Journal of Operational Risk最新文献_第4页

Extreme value theory for operational risk in insurance: a case study 保险操作风险的极值理论:个案研究

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2021-01-01 DOI: 10.21314/jop.2021.011

M. Vyskočil, Jiří Koudelka

引用次数: 0

Enterprise risk management and firm performance: evidence from Malaysian nonfinancial firms 企业风险管理与企业绩效:来自马来西亚非金融企业的证据

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2021-01-01 DOI: 10.21314/jop.2021.009

A. Shahrin, A. Ibrahim

引用次数: 1

Risk disclosures in annual reports: the role of nonfinancial companies listed on the Athens stock exchange 年度报告中的风险披露:在雅典证券交易所上市的非金融公司的作用

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2021-01-01 DOI: 10.21314/jop.2021.006

F. Gonidakis, Andreas G. Koutoupis, Panagiotis Kyriakogkonas, Grigorios Lazos

引用次数: 0

The role of management accounting practices in operational risk management: the case of Palestinian commercial banks 管理会计实务在操作风险管理中的作用:巴勒斯坦商业银行的案例

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2021-01-01 DOI: 10.21314/jop.2021.012

Hind Muhtaseb, Derar Eleyan

引用次数: 0

Risk Governance, Market Competition and Operational Risk Disclosure Quality: A Study of the ASEAN-5 Banking Sector 风险治理、市场竞争与操作风险披露质量:基于东盟五国银行业的研究

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2020-11-03 DOI: 10.21314/jop.2021.004

Etikah Karyani, O. Kolade, Setio Anggoro Dewo

{"title":"Risk Governance, Market Competition and Operational Risk Disclosure Quality: A Study of the ASEAN-5 Banking Sector","authors":"Etikah Karyani, O. Kolade, Setio Anggoro Dewo","doi":"10.21314/jop.2021.004","DOIUrl":"https://doi.org/10.21314/jop.2021.004","url":null,"abstract":"This paper investigates the impact of risk governance and market competition on banks’ operational risk disclosure (ORD) quality (total and voluntary) in the Association of Southeast Asian Nations (ASEAN-5) banking sector. Using 285 firm-year observations encompassing the period 2010–14 for risk governance indexes, we investigate the moderating effects of market competition, relative to total risk governance practices, on banks’ ORD quality. The results of our panel data analysis show that there is a substitution effect of competition, which could reduce the adverse consequences of weak risk governance practices. However, governance factors – such as the chief risk officer’s (CRO’s) role and independence, and the risk communication system – decrease voluntary ORD quality. These findings have implications for the role of the financial regulator in using market competition as an effective mechanism to replace banks’ weak risk governance, thus encouraging banks to improve their ORD quality. This study contributes to existing knowledge by providing new empirical insights into ongoing debates about the complementary or substitutionary role of competition policies and corporate governance practices.","PeriodicalId":54030,"journal":{"name":"Journal of Operational Risk","volume":"29 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2020-11-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87804649","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

A Regime-Switching Factor Model for Mean–Variance Optimization 均值-方差优化的状态切换因子模型

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2020-04-28 DOI: 10.21314/jor.2020.432

Giorgio Costa, R. Kwon

引用次数: 4

The Spillover Effect of the Bangladesh Bank Cyber Heist on Banks’ Cyber Risk Disclosures in Bangladesh 孟加拉国银行网络抢劫对孟加拉国银行网络风险披露的溢出效应

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2020-04-04 DOI: 10.21314/JOP.2020.249

M. Mazumder, A. Sobhan

{"title":"The Spillover Effect of the Bangladesh Bank Cyber Heist on Banks’ Cyber Risk Disclosures in Bangladesh","authors":"M. Mazumder, A. Sobhan","doi":"10.21314/JOP.2020.249","DOIUrl":"https://doi.org/10.21314/JOP.2020.249","url":null,"abstract":"Bangladesh Bank (BB), the central bank of Bangladesh, experienced a highly organized cyber heist in February 2016 that seriously impaired the legitimacy of the cyber security systems of the country’s overall banking sector. This study examines the spillover effect of that cyber heist on the cyber risk disclosures of the banking sector in Bangladesh. Building on institutional theory, we propose that in emerging markets, after a notable cyber heist experienced by the country’s central bank, the banking sector of the country tends to increase cyber risk disclosures as an institutional strategy to regain legitimacy. Analyzing the disclosures in the annual reports of 38 commercial banks from 2014 to 2018, we find that banks’ cyber risk disclosures significantly increased after the BB cyber heist.We also find that the political embeddedness of the banks and their adherence to Islamic Shariah negatively influence a bank’s tendency to use cyber risk disclosures as a legitimacy-regaining strategy after the heist. Our institutional perspective offers new insights into why the banks in an emerging country engage more in cyber risk disclosures after such an atrocious cyber attack.","PeriodicalId":54030,"journal":{"name":"Journal of Operational Risk","volume":"64 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2020-04-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74098639","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

The Impact of Culture Upon Operational Risk Management Guidelines in the Banking Sector of Selected Asian Countries 文化对部分亚洲国家银行业操作风险管理指引的影响

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2020-02-18 DOI: 10.21314/JOP.2020.248

M. Mocanu

{"title":"The Impact of Culture Upon Operational Risk Management Guidelines in the Banking Sector of Selected Asian Countries","authors":"M. Mocanu","doi":"10.21314/JOP.2020.248","DOIUrl":"https://doi.org/10.21314/JOP.2020.248","url":null,"abstract":"For banks, operational risk losses are likely to have a significant impact not only on their financial condition, but also on their reputation. This makes operational risk management (ORM) particularly important. In relation to ORM, the Basel Committee on Banking Supervision promotes a banking supervision policy based on the idea of “enforced self-regulation”. Thus, the central banks of different countries regulate ORM according to the specificities of their national banking industry. This paper tests the hypothesis that such regulatory openness results in legal texts that are highly influenced by the culture of the country in which each central bank issuing guidelines on ORM is located. The author analyzes a corpus of approximately 50 000 words that feature in ORM guidelines published in English by the central banks of China, Hong Kong, India, Indonesia, Japan, Singapore and South Korea. By applying the Kendall coefficient, the following significant correlations have been found: (a) the higher the masculinity dimension, the less clear the text; and (b) the higher the masculinity dimension, the less prescriptive the text. Moreover, our content analysis reveals that each operational risk-related item has a different weight in the guidelines of different countries. The research results should be useful to regulators looking to fine-tune their decisions in different cultural environments.","PeriodicalId":54030,"journal":{"name":"Journal of Operational Risk","volume":"87 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2020-02-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"82386433","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Difference between the Determinants of Operational Risk Reporting in Islamic and Conventional Banks: Evidence from Saudi Arabia 伊斯兰银行和传统银行操作风险报告决定因素的差异:来自沙特阿拉伯的证据

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2020-01-27 DOI: 10.21314/JOP.2019.235

Wael Hemrit

{"title":"Difference between the Determinants of Operational Risk Reporting in Islamic and Conventional Banks: Evidence from Saudi Arabia","authors":"Wael Hemrit","doi":"10.21314/JOP.2019.235","DOIUrl":"https://doi.org/10.21314/JOP.2019.235","url":null,"abstract":"In this study, we investigate the operational risk reporting practices of Islamic banking institutions (IBIs) and conventional banks (CBs) in Saudi Arabia. Moreover, we explore the joint effect of banking characteristics, corporate governance and credit rating on the informational content of operational risk disclosure (OpRiskDISC). We use content analysis to collect OpRiskDISC data from annual reports during the period 2008–15. The results for each bank type show that the enhanced OpRiskDISC in IBIs is negatively associated with the number of bank branches, the financial stability of the bank, board meeting frequency, the proportion of independent members and credit rating. The results for CBs demonstrate that a bank’s size and financial stability are positively associated with OpRiskDISC. Conversely, the OpRiskDISC level is negatively affected by board meeting frequency and the number of bank branches. For the overall sample, our empirical results show that bank size, compliance with Sharia requirements and board size have a positive, significant effect on OpRiskDISC, while the number of bank branches and the proportion of independent members on the board have a negative, significant relationship with the disclosure level.","PeriodicalId":54030,"journal":{"name":"Journal of Operational Risk","volume":"18 1","pages":""},"PeriodicalIF":0.5,"publicationDate":"2020-01-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86614768","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Regulatory Arbitrage in the Use of Insurance in the New Standardized Approach for Operational Risk Capital 操作风险资本新标准化方法中保险使用中的监管套利

IF 0.5 4区经济学

Journal of Operational Risk Pub Date : 2019-11-12 DOI: 10.2139/ssrn.3485866

Marco Migueis

引用次数: 1