Consideration of ESG principles and the impact of risks in assessing the financial stability of companies

Abstract

The article presents some aspects of the authors' research in the field of assessing and determining ways to ensure the financial stability of companies, which is extremely relevant in the context of the need to constantly adapt to changes in the business environment. The study of the factors influencing financial stability, existing methods and practices for assessing financial stability, risk management features of modern companies, ESG — principles and methods of scoring, allowed the authors to develop a comprehensive unified model for assessing the financial stability of companies. Despite the complexity, the model is not laborious, it is easily automated, and modified if necessary. The output data of the model has a predominant level of validity of the conclusions due to the wide range of elements taken into account.