According to Hussein and Tamini (2007), risk management is the foundation of the banking practices. Due to the nature of the business banks, operate in a volatile environment facing a huge amount of risks associated with credit, market, operations, reputation, foreign exchange and liquidity. So adopting effective risk management practices by banks to face such risks successfully is a vital thing. Thereby the study investigates risk management practices on profitability of banking sector in Sri Lanka
1993). A successful organization would have a few spokespersons, as one person cannot be available at all times or when a crisis drags a long way it would not be effective for one spokes person to be handling the entire stakeholders crowd. Spokes person needs to be well trained and must have the ability to work with the media by listening and responding (Coombs, 1999). Crisis experts such as Nicholas (1995), Sonnenfeld (1994) recommends that the spokes person be with media training that usually means
1. Risk Modeling A study conducted by King’s College London said that, risk modeling is about modeling and quantification of risk. For the financial industry, the cases of credit-risk quantifying potential losses due, such as to bankruptcy of debtors or market-risks quantifying potential losses due to negative fluctuations of a portfolio's market value are of particular relevance. Operational risk, quantifying potential losses incurred due to failing processes is a relevant issue for any form of
In emergent crisis, cognitive behavioral therapies play a critical role in diagnosis, intervention, and coping with the emergency. Cognitive behavioral therapies are based on the action of the therapist and the client, where they agree and set goals of the therapeutic relationship and collaboration, examine them together, and restructure the process in a manner that he client is able to better regulate negative emotions and demonstrate goal congruent behavior. Central to the Cognitive behavioral
Introduction In 2008, driven by the subprime crisis, the Lehman Brothers investment bank went bankrupt. It was a very bad news for managers and bank employees but also for the global financial system. The previous month's announcement of its debt, the US bank hid its losses and had presented a falsified report. The same year, a few months earlier, Bear Stearns went bankrupt, too, in fairly similar conditions. Les origines de lehman brother In 1844, Henry Lehman, a German immigrant, creates a
Sampo is eventually destroyed in a battle. This thesis aims to present a detailed case study of evolution, success and downfall of Finnish multinational ICT company Nokia. At the same time it attempts to identify and analyse factors that caused Nokia to lose its dominant position in the mobile phone manufacturing market during the smartphone revolution of the 21st century. As a result of the crisis, Nokia’s management was forced to make an emotionally
be increasingly more anywhere in recent years, the study of this phenomenon has assumed more importance, we will discuss theorize and empirically take a look at the connection among the significance of personnel downsizing and firm overall performance. Downsizing to be efficient and successful, good and effective planning must take place long before, during, and after downsizing, a downsizing plan should be included in the strategic management plan of all organizations, regardless of whether they
The main challenge for liquidity risk management, funding in times of crisis is the main reason for this problem is that most of the banks from short-term deposits funded. In addition to the facilities granted by banks to invest in assets that have a relatively low degree of liquidity. Maintaining an optimal
non-executive directors. (Aguilera, 2003) It is responsible for all aspects of the activities of the corporation. A dual board of directors is including a supervisory board and executive board of management. Nevertheless, there is an accurate separation between the functions of monitoring and functions of management.(Bebchuk, 1999) For example, in Austria and Germany, the major board structure is dual board and employees have representation on the monitoring board.
According to the report presented by (xxxxxxxx), Civil Defense is a system put in place by many governments to help the citizens of these countries in supporting the armed forces and the police departments in issues that are concern with crisis situations. Additionally, (xxxxxx) presented that while many factors reduce the chances of disasters like the wars in the world, the world has been exposed to new challenges such as natural calamities, human caused disasters and terrorism. These problems have