RISK MANAGEMENT OF VULNERABILITY THROUGH FUZZY COGNITIVE MAP
Journal Title: International Journal of Financial Management - Year 2018, Vol 7, Issue 3
Abstract
Risk management has been one of the vital concerns for financial institutes. This paper introduced concepts of “vulnerability” and “recoverability” to construct a fuzzy cognitive mapping (FCM) for risk management. Aside from exploring the exposures types and the degree of impact attributing to each of such exposures for financial institutes in Taiwan, it was also used to find out the factors affecting the exposure of financial institutes and the relations among the factors. The result of the analysis shows that organizational culture, risk appetite, and internal audit are the most crucial factors affecting the vulnerability of financial institutes. This research provides an exposure assessment system and recommendation to carry out a healthier financial institution management. It also expands financial research into a new field that enriches the vision for financial risk assessment.
Authors and Affiliations
Jun-Yang Xi, Ching-Chuan Tseng
Keywords
Related Articles
- EP ID EP301261
- DOI -
- Views 115
- Downloads 0
Self-Directed Enhancing Package in Basic Accounting for Non-Accountants
This study was conducted to assess the performance of the Non-Accountants students in State Universities and Colleges in Samar, with the end view of formulating a proposal for Self-Directed Enhancing Package in Basic Acc...
TAX REFORMS AND STANDARD OF LIVING IN NIGERIA
The study examines the impact of tax reforms on the living standard of Nigerians. The data used for the study were sourced from the Central Bank of Nigeria Statistical Bulletins and analyzed using the Ordinary Least Squa...
IMPACT OF CAPITAL GAINS TAX AWARENESS ON REVENUE GENERATION IN NORTH-EASTERN NIGERIA
The main purpose of this study was to assess the effectiveness of capital gains tax administration on revenue generation in North- Eastern Nigeria. The study covers the period from 2010-2015. The population of the study...
TOWARDS IMPROVING SECURITY FOR MOBILE BANKING IN SRI LANKA
In mobile banking schemes, financial services are available. Bankingservices are provided using mobile devices. Mobile phones are used for data used in carrying out mobile transactions via mobile applications. This paper...
Attentiveness of Financial Inclusion among Rural People with Special Reference to Nilambur Area
This research work,was based on the awareness of the rural people, on financial inclusion, in Nilambur. As we know that, financial inclusion plays a very vital role, in the development of economic changes, in India. Fina...