Theoretical and Applied Economics
No. 6 / 2011 (559)
Operational Risk Modeling
Bucharest Academy of Economic Studies
Ana Cornelia OLTEANU
Bucharest Academy of Economic Studies
Abstract. Losses resulting from operational risk events from a complex interaction between organizational factors, personal and market participants that do not fit a simple classification scheme. Taking into account past losses (ex. Barings, Daiwa, etc.) we can say that operational risk is a major financial losses in the banking sector, although until recently have been underestimated, considering that they are generally minor, note setting survival of a bank.
Contents
The Impact of Sovereign Credit Ratings on the Issuance of Government Bonds in Central and Eastern Europe
Optimal Licensing Contracts with Adverse Selection and Informational Rents
Morality, Ethics and True Image in Business Accounting
Intra-Industry Trade in Tourism Services
Operational Risk Modeling
Trends in Trade and Investment Flows between the EU and the BRIC Countries
The Evaluation of the Competitiveness State of Manufacturing Companies in Romania – an Approach According to Mereuţă Model
The Birth of the Regulated Company in the Macroeconomic Environment
FDI in the Service Sector – Propagator of Growth for India?
The Economic Theory and the Global Crisis, between Theoretical Solutions and the Economic Reality