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Title: Towards heterogeneous enterprise resilience : an empirical study of the retail banking sector
Author: Evrard, Phillipe
ISNI:       0000 0001 3455 3955
Awarding Body: Newcastle University
Current Institution: University of Newcastle upon Tyne
Date of Award: 2007
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The Basel Accord of 1988 is the principle regulation for the international banking sector, and proposed revisions to the Accord represent some of the most significant changes to impact upon the sector in recent years. The new Accord incorporates operational risk, with the intention of better aligning regulatory capital to the underlying risks by encouraging better and more systemic risk management practices. Profit maximisation is said to be the key driver of banking activities; optimal risk management practices would facilitate a reduction in the capital charge enabling greater competitiveness. However, the impact of Basel II on the level of required capital is uncertain, with quantitative impact study results showing large reductions in minimum required capital, but uncertainty caused by banks historically holding capital above required minimums for both internal risk management purposes as well as to address the expectations of the market. This paper examines the impact of a new regulatory environment and the subsequent approaches taken in risk management within the banking sector. Strategic decision-making theory, the major schools of strategy, knowledge transfer and computer network risk management are reviewed to propose that regulatory dominance does not determine risk management sophistication; that environmental factors take precedence over regulatory mandates, and that strategy perspectives are shifting towards an organic approach to network risk strategies management. Measures of standards compliance, the impact of regulation upon relationships between sources and recipients of knowledge, environmental scanning, degrees of risk management sophistication, risk management strategy perspectives and heterogeneity of methodology were collected from 82 banking organisations from an initial sample of 652, from August 2004 to August 2005.
Supervisor: Not available Sponsor: Not available
Qualification Name: Thesis (Ph.D.) Qualification Level: Doctoral
EThOS ID:  DOI: Not available