Knowledge Management, Risk Management, Knowledge Risk Management: What Is Missing (or Messed) in Financial and Banking S
The purpose of this chapter is to investigate the state of research on Knowledge Risk Management in banks and other financial firms. In particular, the chapter is aimed at verifying the shortage of research contributions on Knowledge Risk Management with
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Risk in Banking
Maura La Torre
Risk in Banking Developing a Knowledge Risk Management Framework for Cooperative Credit Banks
Maura La Torre University “G. d’Annunzio” of Chieti-Pescara Pescara, Italy
ISBN 978-3-030-54497-3 ISBN 978-3-030-54498-0 (eBook) https://doi.org/10.1007/978-3-030-54498-0 © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © Harvey Loake This Palgrave Pivot imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
Writing this book allowed me to merge my theoretical knowledge with reflections on real world challenges. My studies led me to have a mainly technical background. I approached financial system by analyzing its elements and interrelationships within it and toward the external environment. I have considered banks as the place of exchanging financial resources, the place where financial needs of the various operators of the economic system are met. Subsequently, I broadened my vision, considering banks also as social organizations, and no longer just immaterial brokerage places. By studying authors such as Peter Massingham and Susanne Durst, I understood the usefulness of overcoming technicalities and paying more attention to the human aspect of these organizations, finding that behind every financial operation, there are people who create and exchange knowledge, or waste it, or lose it, or hide it, or forget it or even unlearn it. I understood, therefore, that knowledge could generate risks just as a financing operation can do; a particular type of risk, the knowledge risks. Analyzing contributions on this field, I was surprised by the effort to find studies specif
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