Operational Risk Modeling

Losses resulting from operational risk events from a complex interaction between organizational factors, personal and market participants that do not fit a simple classification scheme. Taking into account past losses (ex. Barings, Daiwa, etc.) we can say that operational risk is a major financial l...

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Bibliographic Details
Main Authors: Gabriela ANGHELACHE, Ana Cornelia OLTEANU
Format: Article
Language:English
Published: General Association of Economists from Romania 2011-06-01
Series:Theoretical and Applied Economics
Subjects:
BIA
SA
AMA
LDA
Online Access: http://store.ectap.ro/articole/602.pdf
Description
Summary:Losses resulting from operational risk events from a complex interaction between organizational factors, personal and market participants that do not fit a simple classification scheme. Taking into account past losses (ex. Barings, Daiwa, etc.) we can say that operational risk is a major financial losses in the banking sector, although until recently have been underestimated, considering that they are generally minor, note setting survival of a bank.
ISSN:1841-8678
1844-0029