Claim Missing Document
Check
Articles

Found 1 Documents
Search
Journal : East Asian Journal of Multidisciplinary Research (EAJMR)

Does the Individual Environment, Social, Government Score Could Mitigate the Financial Distress Risk ? Carolina Ito Hutauruk; Ridwan Nurazi
East Asian Journal of Multidisciplinary Research Vol. 3 No. 3 (2024): March 2024
Publisher : PT FORMOSA CENDEKIA GLOBAL

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.55927/eajmr.v3i3.8639

Abstract

This research paper investigates the impact of the Individual Environment, Social, Government (ESG) score on mitigating financial distress risk. The study examines the individual components of the ESG score, specifically focusing on the environmental, social, and government scores. The results indicate that while the environmental and government scores have a significant effect toward the financial distress risk, the social score does not show a significant impact. These findings suggest that organizations should prioritize environmental and government factors when assessing and managing financial distress risk while considering the limited impact of social factors. This study provides valuable insights for decision-makers in formulating effective risk mitigation strategies.