Leippold, Markus; Doebeli, Babara; Vanini, Paolo - Institut für Schweizerisches Bankwesen <Zürich>; … - 2003
In this paper operational risk are considered from a purely business or profitability point of view. We show for … quantifiable operational risk that the three basic figures for profitability management - value, costs and risks - can be modelled … such that an integrative point of view on profitability on the value chain is possible. We then specify the general dynamic …