文章基本信息

标题：OPERATIONAL RISK
本地全文：下载
作者：Puiu Ana Cornelia ; Radu Alina Nicoleta
期刊名称：Risk in Contemporary Economy
电子版ISSN：2067-0532
出版年度：2007
语种：English
出版社：Dunarea de Jos University of Galati
摘要：During the early part of the decade,much of the focus was on techniques for measuring and managing market risk. As the decade progressed,this shifted to techniques of measuring and managing credit risk. By the end of the decade,firms and regulators were increasingly focusing on risks "other than market and credit risk",these were call operational risks. Although the definition includes legal risk and excludes strategic and reputation risk,the Basel Committee recognizes that operational risk is a term that has a variety of meanings and therefore,banks are permitted to adopt their own definitions of operational risk.
关键词：Operational risk;advance measurement approach;loss distribution approach;frequency;severity.