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What Are the Main Causes of Operational Risk

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What are the main causes of operational risk?


Definitions:

Legal Institutions

Established organizations or systems that govern, enforce, and interpret laws within a society.

Shareholders

Individuals or entities that own shares in a corporation, giving them ownership interests.

Defensive Strategy

A corporate social responsibility strategy that does the minimum legally required to display social responsibility.

Economic Responsibilities

refer to the obligations of businesses and organizations to pursue strategies that enhance their profitability within the confines of the law.

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