Greenwashing in the Indian corporate landscape: An empirical assessment of ESG disclosures of NIFTY 50 companies
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F24%3A101083" target="_blank" >RIV/60460709:41110/24:101083 - isvavai.cz</a>
Result on the web
<a href="https://link.springer.com/article/10.1007/s10668-024-05191-3" target="_blank" >https://link.springer.com/article/10.1007/s10668-024-05191-3</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1007/s10668-024-05191-3" target="_blank" >10.1007/s10668-024-05191-3</a>
Alternative languages
Result language
angličtina
Original language name
Greenwashing in the Indian corporate landscape: An empirical assessment of ESG disclosures of NIFTY 50 companies
Original language description
This study investigates ESG (Environmental, Social, and Governance) reporting in India, focusing on greenwashing among companies listed on the National Stock Exchange's NIFTY 50 index. Utilizing available ESG scores and assessments, we assess the extent of greenwashing and identify factors influencing this behavior within the Indian corporate environment. Our research employs regression analysis with a comprehensive set of variables, including cross-listing status, inclusion in ESG-focused investment funds, presence of independent directors, and board size, to examine key factors impacting greenwashing scores. Findings reveal that 47% of sampled companies exhibit greenwashing characteristics, with a concentration in manufacturing and energy sectors. Notably, cross-listing status and inclusion in ESG-focused investment funds show an inverse relationship with greenwashing scores. Moreover, the presence of independent directors and board size significantly impacts greenwashing tendencies. This research contributes to the field by offering novel insights into the determinants of greenwashing behavior in India's corporate landscape, with implications for practitioners, policymakers, and academics. Practitioners can utilize these insights to enhance corporate governance practices and promote genuine sustainability efforts, policymakers can refine regulatory frameworks, and academics can further advance research in this field.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50200 - Economics and Business
Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY
ISSN
1387-585X
e-ISSN
1387-585X
Volume of the periodical
50
Issue of the periodical within the volume
4
Country of publishing house
NL - THE KINGDOM OF THE NETHERLANDS
Number of pages
12
Pages from-to
729-741
UT code for WoS article
001262223000001
EID of the result in the Scopus database
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