scholarly journals STRATEGI PENANGANAN RISIKO OPERASIONAL PEMASARAN PRODUK TEH CELUP HIJAU WALINI PADA INDUSTRI HILIR TEH PT PERKEBUNAN NUSANTARA VIII, BANDUNG, JAWA BARAT

2019 ◽  
Vol 11 (2) ◽  
pp. 100-115
Author(s):  
Idzhar Jaya Nugraha ◽  
Akhmad Riyadi Wastra ◽  
Lilis Imamah Ichdayati
Keyword(s):  
Green Tea ◽  
Value At Risk ◽  
Operational Risk ◽  
International Market ◽  
Mitigation Strategy ◽  
Z Score ◽  
Is Strategy ◽  
Plantation Company ◽  
The One ◽  
Brand Product

Tea is an Indonesian excellent product that has been recognized worldwide. Indonesia is the seventh best tea producer which have international market potential.Therefore Tea Indonesia is expected to take advantage on existing opportunities from downstream industry of tea. The one of stated-owned plantation company who have downstream industry of tea is PT Perkebunan Nusantara VIII. Walini’s tea is a one famous brand product for this company. The development downstream industry of tea PTPN VIII is faced with yet achieved the expected sales. Amount of cost operational marketing and sales are indicated of operational risk. The objective of this study is strategy handling of marketing operational risk Walini Green tea bag product in downstream industry of tea PTPN VIII. Identification risk is first step to know the problem of marketing operational in downstream industry of tea PTPN VIII. By using Z-Score and Value at Risk (VAR) metode, it be showed the result of probability and impact of marketing operational risk. Preventif and mitigation strategy can be handling this company to growth up the expected sales.

scholarly journals STRATEGI PENANGANAN RISIKO OPERASIONAL PEMASARAN PRODUK TEH CELUP HIJAU WALINI PADA INDUSTRI HILIR TEH PT PERKEBUNAN NUSANTARA VIII, BANDUNG, JAWA BARAT

2019 ◽  
Vol 12 (1) ◽  
pp. 11-26
Author(s):  
Idzhar Jaya Nugraha ◽  
Akhmad Riyadi Wastra ◽  
Lilis Imamah Ichdayati
Keyword(s):  
Green Tea ◽  
Value At Risk ◽  
Operational Risk ◽  
International Market ◽  
Mitigation Strategy ◽  
Z Score ◽  
Is Strategy ◽  
Plantation Company ◽  
The One ◽  
Brand Product

Tea is an Indonesian excellent product that has been recognized worldwide. Indonesia is the seventh best tea producer which have international market potential.Therefore Tea Indonesia is expected to take advantage on existing opportunities from downstream industry of tea. The one of stated-owned plantation company who have downstream industry of tea is PT Perkebunan Nusantara VIII. Walini’s tea is a one famous brand product for this company. The development downstream industry of tea PTPN VIII is faced with yet achieved the expected sales. Amount of cost operational marketing and sales are indicated of operational risk. The objective of this study is strategy handling of marketing operational risk Walini Green tea bag product in downstream industry of tea PTPN VIII. Identification risk is first step to know the problem of marketing operational in downstream industry of tea PTPN VIII. By using Z-Score and Value at Risk (VAR) metode, it be showed the result of probability and impact of marketing operational risk. Preventif and mitigation strategy can be handling this company to growth up the expected sales.

scholarly journals The Quantitative Modeling of Operational Risk: Between G-and-H and EVT

2007 ◽  
Vol 37 (02) ◽  
pp. 265-291 ◽  
Author(s):  
Matthias Degen ◽  
Paul Embrechts ◽  
Dominik D. Lambrigger
Keyword(s):  
Value At Risk ◽  
Generalized Pareto Distribution ◽  
Operational Risk ◽  
Value Theory ◽  
Data Sets ◽  
Generalized Pareto ◽  
High Quantiles ◽  
Interesting Candidate ◽  
The One ◽  
Parameter Values

Operational risk has become an important risk component in the banking and insurance world. The availability of (few) reasonable data sets has given some authors the opportunity to analyze operational risk data and to propose different models for quantification. As proposed in Dutta and Perry [12], the parametric g-and-h distribution has recently emerged as an interesting candidate. In our paper, we discuss some fundamental properties of the g-and-h distribution and their link to extreme value theory (EVT). We show that for the g-and-h distribution, convergence of the excess distribution to the generalized Pareto distribution (GPD) is extremely slow and therefore quantile estimation using EVT may lead to inaccurate results if data are well modeled by a g-and-h distribution. We further discuss the subadditivity property of Value-at-Risk (VaR) for g-and-h random variables and show that for reasonable g and h parameter values, superadditivity may appear when estimating high quantiles. Finally, we look at the g-and-h distribution in the one-claim-causes-ruin paradigm.

scholarly journals The Quantitative Modeling of Operational Risk: Between G-and-H and EVT

2007 ◽  
Vol 37 (2) ◽  
pp. 265-291 ◽  
Author(s):  
Matthias Degen ◽  
Paul Embrechts ◽  
Dominik D. Lambrigger
Keyword(s):  
Value At Risk ◽  
Generalized Pareto Distribution ◽  
Operational Risk ◽  
Value Theory ◽  
Data Sets ◽  
Generalized Pareto ◽  
High Quantiles ◽  
Interesting Candidate ◽  
The One ◽  
Parameter Values

Operational risk has become an important risk component in the banking and insurance world. The availability of (few) reasonable data sets has given some authors the opportunity to analyze operational risk data and to propose different models for quantification. As proposed in Dutta and Perry [12], the parametric g-and-h distribution has recently emerged as an interesting candidate.In our paper, we discuss some fundamental properties of the g-and-h distribution and their link to extreme value theory (EVT). We show that for the g-and-h distribution, convergence of the excess distribution to the generalized Pareto distribution (GPD) is extremely slow and therefore quantile estimation using EVT may lead to inaccurate results if data are well modeled by a g-and-h distribution. We further discuss the subadditivity property of Value-at-Risk (VaR) for g-and-h random variables and show that for reasonable g and h parameter values, superadditivity may appear when estimating high quantiles. Finally, we look at the g-and-h distribution in the one-claim-causes-ruin paradigm.

Information Security Aspect of Operational Risk Management

2009 ◽  
Vol 1 (2) ◽  
pp. 45-60 ◽  
Author(s):  
Janusz Zawiła-Niedźwiecki ◽  
Maciej Byczkowski
Keyword(s):  
Risk Management ◽  
Information Security ◽  
Organizational Structure ◽  
Operational Risk ◽  
The Other ◽  
Security Measures ◽  
Operational Risk Management ◽  
Hand Shaping ◽  
Product Service ◽  
The One

Information Security Aspect of Operational Risk ManagementImproving organization means on the one hand searching for adequate product (service) matched to the market, on the other hand shaping the ability to react on risks caused by that activity. The second should consist of identifying and estimating types of risk, and consequently creating solutions securing from possible forms of it's realization (disturbances), following rules of rational choice of security measures as seen in their relation to costs and effectiveness. Activities of creating the security measures should be organized as constantly developing and perfecting and as such they need formal place in organizational structure and rules of management

scholarly journals Problems and Prospects of Development of the International Market of Transport Services

2020 ◽  
pp. 305-312
Author(s):  
Oleksandr Dubytskyi ◽  
◽  
Vladimir Bodak ◽  
Nadiya Kuts ◽  
Yuri Bulik ◽  
...  
Keyword(s):  
Foreign Trade ◽  
Modern Science ◽  
International Market ◽  
Road Transport ◽  
Economic Relations ◽  
Transport Services ◽  
The World ◽  
Passenger Flows ◽  
The One ◽  
Further Development

The current situation in the world economy is characterized by varying degrees of development of national economies and their openness to participate in international economic relations, the saturation of trade flows at different stages of cooperation between countries, increasing passenger flows, on the one hand, and insufficient economic development. base, a small number of modern studies of the methodological basis for the functioning of the transport and logistics complex in modern science, on the other hand, cause an objective need for mentioned places, the role and importance of transport services as an important economic category. The structural shifts that determine the movement of world production and international trade are largely determined by the transformations taking place in the world transport complex. No foreign trade operation can be imagined without the participation of transport, in any case, the goods must be delivered from seller to buyer. Transport service - a service for the performance of the contract of carriage of people and goods. In the implementation of foreign trade, road transport has certain advantages over other modes of transport: maneuverability, delivery of goods "door to door"; urgency and regularity of delivery; delivery can be organized according to the system "just in time" (exactly on time); packaging (required in smaller quantities or not required at all). This article examines the trends and prospects for the development of the international market of transport services. The question of the current state of the freight market is stated. The main problems of the international market of transport services are clarified. The factors influencing the further development of the market of transport services are determined. Substantiated tasks in the field of international agreements in the field of road transport. The study allows us to consider and analyze important areas of innovative development and application of modern technologies in the field of transport. Prospects for further development of freight transportation are considered and generalized.

scholarly journals Is it Worth Comparing Different Bankruptcy Models?

2015 ◽  
Vol 63 (2) ◽  
pp. 525-531 ◽  
Author(s):  
Miroslava Dolejšová
Keyword(s):  
Financial Performance ◽  
Financial Statements ◽  
T Test ◽  
Small Enterprises ◽  
Z Score ◽  
Statistical Data Analysis ◽  
Financial Condition ◽  
Score Model ◽  
The One ◽  
Paired T Test

The aim of this paper is to compare the performance of small enterprises in the Zlín and Olomouc Regions. These enterprises were assessed using the Altman Z-Score model, the IN05 model, the Zmijewski model and the Springate model. The batch selected for this analysis included 16 enterprises from the Zlín Region and 16 enterprises from the Olomouc Region. Financial statements subjected to the analysis are from 2006 and 2010. The statistical data analysis was performed using the one-sample z-test for proportions and the paired t-test. The outcomes of the evaluation run using the Altman Z-Score model, the IN05 model and the Springate model revealed the enterprises to be financially sound, but the Zmijewski model identified them as being insolvent. The one-sample z-test for proportions confirmed that at least 80% of these enterprises show a sound financial condition. A comparison of all models has emphasized the substantial difference produced by the Zmijewski model. The paired t-test showed that the financial performance of small enterprises had remained the same during the years involved. It is recommended that small enterprises assess their financial performance using two different bankruptcy models. They may wish to combine the Zmijewski model with any bankruptcy model (the Altman Z-Score model, the IN05 model or the Springate model) to ensure a proper method of analysis.

ANALISIS RISIKO PRODUKSI USAHA SARANG BURUNG WALET (Collacalia Fuciphagus) DI KABUPATEN TANA TIDUNG

2021 ◽  
Vol 4 (1) ◽  
Author(s):  
Anang Sulistyo ◽  
Megawati Ayu Putri
Keyword(s):  
At Risk ◽  
Value At Risk ◽  
Descriptive Analysis ◽  
Preventive Strategy ◽  
Z Score ◽  
Production Risk ◽  
Measuring Device ◽  
Air Ventilation ◽  
Risk Source ◽  
Weather Changes

AbstrakMembangun usaha sarang burung walet rumahan bukanlah hal yang mudah, selain harus benar-benar memahami cara mendatangkan burung,merawat sarang sampai tahap panen. Penelitian ini bertujuan untuk, 1) mengetahui sumber–sumber risiko produksi dan  dampaknya terhadap usaha sarang burung walet; 2) merumuskan strategi mengatasi risiko produksi usaha sarang burung walet di Kabupaten Tana Tidung. Penelitian ini dilakukan pada 30 peternak sarang walet di Kecamatan Sesayap Kabupaten Tana Tidung. Analisis yang digunakan yaitu analisis deskriptif, analisis probabilitas, Z-score dan Value At Risk (VaR). Hasil penelitian menunjukkan bahwa sumber–sumber risiko produksi usaha sarang burung walet yang teridentifikasi yaitu perubahan cuaca dan kesalahan tenaga kerja. Sumber risiko terbesar adalah perubahan cuaca pada periode ke II dengan probabilitas sebesar 72% dan dampak yang paling sebesar pada periode ke III sebesar Rp. 2.630.704. Sedangkan sumber risiko kesalahan tenaga kerja pada periode II dengan probabilitas sebesar 68% dan dampak yang paling besar pada periode ke I sebesar Rp. 589.111. Strategi penanganan sumber risiko perubahan cuaca/iklim dengan strategi preventif yaitu membuat ventilasi udara dan menggunakan alat pengukur thermo hygrometer, selanjutnya strategi mitigasi yaitu pengisian air menggunakan wadah bak atau baskom. Sumber risiko kesalahan tenaga kerja menggunakan strategi preventif yaitu memberikan pengetahuan dan keterampilan melalui penyuluhan. Kata Kunci : Sarang Burung Walet, Sumber Risiko, Analisis Risiko, Penanganan Risiko AbstractBuilding a home swallow nest business is not easy, apart from having to really understand how to bring in birds, care for the nest until the harvest stage. This study aims to, 1) determine the sources of production risk and their impact on swallow's nest business; 2) formulating a strategy to overcome the risk of production in the swallow's nest business in Tana Tidung Regency. This research was conducted on 30 swallow nest breeders in Sesayap District, Tana Tidung Regency. The analysis used is descriptive analysis, probability analysis, Z-score and Value At Risk (VaR). The results showed that the identified sources of risk in the production of swallow's nest business were weather changes and labor errors. The biggest risk source is weather changes in the second period with a probability of 72% and the greatest impact in the third period of Rp. 2,630,704. While the source of the risk of labor error in period II with a probability of 68% and the greatest impact in the first period of Rp. 589,111. The strategy for handling the risk source of weather / climate change with a preventive strategy is to make air ventilation and use a thermo hygrometer measuring device, then the mitigation strategy is to fill water using a tub or basin container. The source of the risk of labor error using a preventive strategy, namely providing knowledge and skills through counseling.. Keywords: Swallow's Nest, Risk Sources, Risk Analysis, Risk Management

The Regulation of Transnational Corporate Identity in Europe

2009 ◽  
Vol 42 (9) ◽  
pp. 1167-1192 ◽  
Author(s):  
Orfeo Fioretos
Keyword(s):  
International Market ◽  
Corporate Identity ◽  
Government Behavior ◽  
History Of Capitalism ◽  
History Of ◽  
Legislative Initiative ◽  
The One ◽  
First Time ◽  
Rule Making ◽  
International Rule

Rules governing the corporate identity of multinational companies are national in nature, with the one exception of the European Company Statute. For the first time in the history of capitalism, this statute enables companies to jettison national rules of incorporation in favor of an international legal identity. This article explains why the statute was the most protracted legislative initiative in the history of European integration and why its final form served significantly to constrain the international market for corporate identity in Europe. Its explanations are anchored in an institutional theory of government behavior that draws on the varieties of capitalism and historical institutionalism traditions. The article concludes with suggestions for how these traditions can be extended beyond their normal purview as a means to giving analytical and substantive nuance to the study of international rule-making.

scholarly journals On the Kesten-type inequality for randomly weighted sums with applications to an operational risk model

Filomat ◽  
2021 ◽  
Vol 35 (6) ◽  
pp. 1879-1888
Author(s):  
Yishan Gong ◽  
Yang Yang ◽  
Jiajun Liu
Keyword(s):  
Value At Risk ◽  
Risk Model ◽  
Cell Model ◽  
Type Inequality ◽  
Random Variables ◽  
Operational Risk ◽  
Weighted Sums ◽  
Asymptotic Formulas ◽  
Tail Probabilities ◽  
Randomly Weighted Sums

This paper considers the randomly weighted sums generated by some dependent subexponential primary random variables and some arbitrarily dependent random weights. To study the randomly weighted sums with infinitely many terms, we establish a Kesten-type upper bound for their tail probabilities in presence of subexponential primary random variables and under a certain dependence among them. Our result extends the study of Chen [5] to the dependent case. As applications, we derive some asymptotic formulas for the tail probability and the Value-at-Risk of total aggregate loss in a multivariate operational risk cell model.

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