Operational risk: Difference between revisions
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imported>Doug Williamson (Link with Market risk page.) |
imported>Doug Williamson (Link with Legal risk page.) |
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* [[Financial risk]] | * [[Financial risk]] | ||
* [[Guide to risk management]] | * [[Guide to risk management]] | ||
* [[Legal risk]] | |||
* [[Market risk]] | * [[Market risk]] | ||
* [[Unrewarded risk]] | * [[Unrewarded risk]] | ||
Revision as of 09:02, 26 October 2015
Operational risk is the risk of adverse effects resulting from inadequate or failed internal processes, people and systems and / or external events such as adverse changes to the economic environment.
Investors in companies generally expect the Board to mitigate or minimise these risks, to ensure that they cause as little harm as possible to the organisation.
