Business (re) Engineering: Management of the Risk Induced Constraints

Oprean, Victor-Bogdan

doi:10.1016/j.sbspro.2013.12.548

Cited by 2 publications

(3 citation statements)

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“…Steinherr (1998) considers risk management to be one of the most significant innovations of the 20th century. The decision theory states that risk is any uncertain component of an action, event or a process that has potentially detrimental and irreversible effects (Oprean, 2014). The occurrence of the global financial crisis in 2008, whose consequences were regarded as the worst since the Great Depression, has put financial institutions under the microscopic lens of policymakers and financial economists (Ibrahim, 2016).…”

Section: Risk Management Systemsmentioning

confidence: 99%

“…There is a wide range of factors that are considered in risk management from the economic, economic, political and competitive, to the level of technological and financial development (Oprean, 2014). The overall objective of risk management is to provide the firm with the much needed information to lessen risks and alleviate the negative impact of risk on the firm's activities and stakeholders (Rebelo, Silva & Santos, 2017).…”

Section: Risk Management Systemsmentioning

confidence: 99%

“…Risk management significance in banks and other financial intermediaries is magnified because of the position that these occupy in the economy and the fact that intermediation itself is a source of other risks (Sharma, 2008). An understanding of risks and mechanisms to prevent them helps preserve and improve competitive position (Oprean, 2014). Existing literature has shown that banks in their business models can combine their daily activities with improvement in profitability, while minimising risk (Hryckiewicz & Kozłowski, 2017).…”

Section: Sme Lending Proclivitymentioning

confidence: 99%

See 2 more Smart Citations

Banks Business Models, Risk Management Systems And Small And Medium Enterprises Financing Proclivity In Zimbabwe

Mashamba¹,

Munyanyi²

2019

TR1010

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The need to create sustainable ways of generating profits has put substantial pressure on banks to reinvent their business models in the post---global financial crisis era. The objectives of bank managers, which include profit maximization, essentially influence the bank's lending behavior, scale, choice, and timing. Among the constraints that small and medium businesses face is limited access to financing. An increase in bank involvement in the financing of small and medium enterprises is critical for the survival of the sector. Given the widespread heterogeneity in banks business models globally, this study, grounded on the Portfolio Management Theory, investigates how diversity in business models affects bank risk management systems and their proclivity to small and medium enterprises lending. Structural equation modeling, a confirmatory, multivariate technique, was employed to analyze the causal relationships between these variables, starting with a pictorial representation of the variables. The strong relationship between the variables under study suggests that business models and risk management systems are key components in the decision to lend to small and medium enterprises. As such there is need for banks to reconsider their business operations mechanisms in order to accommodate the small and medium enterprises sector.

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Section: Risk Management Systemsmentioning

confidence: 99%

Section: Risk Management Systemsmentioning

confidence: 99%