ESG-CFP关联:前瞻与未来研究范围回顾

Q3 Business, Management and Accounting

Indian Journal of Corporate Governance Pub Date : 2022-05-04 DOI:10.1177/09746862221089062

Aanchal Singh, Prakash J. Singh, Samik Shome

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引用次数: 6

摘要

在过去的二十年里，全球企业部门的报告做法逐渐发生了转变。除了报告标准财务报表外，还越来越强调定性报告，特别是与治理、可持续性和社会相关的问题，通常被称为环境、社会和治理（ESG）报告（Griffin&Sun，2018）。在这方面，这些公司正在更积极地解决可持续性问题。本研究旨在确定并实证检验影响组织ESG披露与其公司财务业绩（CFP）之间关系的前因。该研究使用了BSE-200公司的样本，并采用多元回归技术来确定ESG与CFP的关系。结果表明，ESG和CFP呈负相关，控制变量对这种关联有显著影响。该研究从新兴经济体的角度提供了见解，有助于管理决策和政策制定。它也为未来的研究铺平了道路。

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ESG–CFP Linkages: A Review of Its Antecedents and Scope for Future Research

The last two decades have seen a gradual shift in the reporting practices of the corporate sector across the globe. Besides reporting the standard financial statements, there is increased emphasis on qualitative reporting particularly issues related to governance, sustainability and society, popularly referred to as environmental, social and governance (ESG) reporting (Griffin & Sun, 2018). In this regard, sustainability issues are being more aggressively addressed by the firms. This study aims at identifying and empirically examining the antecedents that influence the relationship between ESG disclosures of organisations and its corporate financial performance (CFP). The study uses a sample of BSE-200 companies and employs multiple regression technique to ascertain the ESG–CFP relationship. The results obtained show that ESG and CFP are negatively related, and the control variables have a significant impact on this association. The study provides insights from the perspective of an emerging economy and contributes to both the managerial decision-making and policy formulation. It also paves the way for future research.

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来源期刊

Indian Journal of Corporate Governance Business, Management and Accounting-Business and International Management

CiteScore

2.00

自引率

0.00%

发文量

期刊介绍： Indian Journal of Corporate Governance is a bi-annual refereed journal that provides a forum for discussions and exchanging views on a wide range of corporate governance issues ranging from board practices, independent directors, whistle blower policies and shareholder activism on one hand to media’s role in corporate governance, corporate social responsibility and sustainability reporting on the other. It comprises of research articles, concept papers, case studies and reports providing a blend of theory and practices of corporate governance globally to cater to the interests of practitioners, academics, researchers and policy makers.