Developing a framework of Islamic bank operational risk management: ‘people risk’

The study of human resource has become a crucial topic in understanding the determinants of operational risk. Given the various sources of operational risk, losses resulting from staff performance seemed to be the major cause as employees are the key players who manage the processes and systems o...

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Main Authors: Aisyah Abdul Rahman, Zaleha Yazid
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2015
Online Access:http://journalarticle.ukm.my/9526/
http://journalarticle.ukm.my/9526/
http://journalarticle.ukm.my/9526/1/11146-30911-1-PB.pdf
id ukm-9526
recordtype eprints
spelling ukm-95262016-12-14T06:50:12Z http://journalarticle.ukm.my/9526/ Developing a framework of Islamic bank operational risk management: ‘people risk’ Aisyah Abdul Rahman, Zaleha Yazid, The study of human resource has become a crucial topic in understanding the determinants of operational risk. Given the various sources of operational risk, losses resulting from staff performance seemed to be the major cause as employees are the key players who manage the processes and systems of undesired events. This study explored the influence of staff performance attributes toward operational risk management, with a focus on ‘people risk’. The study was conducted using qualitative approach via face-to-face and telephone interviews with 14 respondents from 7 Islamic banks in Malaysia. Our preliminary finding showed that training, education, experience and compensation lead toward better management of ‘people risk’. Hence, a clear understanding of the factors affecting ‘people risk’ would help ensuring an effective and successful strategy in managing human resources especially in developing the operational risk management framework for the Islamic banking institutions. Penerbit Universiti Kebangsaan Malaysia 2015 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/9526/1/11146-30911-1-PB.pdf Aisyah Abdul Rahman, and Zaleha Yazid, (2015) Developing a framework of Islamic bank operational risk management: ‘people risk’. Jurnal Pengurusan, 44 . pp. 1-18. ISSN 0127-2713 http://ejournal.ukm.my/pengurusan/issue/view/700
repository_type Digital Repository
institution_category Local University
institution Universiti Kebangasaan Malaysia
building UKM Institutional Repository
collection Online Access
language English
description The study of human resource has become a crucial topic in understanding the determinants of operational risk. Given the various sources of operational risk, losses resulting from staff performance seemed to be the major cause as employees are the key players who manage the processes and systems of undesired events. This study explored the influence of staff performance attributes toward operational risk management, with a focus on ‘people risk’. The study was conducted using qualitative approach via face-to-face and telephone interviews with 14 respondents from 7 Islamic banks in Malaysia. Our preliminary finding showed that training, education, experience and compensation lead toward better management of ‘people risk’. Hence, a clear understanding of the factors affecting ‘people risk’ would help ensuring an effective and successful strategy in managing human resources especially in developing the operational risk management framework for the Islamic banking institutions.
format Article
author Aisyah Abdul Rahman,
Zaleha Yazid,
spellingShingle Aisyah Abdul Rahman,
Zaleha Yazid,
Developing a framework of Islamic bank operational risk management: ‘people risk’
author_facet Aisyah Abdul Rahman,
Zaleha Yazid,
author_sort Aisyah Abdul Rahman,
title Developing a framework of Islamic bank operational risk management: ‘people risk’
title_short Developing a framework of Islamic bank operational risk management: ‘people risk’
title_full Developing a framework of Islamic bank operational risk management: ‘people risk’
title_fullStr Developing a framework of Islamic bank operational risk management: ‘people risk’
title_full_unstemmed Developing a framework of Islamic bank operational risk management: ‘people risk’
title_sort developing a framework of islamic bank operational risk management: ‘people risk’
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2015
url http://journalarticle.ukm.my/9526/
http://journalarticle.ukm.my/9526/
http://journalarticle.ukm.my/9526/1/11146-30911-1-PB.pdf
first_indexed 2023-09-18T19:55:07Z
last_indexed 2023-09-18T19:55:07Z
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