Quantification of Operational Risk under Basel II [electronic resource] : The Good, Bad and Ugly /
Moosa, I.author.
The book presents arguments that are critical of the Basel II Accord, particularly the advanced measurement approach to operational risk. It is argued that the advanced measurement approach is not viable in terms of costs and benefits and is likely to distract financial institutions from the real task of managing operational risk.
Description based upon print version of record.
Cover; Contents; List of Figures; List of Tables; Preface; List of Acronyms; 1 Preliminary Concepts and Issues; 2 From Basel I to Basel II: A Great Leap Forward?; 3 Operational Risk: Definition, Features and Classification; 4 The Advanced Measurement Approach to Operational Risk; 5 Theoretical and Empirical Studies of Operational Risk; 6 Monte Carlo Simulation: Description and Examples; 7 Operational Risk: Where Do We Stand?; References; Index
Includes bibliographical references (p. 251-263) and index.
The book presents arguments that are critical of the Basel II Accord, particularly the advanced measurement approach to operational risk. It is argued that the advanced measurement approach is not viable in terms of costs and benefits and is likely to distract financial institutions from the real task of managing operational risk.
Risk management.
Accounting.
Bookkeeping .
Banks and banking.
Capital market.
Corporations-Finance.
Economics.
Management science.
Risk Management.
Accounting/Auditing.
Banking.
Capital Markets.
Corporate Finance.
Economics, general.