Journal of Business Management and Economic Development
Том 1 № 02 (2023): May 2023

Effectiveness of Risk Management on a Company’s Financial Performance: Study of Meta Analysis

Iswahyudi, Anggi Pradhita (Unknown)
Faisol, Faisol (Unknown)
Akbar, Muhammad (Unknown)
Wati, Sulaiha (Unknown)
Munawaroh, Siti (Unknown)

Article Info

Publish Date
07 Aug 2023

Abstract

This study aims to examine the effect of risk management on the company's financial performance. This study analyzes similar previous studies with the theme of risk management using a meta-analysis approach. The samples in this study were 20 previous studies in the form of journals or articles, consisting of 10 national journals and 10 international journals. The meta-analysis used in this study was effect size and data processing using Microsoft Excel and the JASP program (Jaffrey's Amazing Statistics Program). The results of this study indicate that risk management in any form greatly influences the company's financial performance, so it is very important for companies to implement risk management in order to minimize future company risk events.

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Journal Info
Journal of Business Management and Economic Development
Website

Abbrev

jbmed

Publisher

Riset Press International

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Industrial & Manufacturing Engineering Social Sciences Other

Description

Journal of Business Management and Economic Development (JBMED) is an international academic open-access journal that has gained a foothold in Indonesia, Asia and is open to the world. It aims to promote the integration of trade, economics, and finance. The focus is to publish papers on ...