REPUTATIONAL AND OPERATIONAL RISKS IN EUROPEAN BANKS

Roxana Herghiligiu and Vasile Cocriș
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Roxana Herghiligiu: Alexandru Ioan Cuza University of Iasi, Romania
Vasile Cocriș: Alexandru Ioan Cuza University of Iasi, Romania
Authors registered in the RePEc Author Service: Vasile Cocris

SEA - Practical Application of Science, 2014, issue 4, 575-578

Abstract: In the past 20 years operational and reputational risk has become more intriguing due to the public scandals of rogue tranding in banks like Barings Bank, Allied Irish Banks, Enron. The purpose of this study is to find the connections between operational risk and reputational risk. Our research shows that there may be a loss of reputation due to operational loss events. Moreover, every type of operational risk, from internal fraud, external fraud, legal and liability losses, processing errors, information security breaches, inappropriate business practice, physical security breaches conduct to a loss of reputation. The limitations of this paper are represented by the fact that do not have enough data to show the real impact of the reputation risk to the financial results of the European Banks.

Keywords: Operational risk; Reputational risk; Banks; Losses; Basel Committee (search for similar items in EconPapers)
JEL-codes: G21 G32 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2014:i:4:p:575-578

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