"Foreword" -- "Table of content" -- "List of Figures" -- "List of Tables" -- "List of Abbreviations" -- "List of Symbols" -- "1 Fundamentals" -- "2 Risk measurement and risk analysis" -- "3 Risk control" -- "4 Financial risks" -- "5 Performance risks" -- "6 Risk controlling" -- "7...

This book is the English edition of the German third edition, which has proven to be a standard work on the subject of risk management. The English edition extends the scope of use to the English-language bachelor's and master's degree courses in economics and for potential use (especially as a...

Cover -- Contents -- List of Figures -- List of Tables -- Preface -- Acknowledgments -- Part I: Fundamentals of Operational Risk Management -- Chapter 1: Introduction to Operational Risk -- Chapter 2: The Risk Management Process -- Part II: Managing Operational Risks -- Chapter 3: Tools and...

In this paper, we propose a general modeling framework for operational risk management of financial firms. We consider operational risk events as shocks to a financial firm's value process, and then study capital investments in preventive and corrective controls to mitigate risk losses. The...