Search results for "operational risk"
showing 7 items of 7 documents
The industry effect and the decision to integrate vertically in a crisis context
2019
The objective of this work is twofold: firstly, to study if the characteristics of the industry affect certain financial and strategic decisions of manufacturing firms and, secondly, to determine i...
Corruption in banks: A bibliometric review and agenda
2020
Abstract This paper is a bibliometric review of 819 articles, between 1969 and 2019, on corruption in banks. We identified six research streams: (1) the determinants of banks’ lending corruption; (2) the impact of corruption on banks’ lending and operational risk; (3) the impact of bank corruption on firms; (4) the impact of political connections on bank corruption; (5) the impact of corporate governance and regulations on bank corruption; and (6) the manipulation of the inter-bank offered rate. We recommend an anti-corruption architecture system and an extension in theoretical frameworks related to corruption in banks. We propose 20 future research questions.
Operational risk in bank governance and control: How to save capital requirement through a risk transfer strategy. Evidences from a simulated case st…
2015
Operational risk management in banking has assumed such importance during the last decade. It has become increasingly important to measure, manage, and assess the impact of operational risk in the economics of banking. The purpose of this paper is to demonstrate how an effective operational risk management provides mitigating effects on capital-at-risk in banking. The paper provides evidences that an implementation of an operational risk transfer strategy reduces bank capital requirement. The paper adopts the loss distribution approach, the Monte Carlo simulation, and copula methodologies to estimate the regulatory capital and simulate an operational risk transfer strategy in banking.
Economic Adaptation to Risky Environment in the Late Middle Ages: The Case of the "Accrues" of the Doubs in Chaussin (Jura, France) from c. 1370 to c…
2017
Located along the meanders of the Doubs, the people of Chaussin had to deal with the particular impact of the river on their environment. Due to the impact of the Little Ice Age on water levels in the area, the Doubs sometimes had special floods, which frequently changed its course from the end of the fourteenth century. As a result, some lands were absorbed, and others emerged, which were called the “accrues.” From 1377 the first observation of lost lands appears in the accounts of the castellan, in a petition from landowners who did not want to pay taxes on these fields. More than twenty years later, in the first decade of the fifteenth century, the duke of Burgundy, facing the same situa…
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…
Riska pārvaldības analīze banku sektorā Latvijas reģionā
2019
Murtuzayev P. Riska pārvaldības analīze banku sektorā Latvijas reģionā: Maģistra darbs / P.Murtuzajevs, profesors, Dr.oec. Ērika Šumilo-Rīga: Latvijas Universitāte, Uzņēmējdarbības, vadības un ekonomikas fakultāte, Globālās ekonomikas katedra Starpnozaru studijas, profesionālās uzņēmējdarbības vadības maģistra studiju programma “Starptautiskais bizness” 2019. Riska pārvaldības problēma bankās ir kļuvusi par galveno diskusiju pēc nesenajām finanšu krīzēm. Ir veikti vairāki centieni, lai uzlabotu banku riska pārvaldību un produktivitāti, tostarp ieviešot Bāzeles Vienošanās. Šī dokumenta mērķis ir izpētīt un identificēt operacionālos riskus, ar kuriem saskaras banku sektors, kā arī preventīvos…
Operating leverage and the cost of debt in European agri-food firms
2020
Aim of study: To analyse the effect that operating leverage exerts on the cost of debt of agri-food firms in Europe, both in isolation and indirectly through its other risk factors.Area of study: We used panel data made up of 18,360 European firms from 2009 to 2016 (146,880 observations).Material and methods: The data were extracted from the ORBIS database and EUROSTAT. The econometric approach was estimated by the Generalized Method of Moments.Main results: The results obtained confirm that operating leverage or cost structure, in addition to affecting the cost of debt, also affects the relationship between that cost and other sources of risk. More specifically, indebtedness, size, specifi…