Financial risk measurement is a challenging task because both the types of risk and their measurement techniques evolve … quickly. This book collects a number of novel contributions for the measurement of financial risk, which addresses partially … explored risks or risk takers in a wide variety of empirical contexts. …

Basel III regulation intent is to increase the resiliency of banks through effective risk management practices that can … reduce significant idiosyncratic operational losses. A systemic risk event that leads to significant losses in a bank holding … are evident in human error, fraud, and legal expenses that are aligned to systemic operational risk. The occurrences of …

Risk management is an ongoing process that includes several stages of mapping and identification, analysis, and … evaluation, planning, and implementation to reduce risks and ensure ongoing control. Risk management along the supply chains has … alongside the increase in complexity and frequency of risk events, leads us to the single, most prominent challenge in risk …

A challenge in enterprise risk measurement for diversified financial institutions is developing a coherent approach to … aggregating different risk types. This has been motivated by rapid financial innovation, developments in supervisory standards … risk, having Basel Pillar II of Basel implications. Second, we utilize data from major banking institutions’ loss …

Operational risk is defined as the potential losses resulting from events caused by inadequate or failed processes … company is to improve its results through its operational risk identification and evaluation. Most of Enterprise Risk … Management (ERM) scholarship has roots in the finance/risk management and insurance (RMI) discipline, mainly in the banking …

Due to the rise in the demand for information communication technologies (ICT), the need for operational risk … evaluate whether the five characteristics determined from the literature to be required for effective digital risk resilience …

assumptions alone in measuring risk. Cushioning against risk has always created a plethora of complexities and challenges; hence …, this paper attempts to analyse statistical properties of various risk measures in a not normal distribution and provide a … financial blueprint on how to manage risk. It is assumed that using old assumptions of normality alone in a distribution is not …

The purpose of this article is to show the effect of Risk Perception RP and Risk Definition RD on the Risk … June 2020, a period during the early stages of the COVID-19 pandemic. The study identified six dimensions of risk … perception and thus tested six structural models. Risk perception (ξ RP) is defined as an external latent variable in the study …

with risk measured by CVaR and additional sophisticated constraints. The cash outflow shortages are penalized in the …