straightforward solution for operational risk. Originality/value The briefing saves busy executives, strategists and researchers hours …

Purpose – Discusses the importance of a balanced approach to risk management. Design/methodology/approach – Draws on … tools and techniques, alongside more qualitative ‘right-brain’ thinking is the most effective means of developing a risk …

Purpose The purpose of this paper is to test and extend a conceptual model of risk assessment in bank lending to SMEs … factors in the external, operating and internal environments of individual banks can influence credit-risk assessment …

researchers who are interested in conducting research on risk. Findings The model can be used to frame different types of research …

Compares four risk‐adjusted performance measures and explains their importance, to banking in particular. Applies the … risk‐adjusted return on capital (RAROC) measure to five product classes at several branches of an international bank for … both exogeneous factors (e.g. trading terms). Believes that banks can improve their internal capital markets by using risk …

. Explains how the portfolios were derived on a rolling basis from the previous 30 months’ data, using four risk levels for the … optimized portfolios (OPs). Shows that as risk aversion increases for OPs, minimum returns tend to decrease but average returns …

pattern of managerial pay. It may also explain risk‐taking behavior by mutual fund managers. We use data from the PGA tour to … examine the pattern of risk‐taking by professional golfers in an explicit tournament. The PGA tour provides a natural …

and capital market between 1980 and 1992. Develops a mathematical, multi‐factor, risk‐return model and applies it to Greek … economic environment and links risk premia to macroeconomic factors, although it lacks intertemporal stability.  …