Impact of Sustainability Performance of Company on its Financial Performance: A Study of Listed Indian Companies
Global Journal of Management and Business Research (C: Finance) Volume 13, Issue 11, Version 1.0, Year 2013
11 Pages Posted: 8 Mar 2018
Date Written: 2013
Abstract
Sustainability is a crucial issue for corporate world today. The interest of investors in Socially Responsible Investment (SRI) has grown substantially over last decade. Thus, sustainability has potential to influence company performance. The purpose of this paper is to find “whether sustainable companies are more profitable”. Various researches were conducted in past for examining this relationship. Results, however, have been mixed and inconclusive. Moreover, most of the studies have been conducted in context of developed countries.
Keywords: Corporate Sustainability, Financial Performance, Corporate Social Responsibility (CSR), Sustainability Reporting, Socially Responsible Investment (SRI), Global Reporting Initiative (GRI).
JEL Classification: D92, F65
Suggested Citation: Suggested Citation
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