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Scholars Journal of Economics, Business and Management | Volume-10 | Issue-03
CSRA Score – Multidimensional Risk Assessment Including Alternative Risks for Onboarding, Portfolio Monitoring, and Collection Purpose
Asit Kumar Sahoo, Harish Srigiriraju
Published: April 25, 2023 |
162
125
DOI: 10.36347/sjebm.2023.v10i03.003
Pages: 58-60
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Abstract
Companies incur huge losses due to malignant activities from diverse stakeholders. Therefore, Companies must be cautious to ensure they are dealing with a trusted credit-worthy business or partner. Such loss-making activities include transactions with fraudulent stakeholders, cyber-attacks, ESG risks, Financial default, Geopolitical risks, etc. These risks need to be evaluated in a holistic framework bringing these multidimensional factors into a single decision point.