Techniki redukcji ryzyka operacyjnego

• Authors: Michał Thlon

Title variants

EN

OPERATIONAL RISK REDUCTION TECHNIQUES

• Languages of publication: PL

Abstracts

EN

Operational risk is a new area of knowledge. The phrase was first used in the 1992 COSO (The Committee of Sponsoring Organizations of the Treadway Commission) report, “Internal Control, Integrated Framework”. However, this nomenclature became widespread only after the collapse of the Barings Bank in 1995. Since then, operational risk has created a great deal of interest among scientists. The main objective of this publication is to present operational risk reduction techniques. The author introduces the most often used approaches to limiting operational risk, beginning from the simplest activities that make it possible to rationalise particular processes of the activity, through insurance and up to alternative forms of risk transfer based on captive insurance companies and financial instruments that promote the limitation of operational risk.

Keywords

EN

OPERATIONAL RISK; ALTERNATIVE RISK TRANSFER; CAPTIVE; CATASTROPHE DERIVATIVES

• Publisher: Wydawnictwo Uniwersytetu Ekonomicznego w Krakowie
• Journal: Zeszyty Naukowe Uniwersytetu Ekonomicznego w Krakowie
• Year: 2011
• Issue: 875
• Pages: 47-62

Contributors

author

Michał Thlon

• Uniwersytet Ekonomiczny w Krakowie, Katedra Rynków Finansowych, ul. Rakowicka 27, 31-510 Kraków, Poland