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This study researches a rapidly growing area of interest in the financial services industry, that is,operational hsk management, with special focus on the mitigation phase. Operational risk management has accelerated in importance in the financial services over the last two decades for many reasons, not least of which is the well-known catastrophic failure of large banks such as BCCI, Barings and Indymac, as well as the recent Global Financial Crisis. One of the main drivers behind such bank failures was the failure of the banks' managements to manage effectively and efficiently their operational risk exposure. The focus of this study is operational risk mitigation in the United Arab Emirates Commercial banking industry. A controversial issue with operational risk was deciding on an agreed and accepted definition within the financial services industry. It has been defined by Basel Committee on Banking Supervision as "the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. This definition includes legal risk, but excludes strategic and reputational risk." This definition captures a wide spectrum of risk categories such as fraud risks, people risks, legal risks and compliance risks, to name a few. Basel Committee on Banking Supervision, a Committee of banking supervisory authorities established by the central bank Governors of the Group often countries in 1974, published in June 2006 a document called the "International Convergence of Capital Measurement and Capital Standards - A Revised Framework Comprehensive Version" known as Basel II Accord, which requires banks, among many other things, to sustain capital adequacy to cover their operational risk exposures. This Accord was the result of a number of consultative documents issued by the same Committee which focused increasing attention on the need for operational risk adequate and efficient management. Bank managements are facing increasing pressure to ensure that operational risk exposures are being managed effectively and efficiently. This extended the main momentum for the study, being the first independently sponsored study of how the UAE commercial banks have developed their operational risk management frameworks as a basis for mitigating the range of operational risk exposures they encounter. The operational risks that prompted the current Financial Crisis and how they were mitigated in the context of the UAE commercial banks gave further momentum to the research. The study addresses the various key players in operational risk management and is, therefore, interdisciplinary. The foundations from which the field work was undertaken were based on theoretical propositions in the area of decision making since the process of mitigating an operational risk is rooted in making a decision. Multiple case studies were used in the design for the research to answer the research question and establish the practices in operational risk mitigation in the UAE commercial banking industry. Leading UAE commercial banks were carefully chosen as representatives of this industry. The findings of the research are in line with the conclusions of Basel Commiltee on Banking Supervision that the main responsibility for operational risk management, and therefore mitigation, is vested in operational managers. The analysis demonstrates that (hey do not do this independently, but are supported by other experienced people in this field. A model and check-lists of operational risk management, and therefore mitigation, is proposed demonstrating the complexity of the whole process due to the nature and the scale of operational risks. The thesis concludes by discussing some further potential research suggestions in this ever-growing area of interest.

The theoretical part of this master thesis is focused on description and characteristics of the management accounting, the description of erection log book, and types of risks, which influence the company itself and possibilities for their identification, evaluation and control. I also pay attention to financial analysis area of company operating in civil engineering. The goal of the practical part of this thesis, the impacts of risk are pointed out without taking measures, the second part describes the implementation of arrangements to reduce the risk effecting the company. The measures are adjusted in the way of company´s capability to continue in the production activity. For the comparison of particular models, the parts of financial analysis - namely company´s liquidity indicators, were used.

This paper investigated the change in corporate debt levels in South Africa from 1994 to 2016. Included is an analysis of factors that companies take into consideration when determining the company's capital structure. This study used data from companies, largely from the mining sector, within sectors listed on the Johannesburg Stock Exchange (JSE), including chemicals, general industries, oil and gas. Four different leverage measures were used to determine the change in capital structure for the period under review, as well as six of the most commonly used determinants of capital structure. A high-level interpretation of the results reflected the following; a slight but relatively consistent increase in the use of debt relative to equity over the period for both the total sample and the mining sector. An increase in the use of long- relative to short term debt was also found, as well as a convergence between the use of current and non-current liabilities. Results from the analysis of the capital structure determinants varied, with some showing statistical significance. Asset tangibility was positively correlated to debt, while profitability and growth had a negative relationship. The relationship between company size, tax and cost of debt and leverage was varied.

This master thesis deals with the investment recommendation for Czechoslovak Com- mercial Bank, a.s. The recommendation is based on business strategy based on Fibonacci retracement and analysis of the current risks of financial markets. The first part deals with the parameters and the results of the business strategy. Second part proposes investment and non-investment recommendations. At the end of the thesis are summarized all aspects of the research.

This Master`s thesis deals with a strategic and economic analysis of a chosen company. The aim is to identify the risks that arising from the used analyzes and to propose measures for the selected affectable risks to reduce them. The theoretical part contains needed information to understand the issue. In the nex part are realized the macroeconomic analysis and microeconomic analysis. From these analysis are arising the risks which are analyze by RIPRAN method. The measures are proposed that are helping to reduce the affectable risks are contained in the last part of this thesis.

This thesis will focus on developing investment strategies for selected venture with temporarily free funds. The theoretical part will deal with the opportunities and tools of investing in financial markets, active and passive portfolio management and collective investment institutions. The practical part will focus on the analysis and comparison of the selected investment opportunities in the financial market with final recommendations.

This diplom thesis focuses on risk management of a selected company using data analysis tools. The thesis comprehends two main parts. The first part addresses theoretical issues concering risk, risk management and data nalysis tools. It presents a number of indicator that can be used as an instruments for a company´s financial management. These idicators, indexes and models are then applied in second part in financial analysis of the firm Moravskoslezská spol. s.r.o.

Thesis (MComm (Statistics and Actuarial Science))--University of Stellenbosch, 2005. / Financial institutions invest in financial securities like equities, options and government bonds. Two measures, namely return and risk, are associated with each investment position. Return is a measure of the profit or loss of the investment, whilst risk is defined as the uncertainty about return. A financial institution that holds a portfolio of securities is exposed to different types of risk. The most well-known types are market, credit, liquidity, operational and legal risk. An institution has the need to quantify for each type of risk, the extent of its exposure. Currently, standard risk measures that aim to quantify risk only exist for market and credit risk. Extensive calculations are usually required to obtain values for risk measures. The investments positions that form the portfolio, as well as the market information that are used in the risk measure calculations, change during each trading day. Hence, the financial institution needs a business tool that has the ability to calculate various standard risk measures for dynamic market and position data at the end of each trading day. SAS Risk Dimensions is a software package that provides a solution to the calculation problem. A risk management system is created with this package and is used to calculate all the relevant risk measures on a daily basis. The purpose of this document is to explain and illustrate all the steps that should be followed to create a suitable risk management system with SAS Risk Dimensions.

規模效應是資本資產定價模型所無法解釋的報酬異常現象中，最常被討論的一個。本文首先將探討台灣股市是否具有規模效應情形，若有，再進一步檢視其型態為何。接下來，本文試圖了解是否公司發生財務危機的機率高低會與規模溢酬有所關連，亦即，小公司因為較容易發生財務危機事件，因此平均而言，較大公司有更高的報酬率。本研究將採用Shumway(2001)的羅吉斯迴歸模型來估算公司發生財務危機事件之機率，並且比較不同變數之預測能力如何。 經由實證結果，發現1986年至2009年的台灣股市具有規模效應情形，此結果與之前幾位研究者之研究結果相符。而在財務危機事件機率的部份，亦可看出發生財務危機機率較高的投資組合享有較高的報酬率，此情形在小市值規模的公司身上尤其明顯。從以上發現，我們可以推論財務危機風險確實為構成規模效應的因素之一。 / Size effect is one of wildly-discussed pricing anomalies that cannot be explained by capital assets pricing model, we would like to exam whether it exists in Taiwan stock markets and how its pattern is. Furthermore, we assume the higher financial distress risk a company has, the higher expected return it will earn. That is, there is positive correlation between financial distress risk and return. Following the logistic model developed by Shumway(2001), we explore the list of variables which have greater explanatory power in prediction. Through empirical data with stocks listed and ever listed on Taiwan Stock Exchange and GreTai Securities Market, we find size effect does exist. The result is consistent with previous study. We also see firms with higher distress risk tend to have higher returns, this condition is especially obvious in small companies. So we can infer that having higher distress risk is one of the reasons why small companies can earn higher returns, they are consistent with our conjecture.