Assessing the Effect of Financial Asset Management on the Overall Business Sustainability

Abstract

The research aims to explore the pivotal role of prudent financial asset management in fostering and upholding overall business sustainability. Employing regression analysis facilitated by the Special Package for Social Science (SPSS), the data were thoroughly analyzed. The regression outcomes reveal a direct and substantial influence of asset portfolio on firm sustainability, alongside a significant impact of asset risk on company viability. The findings affirm that effective asset portfolio management serves as a crucial factor positively shaping business sustainability. Similarly, the study underscores the favorable and noteworthy contribution of asset risk assessment to business viability. Consequently, it advocates for the enhancement of asset risk assessment to bolster business sustainability, urging management to prioritize efforts in this regard.