Management of railway earthworks for adverse weather: Operational risk management as part of the wider asset management approach

2013 ◽  
Author(s):  
T. Wilcock ◽  
J. Mian ◽  
M. Niewiarowski
Keyword(s):  
Risk Management ◽  
Asset Management ◽  
Operational Risk ◽  
Management Approach ◽  
Operational Risk Management ◽  
Adverse Weather

Institutionalizing Operational Risk Management: An Empirical Study

2014 ◽  
Vol 29 (1) ◽  
pp. 59-72 ◽  
Author(s):  
Carol Hsu ◽  
James Backhouse ◽  
Leiser Silva
Keyword(s):  
Risk Management ◽  
Financial Institution ◽  
Technological Development ◽  
Operational Risk ◽  
Structuration Theory ◽  
Management Approach ◽  
Operational Risk Management ◽  
Operational Risks ◽  
Role Of It

This paper examines the development of operational risk management (ORM) in a financial organization, focusing in particular on the role of IT in institutionalizing the new regime. Through an interpretive case study in a major US financial institution, the paper uses Giddens’ structuration theory to examine how it adjusts to the demands of protecting itself against new operational risks. The discussion and results of our study are expressed in three propositions: (1) the regulatory context and technological development affect the shape and the outcome of ORM; (2) implementing ORM is a process of reflexive monitoring and transforming organizational practices in a financial institution; (3) the role of IT in ORM is contingent on the extant organizational structure and on the choice of risk management approach.

Modeling correlated frequencies with application in operational risk management

2015 ◽  
Vol 10 (1) ◽  
pp. 1-43 ◽  
Author(s):  
Andrei L. Badescu ◽  
Lan Gong ◽  
X. Sheldon Lin ◽  
Dameng Tang
Keyword(s):  
Risk Management ◽  
Operational Risk ◽  
Operational Risk Management

Maritime operational risk management using dynamic barriers

2021 ◽  
pp. 1-15
Author(s):  
Kristian Bertheussen Karolius ◽  
George Ad. Psarros ◽  
Ole Christian Astrup ◽  
Qin Liang ◽  
Clayton Van Welter ◽  
...  
Keyword(s):  
Risk Management ◽  
Operational Risk ◽  
Operational Risk Management
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