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Do corporate governance and firm-specific characteristics affect the environmental sustainability of India? A panel data approach

Author

Listed:
  • Suchismita Ghosh
  • Ritu Pareek
  • Tarak Nath Sahu

Abstract

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.

Suggested Citation

  • Suchismita Ghosh & Ritu Pareek & Tarak Nath Sahu, 2026. "Do corporate governance and firm-specific characteristics affect the environmental sustainability of India? A panel data approach," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 39(2), pages 238-257.
    • Handle: RePEc:ids:ijbire:v:39:y:2026:i:2:p:238-257
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