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Operational Risks

Anja Blatter, Sean Bradbury, Pascal Bruhn and Dietmar Ernst
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Anja Blatter: Nürtingen-Geislingen University of Applied Sciences
Sean Bradbury: Nürtingen-Geislingen University of Applied Sciences
Pascal Bruhn: Nürtingen-Geislingen University of Applied Sciences
Dietmar Ernst: Nürtingen-Geislingen University of Applied Sciences

Chapter Chapter 4 in Risk Management in Banks and Insurance Companies, 2024, pp 119-126 from Springer

Abstract: Abstract Operational risk is the risk of a loss resulting from inadequate or failed internal processes, people and systems or from external events. This definition includes legal risks, but does not include strategic risk or reputational risk.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-031-42836-4_4

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DOI: 10.1007/978-3-031-42836-4_4

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