This paper addresses operational risk as a fundamental risk type faced by banks in emerging and developed economies. We explore several models to specify the marginal and joint distributions of the ...

In the loss distribution approach (LDA), the most widely used approach of operational risk measurement, the modeling dependencies across different risk cells have been extensively studied. However, it ...

Measuring risk is an important managerial task that affects the continued well-being of businesses. One method for monitoring risk is the balanced scorecard approach, which contains performance ...

This episode is available to stream on-demand. This episode delves into the intricacies of measurement and reporting methodologies, offering insights and strategies to empower data center ...