| Biography | |
|---|---|
 Prof. Lazim Abdullah Universiti Malaysia Terengganu, Malaysia |
|
| Title: Identifying Risks of Financial Management: A Ranking Fuzzy Approach | |
| Abstract:
Banks have been practising financial risk management ever since the exposure of various types of risks, which affect the performance of banks. However, authentic risks led to financial risk management in banking sector are indecisive. The aim of this paper is to propose the rank of the selected risks contributed to the financial risk management in banking sector using ranking fuzzy number. The method of ranking fuzzy numbers based on circumcenter is proposed to determine the highest ranking risk for the case of financial risk management in banking sector. Five experts in financial management were requested to offer linguistic evaluation over the ranking of risks in financial risk management. The proposed method of circumcenter, which takes into account distance, spread, and area of trapezoidal fuzzy numbers are applied in financial risk management. The result unveils that ‘credit risk’ is the leading risk whereas, the commodity risk is the lowest risk in financial management. An implication for banks is that the importance of addressing risk and paying close attention to the risk management as to avoid financial crisis.
Keywords: Financial Risk, Financial Management, Decision Making, Fuzzy Number, Circumcenter of Centroid
| |
| Biography:
Lazim Abdullah is a professor of computational mathematics at the School of Informatics and Applied Mathematics, Universiti Malaysia Terengganu. He holds a B.Sc (Hons) in Mathematics from the University of Malaya, Kuala Lumpur in June 1984 and the M.Ed in Mathematics Education from University Sains Malaysia, Penang in 1999. He received his Ph.D. in Information Technology Management from the Universiti Malaysia Terengganu, in 2004. His research focuses on the mathematical theory of fuzzy sets, decision making methods and its applications to social ecology, environmental sciences, health sciences, financial management, technology management, and manufacturing engineering. His research findings have been published in over three hundred publications, including refereed journals, conference proceedings, chapters in books, monographs and research books. Currently, he is a member of editorial boards of several international journals related to computing and applied mathematics. He is also a regular reviewer for international impact factor journals, member of scientific committees of several symposia and conferences at national and international levels. Dr Abdullah is an associate member of IEEE Computational Intelligence Society, and a member of the International Society on Multiple Criteria Decision Making.
| |
