Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia

The study examined the correlation between risk management and sustainability of environmental performance. Researchers have determined that risk management has aided firms in enhancing their long-term practices and operations. Sustainability and risk management now align due to their shared overrea...

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Published in:Asian Journal of Agriculture and Rural Development
Main Author: Rashid I.M.A.; Razak N.A.; Shafiai S.; Zaini M.R.; Esquivias M.A.
Format: Article
Language:English
Published: Asian Economic and Social Society 2024
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-85205929644&doi=10.55493%2f5005.v14i3.5176&partnerID=40&md5=0dbc84dc268395bf4384c2bf04f8a1fa
id 2-s2.0-85205929644
spelling 2-s2.0-85205929644
Rashid I.M.A.; Razak N.A.; Shafiai S.; Zaini M.R.; Esquivias M.A.
Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia
2024
Asian Journal of Agriculture and Rural Development
14
3
10.55493/5005.v14i3.5176
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85205929644&doi=10.55493%2f5005.v14i3.5176&partnerID=40&md5=0dbc84dc268395bf4384c2bf04f8a1fa
The study examined the correlation between risk management and sustainability of environmental performance. Researchers have determined that risk management has aided firms in enhancing their long-term practices and operations. Sustainability and risk management now align due to their shared overreaching goals. According to the research, green risk management is the most effective method for minimizing risks and improving sustainability. The primary goal of green risk management is to reduce financial risks and increase financial sustainability for the firm performance, especially in the agriculture sector. The finding shows that enterprise risks provide a significant impact on sustainable performance of Agropreneur by t value stands at 3.284. Lastly, the significant indirect effects 95% Boot confidence interval (CI): [Lower Level = 0.090, Upper Level = 0.416] did not straddle a 0 in between, indicating the existence of mediation relationship. Thus, this testing concluded that enterprise risk had a significant mediation effect between intangible resources and Agropreneur sustainable performance relationships. © 2024 Asian Economic and Social Society. All rights reserved.
Asian Economic and Social Society
23041455
English
Article
All Open Access; Gold Open Access
author Rashid I.M.A.; Razak N.A.; Shafiai S.; Zaini M.R.; Esquivias M.A.
spellingShingle Rashid I.M.A.; Razak N.A.; Shafiai S.; Zaini M.R.; Esquivias M.A.
Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia
author_facet Rashid I.M.A.; Razak N.A.; Shafiai S.; Zaini M.R.; Esquivias M.A.
author_sort Rashid I.M.A.; Razak N.A.; Shafiai S.; Zaini M.R.; Esquivias M.A.
title Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia
title_short Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia
title_full Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia
title_fullStr Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia
title_full_unstemmed Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia
title_sort Risk management towards performance of agropreneur firm: The case of sustainable environmental in Malaysia
publishDate 2024
container_title Asian Journal of Agriculture and Rural Development
container_volume 14
container_issue 3
doi_str_mv 10.55493/5005.v14i3.5176
url https://www.scopus.com/inward/record.uri?eid=2-s2.0-85205929644&doi=10.55493%2f5005.v14i3.5176&partnerID=40&md5=0dbc84dc268395bf4384c2bf04f8a1fa
description The study examined the correlation between risk management and sustainability of environmental performance. Researchers have determined that risk management has aided firms in enhancing their long-term practices and operations. Sustainability and risk management now align due to their shared overreaching goals. According to the research, green risk management is the most effective method for minimizing risks and improving sustainability. The primary goal of green risk management is to reduce financial risks and increase financial sustainability for the firm performance, especially in the agriculture sector. The finding shows that enterprise risks provide a significant impact on sustainable performance of Agropreneur by t value stands at 3.284. Lastly, the significant indirect effects 95% Boot confidence interval (CI): [Lower Level = 0.090, Upper Level = 0.416] did not straddle a 0 in between, indicating the existence of mediation relationship. Thus, this testing concluded that enterprise risk had a significant mediation effect between intangible resources and Agropreneur sustainable performance relationships. © 2024 Asian Economic and Social Society. All rights reserved.
publisher Asian Economic and Social Society
issn 23041455
language English
format Article
accesstype All Open Access; Gold Open Access
record_format scopus
collection Scopus
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