Agrawal Rajat, Arora Sanjeev, Arora Gitika
Department of Management Studies, Indian Institute of Technology, Roorkee, 247667, India.
Guru Nanak Dev University College, Jalandhar, 144001, India.
Environ Sci Pollut Res Int. 2025 Mar;32(12):7168-7180. doi: 10.1007/s11356-023-28000-2. Epub 2023 Jun 6.
With the growth of the corporate sector, there is a simultaneous increase in external forces that pressurize the corporate sector to practice socially responsible behavior. Based on this, the practice of reporting sustainable and socially responsible activities is being used by companies in different manners in different countries. In view of this, the purpose of the study is to empirically analyze the financial performance of sustainability reporting and non-reporting companies from the stakeholder's perspective. The study is longitudinal, covering a time span of 22 years. The parameters of financial performance are categorized and statistically analyzed based on the stakeholders considered in the study. Based on the analysis, the study has found no evidence of difference in the financial performance from the stakeholder's perspective between sustainability reporting and non-reporting companies. The paper has contributed to the literature by analyzing the financial performance of companies from the stakeholder's perspective through longitudinal study.
随着企业部门的发展，外部力量也在同步增加，这些力量迫使企业部门践行对社会负责的行为。基于此，不同国家的公司以不同方式采用报告可持续及对社会负责活动的做法。鉴于此，本研究的目的是从利益相关者的角度实证分析可持续发展报告公司和非报告公司的财务绩效。该研究是纵向研究，涵盖22年的时间跨度。财务绩效参数根据研究中考虑的利益相关者进行分类并进行统计分析。基于分析，该研究没有发现从利益相关者角度来看，可持续发展报告公司和非报告公司在财务绩效上存在差异的证据。本文通过纵向研究从利益相关者角度分析公司的财务绩效，为文献做出了贡献。
