Corporate and Operational risk: Difference between pages

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1.
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.  


''Noun''. A non-financial business organisation usually, but not always, being a [[company]] (US: [[corporation]]).
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.
 
 
2.
 
''Banking''.
 
A bank customer which is a non-bank business, and not a private individual.
 
 
3.
 
''Adjective''.
 
Relating to a large organisation, often a profit seeking organisation (including banks and other financial institutions).
 
 
4.
 
''Adjective''.
 
Relating to the more formal (or even bureaucratic) aspects of large profit seeking organisations.




== See also ==
== See also ==
* [[Company]]
* [[Business risk]]
* [[Corporate treasury]]
* [[Big data]]
* [[Financial risk]]
* [[Guide to risk management]]
* [[Legal risk]]
* [[Market risk]]
* [[Unrewarded risk]]
* [[Rewarded risk]]


[[Category:The_business_context]]
[[Category:Manage_risks]]

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.


See also