This presentation provides an overview into managing operations and operational risk in commercial banks using …

Bank CEOs are held personally accountable for firms' performance, including the downside risk. Operational risk is … largely idiosyncratic and operational risk event announcements signal flaws in banks' internal control systems and ineffective … risk management. We examine the impact of operational risk event announcements on different components of U.S. banks' CEO …

Bank CEOs are held personally accountable for firms' performance, including the downside risk. Operational risk is … idiosyncratic and operational risk event announcements signal ineffective risk management. We examine the impact of operational risk … are effective in considering operational risk in designing CEO compensation, and this efficiency has improved with recent …

Operational risk is a substantial source of risk for US banks. Improving the performance of operational risk models … allows regulators to enhance their understanding of banks’ operational risk. We show that past operational losses are … information provided by past losses results from them capturing hard to quantify factors such as the quality of operational risk …

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 …

digitalization influences operational risk. Drawing upon organizational information processing theory, we propose that digitalization … reduces operational risk through internal control system quality and supply chain network (SCN) centrality. Our study also … digitalization and operational risk. Specifically, a high degree of digitalization leads to high-quality internal control systems …