THE ROLE OF BANKING RISK IN SHAPING BANKS' ACCOUNTING POLICIES
DOI:
https://doi.org/10.5937/ekonsig2502039SKeywords:
risk, banking system, management, operationalization, accounting policyAbstract
The subject of the research in this paper is the analysis of the most common types of risks in banking with an emphasis on risk management, in order to achieve the optimization of the risk-return ratio. In the overall context of the functioning of a bank, improving management, i.e. bank governance, is inevitable. Risk management is an extremely topical topic, since the global economic crisis has also affected the banking system and many banks have run into difficulties and losses, precisely because they were unable to repay their investments. The scientific objective of the research is the scientific description of risk as a phenomenon in modern banking institutions, the identification of factors that lead to risk, as well as proper risk management. The social objective of the research relates to the identification of weak points in the risk management sector, and the provision of proposals for improving work techniques in order to create a more favorable environment for the successful operation of banks in the long term.
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