A Study on Indian Listed Companies Perform in ESG Areas Affects Its Overall Value and Profit
Abstract
Introduction: Environment, Social, and Governance (ESG) from listed company?s view, doing something about these issues can cost money. In meetings and other groups, a common question is whether the money and resources needed are worth it financially. This paper looks into whether being good in ESG an area is connected to a company's financial success. Objective of study: In this study, we examine how a company's performance in Environment, Social, and Governance (ESG) areas influences its value and profitability. Research methodology: In this paper used a large amount of data to better understand this link. Started by choosing the top 100 publicly listed companies in India, Covering 5 years from 2014 to 2018. Finding: Findings show that the overall ESG score has a positive and significant relationship with the company's value. Results: The Social and Governance parts of the ESG score also have a positive and important connection to value, but the Environment part does not. However, all the ESG scores?when considered together, as well as individually for Environment, Social, and Governance?are positively and importantly related to the company's profitability. Suggestion: Suggest that focusing on strong ESG performance can lead to better financial outcomes for the company in terms of both its value and its profits.
Keywords
Company, Environment, Social, Governance, Value, Profit
Citations
IRE Journals:
Sanjota S Sirsangi "A Study on Indian Listed Companies Perform in ESG Areas Affects Its Overall Value and Profit" Iconic Research And Engineering Journals Volume 2 Issue 10 2019 Page 621-625 https://doi.org/10.64388/IREV2I10-1712990
IEEE:
Sanjota S Sirsangi
"A Study on Indian Listed Companies Perform in ESG Areas Affects Its Overall Value and Profit" Iconic Research And Engineering Journals, 2(10) https://doi.org/10.64388/IREV2I10-1712990
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