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Operational Risk: A Survey

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  • Imad A. Moosa

Abstract

Operational risk has, in a relatively short period of time, risen from non‐recognition to prominence as the culprit for spectacular corporate collapses. This paper surveys the mushrooming literature on the subject, covering the definition, classification, characteristics, modeling and management of operational risk. It is concluded that operational risk is a controversial topic that will generate a significant amount of research in the years to come.

Suggested Citation

  • Imad A. Moosa, 2007. "Operational Risk: A Survey," Financial Markets, Institutions & Instruments, John Wiley & Sons, vol. 16(4), pages 167-200, November.
    • Handle: RePEc:wly:finmar:v:16:y:2007:i:4:p:167-200
    DOI: 10.1111/j.1468-0416.2007.00123.x
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    References listed on IDEAS

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    10. repec:eme:bsppss:09657960210697652 is not listed on IDEAS
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    Cited by:

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    2. Hu, Mingya & Zhang, Yongjie & Feng, Xu & Xiong, Xiong, 2024. "How technological innovation influence operational risk: Evidence from banks in China," International Review of Financial Analysis, Elsevier, vol. 95(PB).

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