This paper considers some univariate and multivariate operational risk models, in which the loss severities are …

This paper presents a methodology to calibrate the distribution of losses observed in operational risk events. The …

activities as a natural experiment, we show that banks' business complexity increases their operational risk. This result is …

We study earnings per share (EPS) forecast revision and accuracy of banking analysts around operational risk event … announcements in U.S. banks. We find that first announcements of operational risk events are more informative than their settlement … announcements. Optimistic banking analysts revise their forecasts downward more aggressively around operational risk disclosures …

, credit risk, liquidity risk and operational risk. Findings The study results showed that good corporate governance … implementation in Indonesia was able to influence bank risk. There were differences in credit risk, liquidity risk and operational … risk in banks with different governance ratings, but not at market risk. Originality/value The effectiveness of risk …

Operational risk management remains a major concern for financial institutions. Indeed, institutions are bound to …