Business complexity and risk management: Evidence from operational risk events in U.S. bank holding companies
Sign Up to like & getrecommendations! Published in 2021 at "Journal of Monetary Economics"
DOI: 10.1016/j.jmoneco.2020.02.004
Abstract: Abstract Recent regulatory proposals tie a financial institution’s systemic importance to its complexity. However, little is known about how complexity affects banks’ risk management. Using the 1996–1999 deregulations of U.S. banks’ nonbanking activities as a… read more here.
Keywords: risk; risk management; complexity; operational risk ... See more keywords
Mechanical-Based Approach for Operational Risk Evaluation of Water Mains in Shanghai
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Pipeline Systems Engineering and Practice"
DOI: 10.1061/(asce)ps.1949-1204.0000429
Abstract: AbstractA mechanical-based approach was applied in this study to evaluate the operational risk of water mains in the Shanghai region. First, a pipeline’s structural performance in terms of stress i... read more here.
Keywords: operational risk; mains shanghai; mechanical based; water mains ... See more keywords
The role of data analytics within operational risk management: A systematic review from the financial services and energy sectors
Sign Up to like & getrecommendations! Published in 2022 at "Journal of the Operational Research Society"
DOI: 10.1080/01605682.2022.2041373
Abstract: Abstract Operational risks are increasingly prevalent and complex to manage in organisations, culminating in substantial financial and non-financial costs. Given the inefficiencies and biases of traditional manual, static and qualitative risk management practices, research has… read more here.
Keywords: risk management; operational risk; risk; data analytics ... See more keywords
CEO-director connectedness and firm’s operational risk
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DOI: 10.1080/13504851.2021.1910126
Abstract: While internal controls are often carefully set by firm owners to manage risks, operational losses caused by errors in people and procedures could occur if board directors’ monitoring functions are... read more here.
Keywords: connectedness firm; operational risk; firm operational; director connectedness ... See more keywords
Operational Risk Evaluation of Active Distribution Networks Considering Cyber Contingencies
Sign Up to like & getrecommendations! Published in 2020 at "IEEE Transactions on Industrial Informatics"
DOI: 10.1109/tii.2019.2939346
Abstract: A deeper coupling of information and power would make active distribution networks (ADNs) evolve into typical cyber-physical systems (CPSs). The unreliability of cyber systems can affect the security of ADNs. In this article, a methodology… read more here.
Keywords: operational risk; distribution networks; adns; active distribution ... See more keywords
Operational Risk Metric for Dynamic Security Assessment of Renewable Generation
Sign Up to like & getrecommendations! Published in 2017 at "IEEE Transactions on Power Systems"
DOI: 10.1109/tpwrs.2016.2577500
Abstract: The objective of this paper is to explore the efficacy of applying risk-based security assessment (RBSA) to define reliability standards for electricity grids with high penetration of converter-interfaced generation. A novel approach to estimate the… read more here.
Keywords: generation; security assessment; operational risk; security ... See more keywords
Modeling correlations in operational risk
Sign Up to like & getrecommendations! Published in 2018 at "Acta Physica Polonica A"
DOI: 10.12693/aphyspola.133.1402
Abstract: The key demand for banks' economic capital methodology is to ensure that the model covers all relevant sources of risk in the right way. Operational risk models treat the arising losses as stochastic variables. One… read more here.
Keywords: methodology; risk; correlations operational; operational risk ... See more keywords
Development of a knowledge-based intelligent decision support system for operational risk management of global supply chains
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DOI: 10.1504/ejie.2018.089878
Abstract: This paper proposes a knowledge-based intelligent decision support system for operational risk management of global supply chains (DSSRMG), a full-phase system not yet treated in the literature. DSSRMG predicts the supply chain performance using the… read more here.
Keywords: supply; risk; system; operational risk ... See more keywords
A proposed operational risk management framework for small and medium enterprises
Sign Up to like & getrecommendations! Published in 2017 at "South African Journal of Economic and Management Sciences"
DOI: 10.4102/sajems.v20i1.1621
Abstract: Background: The gap between small and medium-sized enterprises (SMEs) and large businesses that perform risk assessment is significant. SMEs continuously face many operational risks and uncertainties in their daily operations, and these risks threaten to… read more here.
Keywords: risk; risk management; framework; operational risk ... See more keywords