Journal of Operational Risk
ISSN:
1744-6740 (print)
1755-2710 (online)
Editor-in-chief: Marcelo Cruz
Misconceptions about operational risk
Imad A. Moosa
Abstract
ABSTRACT
Contrary to widely held views, it is argued that operational risk is not onesided, it is not idiosyncratic, it is not indistinguishable from other risks, and it is not transferable via insurance. These views are reflected in several definitions of operational risk and crop up in discussions pertaining to its characteristics and management.
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