflation are generally priced in equity returns, and the opportunity to evaluate the causality between these sources of risk after the elimination of the EU currency risks because of the adoption of the single currency. Our results show that both exchange rate and inflation risks are significantly priced in the pre- and post-euro periods. Moreover, the size of exchange rate and inflation risk pre…
Strategies for Heading Off is Project Failure
2000
Although investment in information technology and information systems continues to increase, projects continue to fail. As a result, IS projects, particularly software projects, are perceived as high risk. By categorizing types of risk, this article helps IS professionals and all project sponsors to identify classes of risk and choose the appropriate managerial behavior to mitigate each of them.
Flood proofing measures cost-efficiency analysis for hydraulic risk mitigation in an urbanized riverine area.
2020
<div> <div> <div> <p><strong>Flood proofing measures cost-efficiency analysis for hydraulic risk mitigation in an urbanized riverine area</strong></p> <p>Ugo Ventimiglia <sup>2</sup>, Angela Candela <sup>1,</sup> Giuseppe Tito Aronica <sup>2</sup></p> <p><sup>1 </sup>Department of Engineering, University of Palermo, Palermo, Italy</p> <p><sup>2 </sup>Department of Engineerin…
Masonry structures: A proposal of analytical generation of fragility functions for tsunami impact – Application to the Mediterranean coasts
2021
Abstract Evaluation of tsunami vulnerability of coastal buildings is gaining high interest in recent years in the areas with high tsunami hazard. Fragility evaluation is a fundamental step to obtain a quantitative estimation of the probability of building damage and in order to define possible strategies for risk mitigation. Several empirical fragility curves are available for masonry structures. However, an empirical fragility curve is generally based on field surveys after tsunami events, not always available. Conversely, analytical fragility curves are based on prediction approaches. In this paper, a proposal for the evaluation of analytical fragility curves for masonry structures typica…
Managing information security risks during new technology adoption
2012
Author's version of an article in the journal: Computers and Security. Also available from the publisher at: http://dx.doi.org/10.1016/j.cose.2012.09.001 In the present study, we draw on previous system dynamics research on operational transition and change of vulnerability to investigate the role of incident response capability in controlling the severity of incidents during the adoption of new technology. Toward this end, we build a system dynamics model using the Norwegian Oil and Gas Industry as the context. The Norwegian Oil and Gas Industry has started to adopt new information communication technology to connect its offshore platforms, onshore control centers, and suppliers. In oil co…