RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNION
The article aims to highlight the measures adopted in the financial-banking system in the context of the European integration, according to risk analysis perspectives. The first part provides details on the vulnerability sources in terms of banking risks and their approach from various perspectives....
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Romanian Foundation for Business Intelligence
2013-06-01
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| Series: | Cross-Cultural Management Journal |
| Subjects: | |
| Online Access: |
http://seaopenresearch.eu/Journals/articles/CMJ2013_I1_4.pdf
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| _version_ | 1818934926431485952 |
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| author | Laura – Maria POPESCU Ileana NISULEȘCU |
| author_facet | Laura – Maria POPESCU Ileana NISULEȘCU |
| author_sort | Laura – Maria POPESCU |
| collection | DOAJ |
| description | The article aims to highlight the measures adopted in the financial-banking system in the context of the European integration, according to risk analysis perspectives. The first part provides details on the vulnerability sources in terms of banking risks and their approach from various perspectives. Subsequently, based on the identified risks, a series of measures are proposed to limit them within the banking system. In terms of the work hypotheses, they are confirmed, thus increasing the harmonization level of theories throughout the European Union. Research was based on methods such as analysis, synthesis and induction, used to select the opinion of specialists in the field on the studied matter, and deduction, through the cross-section method, thus following the evolution and measures adopted in time. Following the analysis, a need was noticed for the implementation of an efficient banking risk management system, together with drafting additional regulations, so that the banking system is better prepared to handle new challenges generated by the crisis. The term afferent to the accession and integration in the European Union implied a stage requiring a radical change of the Romanian banking system, considering issues such as Romania’s economic development, leading to an increase of the banking mediation process. |
| first_indexed | 2024-12-20T05:12:02Z |
| format | Article |
| id | doaj.art-af0fe296af944a6aaa0fd3582bf19bae |
| institution | Directory Open Access Journal |
| issn | 2286-0452 |
| language | English |
| last_indexed | 2024-12-20T05:12:02Z |
| publishDate | 2013-06-01 |
| publisher | Romanian Foundation for Business Intelligence |
| record_format | Article |
| series | Cross-Cultural Management Journal |
| spelling | doaj.art-af0fe296af944a6aaa0fd3582bf19bae2022-12-21T19:52:14ZengRomanian Foundation for Business IntelligenceCross-Cultural Management Journal2286-04522013-06-01XV13135cmj:y2013:i1:p31-35RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNIONLaura – Maria POPESCU0Ileana NISULEȘCU1 The Bucharest Academy of Economic Studies, Bucuresti, Romania The Bucharest Academy of Economic Studies, Bucuresti, Romania The article aims to highlight the measures adopted in the financial-banking system in the context of the European integration, according to risk analysis perspectives. The first part provides details on the vulnerability sources in terms of banking risks and their approach from various perspectives. Subsequently, based on the identified risks, a series of measures are proposed to limit them within the banking system. In terms of the work hypotheses, they are confirmed, thus increasing the harmonization level of theories throughout the European Union. Research was based on methods such as analysis, synthesis and induction, used to select the opinion of specialists in the field on the studied matter, and deduction, through the cross-section method, thus following the evolution and measures adopted in time. Following the analysis, a need was noticed for the implementation of an efficient banking risk management system, together with drafting additional regulations, so that the banking system is better prepared to handle new challenges generated by the crisis. The term afferent to the accession and integration in the European Union implied a stage requiring a radical change of the Romanian banking system, considering issues such as Romania’s economic development, leading to an increase of the banking mediation process. http://seaopenresearch.eu/Journals/articles/CMJ2013_I1_4.pdf Banking systemEuropean integrationBanking riskPrevention mechanismFinancial crisisRisk culture |
| spellingShingle | Laura – Maria POPESCU Ileana NISULEȘCU RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNION Cross-Cultural Management Journal Banking system European integration Banking risk Prevention mechanism Financial crisis Risk culture |
| title | RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNION |
| title_full | RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNION |
| title_fullStr | RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNION |
| title_full_unstemmed | RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNION |
| title_short | RISK MITIGATION IN THE BANKING SYSTEM IN THE CONTEXT OF INTEGRATION IN THE EUROPEAN UNION |
| title_sort | risk mitigation in the banking system in the context of integration in the european union |
| topic | Banking system European integration Banking risk Prevention mechanism Financial crisis Risk culture |
| url |
http://seaopenresearch.eu/Journals/articles/CMJ2013_I1_4.pdf
|
| work_keys_str_mv | AT lauramariapopescu riskmitigationinthebankingsysteminthecontextofintegrationintheeuropeanunion AT ileananisulescu riskmitigationinthebankingsysteminthecontextofintegrationintheeuropeanunion |