Theoretical & Empirical Research On Operational Risk Of Commercial Bank In China

In these years, many kinds of operational risk affairs frequently occurred; it exposes Chinese commercial banks facing cruel threat and trial in operational risk management. Because it is quite short of practice experience for domestic theory and practice circles, many domestic scholars do research to operational risk only concerning with the views about operational risk in "New Basel Capital Accord". Under this background, this dissertation combines the special environment in Chinese commercial bank to make theory definition to the commercial bank connotation; and does deep analysis to the concrete reason and its transmission process for operational risk occurred in our country's commercial bank; it utilizes demonstration to analyze and find out the various characteristics of operational risk in Chinese commercial banks; and amplifies strengthening strategy and suggestion for operational risk management to Chinese commercial banks, which brings important theory value and practical significance to the operational risk management level in Chinese commercial bank.The dissertation goes along with this logic line: commercial bank's operational risk connotation—influential factors—recognition and measurement—transmission carriers and paths—capital calculation—fore-warning and overall management system, comprehensively uses researching achievement of information economics theory, behavior finance theory, and overall risk management etc., does relatively deeply study to operational risk in commercial bank. Through analysis and research, it dissects the transmission carriers and paths for operational risk in commercial bank, founds early-warning target system of commercial bank's operational risk; it reveals the statistical characteristic of operational risk in Chinese commercial bank, and claims overall management mechanism for the operational risk in Chinese commercial bank. The concrete framework of whole dissertation is as follows:The first chapter analyzes the purpose and significance of operational risk research in commercial bank, and it develops thoroughly for the research from internal and external scholars which refers operational risk in commercial bank; and basing on this, it claims the defect of relevant research, and the author's research direction and thinking. For the second chapter, it applies to the principle- agency theory, behavior finance theory to transmit an analysis for the causes of operational risk in commercial bank, and introduces the new conception of operational risk management in commercial bank—the overall risk management theory in commercial bank. The third chapter introduces and concludes the connotation definition for operational risk by many institutions and scholars at home and abroad; and combining the truth happened in our commercial bank's operational risk, it gives its own definition, it elaborates the common characteristics and main influencing factors for operational risk in commercial bank. The fourth chapter expounds the identification method for operational risk in commercial bank, identified channel and evaluation key factor and method. The fifth chapter discusses the transmission carrier and paths for the operational risk transmission in commercial bank, and it brings analysis to all kinds of effects coming from the transmission process for operational risk in commercial bank. The sixth chapter sets forth the calibrating method of operational risk in commercial bank, including the basic indicator approach, the standardized approach, internal measurement approach, loss distributing approach, Scorecard approach etc. Basing on the operational risk affairs happened from 2000 to 2006 in domestic commercial bank, the seventh chapter analyzes the statistical characteristic for the operational risk in Chinese commercial bank, and it estimates the capital volume needed for avoiding operational risk in domestic commercial bank. The eighth chapter explores quality identification and quantification fore-warning index for operational risk in commercial bank, and discusses the overall management system of operational risk basing on analyzing the company governance and interior control, staff, technology and system, business process, hazard transfer and other aspects in commercial bank. The ninth chapter is the full dissertation summarization and study forecast.