Strategic Risk Control and Regulation

  • Charles S. Tapiero
Part of the International Series in Operations Research & Management Science book series (ISOR, volume 188)


The purpose of this chapter is to outline elements of risk and strategic control. These include detection and inspection programs, tracking (through control charts) as well as their uses in risk management and financial regulation. The statistical sampling and control literature pertaining to these problems is immense and we therefore refer at the end of the chapter to standard references on such topics as well as to specific research papers relating to strategic controls and regulation. Strategic risk control is increasingly important but has received relatively little attention. For this reason, I chose to focus greater attention on such problems that are far more appropriate. Examples are used to highlight the approaches that this chapter outlines. A number of industrial control cases are outlined applicable as well in the financial sector.


Control Chart Banking System Systemic Risk Queue Network Strategic Control 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Charles S. Tapiero 2013

Authors and Affiliations

  • Charles S. Tapiero
    • 1
  1. 1.Department of Finance and Risk EngineeringPolytechnic Institute of New York UniversityBrooklynUSA

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