evidence. The relationship between banking organization growth and operational risk varies by loss event types and balance … sheet categories. We demonstrate that higher growth predicts worse operational risk realizations during the global financial …

incentive bonuses to a team of employees, who would thus exert effort to reduce operational risk losses. We characterize … effort may not always increase in the expected operational risk losses or incentive-bonus rate, and the effort decision is … operational-risk dataset from our bank collaborator, and discuss the nonlinear incentive contract. We find the nonlinear contract …

Operational risk has been among the three most significant types of risks in the financial services industry, and its …' operational risk event occurrence. To achieve this goal, we use a unique data set from a commercial bank in China that contains 1 …,441 operational risk events over 16 months. We find that workload has a U-shaped impact on operational risk error rate. More …

This paper proposes an alternative framework to set banks’ operational risk capital, which allows for forward … vulnerability to gaming of the AMA and the lack of risk-sensitivity of BCBS’s new standardized approach for operational risk …