Managerial Economics
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ISSN 1898-1143
e-ISSN: 2353-3617
Issue Date
2021
Volume
Vol. 22
Number
No. 1
Description
Journal Volume
Managerial Economics
Vol. 22 (2021)
Projects
Pages
Articles
Climate protection as an opportunity for banks to increase earnings and consumer trust
(Wydawnictwa AGH, 2021) Kiszka, Sabrina; Hastenteufel, Jessica
Banks are currently facing numerous challenges. In addition to the ongoing cheap money policy of the European Central Bank, a regulated market environment and a rapidly progressive digitization, financial institutions are increasingly confronted with topics such as sustainability and climate protection. From the latter derive not only risks but also chances for banks. Sustainability risks can impact different risk categories such as market risks, credit risks, operational risks, and liquidity risks. Moreover, reputational risks can occur in this context. This is especially important as bank customers constantly develop a greater awareness of ecological issues, and thus, develop increasing expectations on how companies - like banks - deal with issues like climate protection and sustainability. For this reason, we will start with a theoretical explanation of the key words and then present the results of our customer survey to highlight the current expectations of bank customers in the context of climate protection. Based on this, we formulate recommendations for banks on how to generate a competitive advantage by engaging in climate protection and by taking sustainable actions.
An example to illustrate several aspects of optimization theory in Managerial Economics
(Wydawnictwa AGH, 2021) Lahiri, Somdeb
We provide a single example that illustrates all aspects of linear, integer and dynamic programming, including such concepts such as value of perfect and imperfect information. Such problems, though extremely plausible and realistic are hardly ever discussed in managerial economics.
Calculating capital requirements for operational risk
(Wydawnictwa AGH, 2021) Waschbusch, Gerd; Kiszka, Sabrina
Operational risks have become increasingly important for banks, especially against the background of growing IT dependency and the increasing complexity of their activities. Further-more, the corona pandemic contributed to the increased risk potential. Therefore, banks have to back these risks with own funds. There are currently three measurement approaches for determining the capital requirements for operational risk. In recent years, and especially during the Great Financial Crisis of 2007/2008, however, some of the weaknesses inherent in these approaches have become apparent. Thus, the Basel Committee on Banking Supervision revised the current capital framework. Therefore, this article examines the various measurement approaches, addresses inherent weaknesses and moreover, presents the future measurement approach developed by the supervisory authorities.