The Banking Business: The Governing Body and the Operational Structure

Vincenzo Formisano
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Vincenzo Formisano: University of Cassino

Chapter 3 in Non-Knowledge Risk and Bank-Company Management, 2016, pp 50-83 from Palgrave Macmillan

Abstract: Abstract Systemic thought and its formalization in a general systems theory had a significant influence in all disciplines, and therefore also does so in the one that has the banking business as the object of investigation. It has been decided to associate with the company the qualification of system in relation to the following conditions: a) The presence of multiple components, both of tangible or intangible nature. b) The interdependence and communication among these components (the principle of interdependence and communication). c) The start-up of the relations in order to achieve the goals and objectives of the system (the principle of communion towards a purpose).

Keywords: Credit Risk; Operational Structure; Market Risk; Governing Body; Business System (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-1-137-49713-0_3

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DOI: 10.1057/9781137497130_3

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