top of page
  • Photo du rédacteurHélène Dufour

The information value of past losses in operational risk

"We show that past #operationalrisk losses are informative of future losses, even after controlling for a wide range of financial characteristics. We propose that the information provided by past losses results from their capturing hard-to-quantify factors such as the quality of operational risk controls, the #riskculture and the #riskappetite of the #bank."


0 vue0 commentaire

Posts récents

Voir tout
bottom of page