What is it about?
Insurance companies are especially vulnerable to ESG controversies, as these can directly impact their financial stability and increase risk. While strong ESG practices can help mitigate these effects, it's good corporate governance that truly makes a difference.
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Why is it important?
Good corporate governance helps protect insurance companies from ESG risks. This helps keep these companies financially stable, especially in today's ever-changing and difficult business environment.
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This page is a summary of: ESG controversies and insolvency risk: evidence from the insurance industry, Management Decision, July 2024, Emerald,
DOI: 10.1108/md-10-2023-2002.
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