Prinzipien gelenkt, wie in Zukunft das Risikomanagement, die interne Banksteuerung und die Bankenaufsicht reformiert und auf die …

present volume look with critical eyes on financial theories, supervisory structures, (mis)pricing of risk and distorted … incentives, risk management models and procedures, conflicts of interest and bank strategies. Their perspectives are quite …

Risikomanagement der operationellen Risiken dürfte in Zukunft ein entscheidender Wettbewerbsfaktor sein. Im Rahmen der Neuregelung der … bankaufsichtsrechtlichen Vorgaben gemäß Basel II werden sowohl eine Eigenkapitalunterlegung als auch qualitative Vorgaben zum Risikomanagement … dieser Risikoklasse neu eingeführt. Erklärtes Ziel ist es, Anreize für ein verbessertes Risikomanagement zu setzen. Die …

results proved a heavy-tailed pattern of operational risk data consistent with the results documented by other researchers in … from emerging markets such as Central Europe are exposed to these operational risk events and that successful estimates of … the likely distribution of these risk events can be derived from more mature markets. …

borrowing that comes under laissez-faire. Effective regulation is beneficial even without considering systemic risk; if such … regulation also reduces systemic risk, the benefits are even larger. …

their risk-return profiles. It is expected that banks with high ratings tend to earn high expected returns for the risks … achieving risk-return efficiency. We first estimate the expected returns, risks, and financial distress risk proxy (the inverse … z-score), then apply the stochastic frontier analysis (SFA) to obtain the risk-return efficiency score for each bank …