Artikel

Operational Risk, Translation, and Globalization

This paper compares a translation of a global (more specifically, European) regulation into two local contexts, setting this process in a broader context of the all-pervading risk management. The two countries are Sweden and Poland, both relatively untouched by the current financial crisis, and the regulation is Basel II Accord. In both countries, the translation is shaped by the past history, and the present circumstances. The results show that, in spite of local differences, there is a common belief in quantification of risks as the main remedy and therefore the main way of managing them. Abstract and vague formulations, combined with sophisticated calculation techniques, win over the complications of actual practices. The role of researchers in this process is also examined. A study illustrates also the advantages of translation theory versus diffusion theory of spreading of ideas.

Sprache
Englisch

Erschienen in
Journal: Contemporary Economics ; ISSN: 2084-0845 ; Volume: 6 ; Year: 2012 ; Issue: 2 ; Pages: 26-39 ; Warsaw: Vizja Press & IT

Klassifikation
Wirtschaft
Accounting and Auditing: Government Policy and Regulation
Thema
translation
diffusion
globalization
operational risk
risk management

Ereignis
Geistige Schöpfung
(wer)
Czarniawska, Barbara
Ereignis
Veröffentlichung
(wer)
Vizja Press & IT
(wo)
Warsaw
(wann)
2012

DOI
doi:10.5709/ce.1897-9254.40
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Czarniawska, Barbara
  • Vizja Press & IT

Entstanden

  • 2012

Ähnliche Objekte (12)