Do corporate governance and firm-specific characteristics affect the environmental sustainability of India? A panel data approach
Suchismita Ghosh et al.
What the paper says
In the new economy, this study concentrates on analysing the connection of corporate governance (CG) factors and firm-specific characteristics on sustainability practices when the natural environment and associated strategic prospects have augmented in importance. The population used in this study were 100 non-financial firms that are registered on National Stock Exchange (NSE) index of India from 2010 to 2021. In this study, two staged GMM-based dynamic panel data regression approach has been incorporated as analysis method. The result discloses a positive effect of CG factors like board size, board meetings, and CEO duality on environmental practices. But in the case of firm-specific characteristics, there exists a positive influence of age, liquidity on disclosure practices and negative impact of firm size on disclosure practices. The outcomes also provide a motivation for corporations to develop precise resources and capabilities in important areas that are of concern to appropriate investors.
Evidence weight
Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40
| F · citation impact | 0.50 × 0.4 = 0.20 |
| M · momentum | 0.50 × 0.15 = 0.07 |
| V · venue signal | 0.50 × 0.05 = 0.03 |
| R · text relevance † | 0.50 × 0.4 = 0.20 |
† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.