Operational risk: Difference between revisions
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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. | 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. | ||
== See also == | == See also == | ||
* [[Business risk]] | * [[Business risk]] | ||
[[Category:Business_and_Operational_Risk]] | |||
Revision as of 11:57, 9 October 2013
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.
