Tipo di tesi
Tesi di laurea magistrale
Titolo
Capital structure, Regulation and Risk Management in the banking sector:
an Application of the Risk Appetite Framework
Dipartimento
ECONOMIA E MANAGEMENT
Riassunto (Italiano)
The recent financial crisis highlighted two important problems that financial institution executives, regulators and investors are facing: the incredible complexity of banks, as organizations with hidden solvency-threatening and funding-threatening risk and the ambiguity behind the financial and risk disclosure necessary to understand these material risks. These two challenges at an individual-institution level become more important and more stimulating in the context of a global financial market. It is in this framework that banks from all over the world started to place much greater emphasis in the creation of a robust risk management program trying to integrate it with a broader corporate strategy. An explicit and effective risk appetite statement is an increasingly important element of this process.
