Sunday, 05 May 2024
ARTICLE

Ownership Structure, Firm Size and the Operational Risk Management of Domestic Commercial Banks in Sri Lanka


References

Altuntas, M., Berry-stölzle, T. R., Hoyt, R. E., Farny, D., Lai, G., & R, H. (2011). Dynamic determinants of Enterprise Risk Management adoption in the property-liability insurance industry - evidence from Germany (2011). International Association for study of Insurance Economics. http://dx.doi.org/10.2139/ssrn.3277180

Archer, S., & Abdullah, H. (2007). Operational Risk Exposures of Islamic Bank. In S. Archer, & R. A. Karim, Islamic Finance: Regulatory Challenges (pp. 121-131). Singapore: John Wiley & Sons (Asia) Pte Ltd. DOI:10.1108/17554171111155366

Bank of England. (n.d.). Retrieved from Bank of England: https://www.bankofengland.co.uk/   

Bank Supervision Department. (2017, October 26). Licensed Banks to Enhance Minimum Capital by end 2020. Retrieved from Central Bank of Sri Lanka: https://www.cbsl.gov.lk/sites/default/files/press_20171026_Licensed_Banks_to_Enhance _Minimum_Capital_by_End_2020_e.pdf

Barth, J. R., Capiro, G. J., & Levine, R. (2001). Banking Systems Around the Globe: Do Regulations And Ownership Affect Performance And Stability? National Bureau of Economic Research. http://www.nber.org/books/mish01-1  

Beck, T., Asli, D., & Ouadra, M. (2010). Islamic vs. Conventional Banking: Business Model, Efficiency, and Stability. Policy Research. https://doi.org/10.1016/j.jbankfin.2012.09.016

Central Bank of Sri Lanka. (2014). Revised Guidelines on Computation of Risk-weighted Amount. Retrieved       from Central    Bank    of       Sri       Lanka: https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/laws/cdg/bsd_2014_Circul ar_02_Schedule_I_0.pdf

Central Bank of Sri Lanka. (2020). The Central Bank of Sri Lanka's COVID-19 Relief Measures: How are we helping the Country, Economy and YOU? Colombo: Communications Department, Central Bank of Sri Lanka. Retrieved October 7, 2020, from https://www.cbsl.gov.lk/sites/default/files/cbslweb_documents/press/pr/press_20200625_ the_central_bank_of_sri_lankas_covid_19_relief_measures_e1.pdf

Chernobai, A., Rachev, S. T., & Fabozzi, F. J. (2007). Operational Risk: A Guide to Basel II Capital Requirements, Models, and Analysis. John Wiley & Sons. https://books.google.lk/books?hl=en&lr=&id=yT2M-I57AcEC&oi=fnd&pg=PT8&dq=Chernobai,+A.,+Rachev,+S.+T.,+%26+Fabozzi,+F.+J.+(2007).+Operational+Risk:+A+Guide+to+Basel+II+Capital+Requirements,+Models,+and+Analysis.+John+Wiley+%26+Sons.+&ots=DPVwVXOK5w&sig=RW

Basel Committee, (2004). Basel II: International convergence of capital measurement and capital standards: A revised framework . Switzerland: Bank for International Settlements.

Basel Committee, (2006). Observed range of practice in key elements of Advanced Measurement Approaches (AMA). Switzerland: Bank for International settlements .

Basel Committee, (2011). Global systemically important banks: Assessment methodology and the additional loss absorbency requirement . Switzerland: Bank of International Settlements.

Fontonouvelle, P. D., Dejesus-Rueff, V., Jordan, J. S., & Rosengren, E. S. (2006). Capital and risk : New evidence on implications of large operational losses. journal of Money, Credit and Banking, 38(7), 1800-1840. https://www.jstor.org/stable/3838967

Gardener, E., & Ayling, D. (1984). Operational approaches to risk management in financial institutions: A technique for commercial banks. Manegerial Finance, 15-19. https://doi.org/10.1108/eb013533

Hasan, M., & Dridi, J. (2010, August). The effects of the global crisis on islamic and conventional banks: A comparative study. IMF Working Paper. International Monetory Fund. https://doi.org/10.1142/S1793993311000270

Hassan, R. (2009). The performance of Pakistani Islamic bank during 1999-2006 - An exploratary study. Proceedings of the 2nd Islamic Conference 2007 (iECONS2007) (pp. 1-15). Malaysia: Faculty of Economics and Muamalat , Islamic Science University. https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=Hassan%2C+R.+%282009%29.+The+performance+of+Pakistani+Islamic+bank+during+1999-2006+-+An+exploratary+study.+Proceedings+of+the+2nd+Islamic+Conference+2007+%28iECONS2007%29+%28pp.+1-15%29.+Malaysia%3A

Hemachandra, W. M. (2011). Financial Crises and Impacts of Recent Financial Crises on Sri Lanka. Staff Studies, 41(1), 1-40. DOI: http://dx.doi.org/10.4038/ss.v41i1.4682

Heo, W., Grable, J. E., & Rabbani, A. G. (2020). A test of the association between the initial surge in COVID-19 cases and subsequent changes in financial risk tolerance. Review of Behavioral Finance. DOI: 10.1108/RBF-06-2020-0121

Hull, J. (2012). Risk management and financial institutions. Willey Finance. https://www.google.lk/books/edition/Risk_Management_and_Financial_Institutio/ixLD1gjPfoMC?hl=en&gbpv=1&dq=Hull,+J.+(2012).+Risk+management+and+financial+institutions.+Wiley+Finance&pg=PR2&printsec=frontcover

Iannotta, G., Nocera, G., & Sironi, A. (2013). The impact of government ownership on bank risk. Journal of Financial Intermediation, 22, 152-176. https://doi.org/10.1016/j.jfi.2012.11.002

Janakiraman, U. (2008). Operational risk management in Indian banks in the context of Basel II: A survey of state of preparedness and challenges in developing the framework. Asia Pacific Journal of Finance and Banking Research. Available at SSRN: https://ssrn.com/abstract=1536041

Joseph, R. (2019). Sri Lanka Banking Report 2019: Foreward.

Khan, M. I., & Khan, S. I. (2018). Impact of ownership structure and firm size on the operational risk management of Islamic banks in Pakistan. Journal of Business & Tourism, 4(1), 209-217. DOI: https://doi.org/10.34260/jbt.v4i1.102

KPMG. (2019). Sri Lanka Banking Report 2019. Colombo: KPMG.  https://assets.kpmg.com/content/dam/kpmg/lk/pdf/sri-lanka-banking-report-issue-04.pdf

Laeven, L., & Levine, R. (2008). Banking governance, regulation and risk taking. Journal of Financial Economics, 93, 259-275.https://doi.org/10.1016/j.jfineco.2008.09.003

Lewis, M., & Lantsman, Y. (2005). What is a fair price to transfer the risk of unauthorized trading? A case study on operational risk, operational risk: Practical approaches to implementation. London. Risk Books, 315-356. http://dx.doi.org/10.2139/ssrn.667103

Malagala, J., & Thalgodapitiya , R. (2020, April 07). Sri Lankan Banks' Risks to Persist Despite Regulatory Measures. Retrieved from FitchRatings: https://www.fitchratings.com/research/banks/sri-lankan-banks-risks-to-persist-despiteregulatory-measures-07-04-2020#:~:text=The%20regulator%20has%20also%20provided,two%20years%20to%20en d%2D2022.

Sapienza, P. (2004). The effects of government ownership on bank lending. Journal of Financial Economics, 357-384. https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=Sapienza%2C+P.+%282004%29.+The+effects+of+government+ownership+on+bank+lending.+Journal+of+Financial+Economics%2C+357-384&btnG=

Sharifi, S., Haldar, A., & Rao, S. V. (2016). Relationship between operational risk management, size and ownership of Indian Banks. Managerial Finance, 42(10), 1-14. https://doi.org/10.1108/MF-05-2015-0145

Shih, J., Samad-Khan, A., & Medapa, P. (2000, January). Is the size of an operational loss related to firm size? . Retrieved from Stamford Risk Analytics: http://www.stamfordrisk.com/docs/Is_the_Size_of_an_Operational_Loss_Related_to_Fir m_Size_ (Jan_00).pdf

Srairi, S. (2010). Cost and profit efficiency of conventional and Islamic banks in GCC countries. Journal of Productivity Analysis, 34(1), 45-62.  https://doi.org/10.1007/s11123-009-0161-7

World Finance. (2019). Banking in 2019. Retrieved June 3, 2020, from World Finance: https://www.worldfinance.com/banking-guide-2019/.