Shareholder Rights
Operational Risk refers to the potential for loss resulting from inadequate or failed internal processes, people and systems, or from external events. This risk category is closely related to business operations, financial management, corporate governance, as it can impact a company's ability to achieve its objectives, manage its finances effectively, and maintain effective controls and oversight. Operational Risk includes a wide range of potential risks such as fraud, process failures, technology disruptions, legal and regulatory compliance, and other events that can negatively affect a company's operations and reputation. Effective management of Operational Risk is critical to ensuring the long-term success and sustainability of any organization.