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Bauri, Somnath
- An Empirical Study in Sustainability Reporting Practices of Indian Small and Medium-Sized Enterprises
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Authors
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1 Associate Professor, Department of Commerce, Sidho-Kanho-Birsha University, West Bengal, IN
2 Research Scholar, Department of Commerce, Sidho-Kanho-Birsha University, West Bengal, IN
1 Associate Professor, Department of Commerce, Sidho-Kanho-Birsha University, West Bengal, IN
2 Research Scholar, Department of Commerce, Sidho-Kanho-Birsha University, West Bengal, IN
Source
Journal of Commerce and Accounting Research, Vol 10, No 1 (2021), Pagination: 67-76Abstract
The present study is undertaken to examine to what extent sustainability guidelines, national and international, are followed by the Indian SMEs. The main objective of this study is to examine the sustainability disclosure practices of Indian SMEs. For this purpose, 25 SMEs are considered which are listed in BSE SME and their annual reports for the year 2018-19 are examined. The present study indicates that sustainability issues are of the highest priority but still in their nascent stage particularly among the Indian SMEs. Based on content analysis, the study result shows that the overall disclosure level of sustainability issues is moderate. This pilot study provides an idea about the sustainability reporting practices of Indian Small and Medium-sized Enterprises. Despite some limitations, this is the first study that examines the extent of sustainability reporting practices voluntarily following national and international guidelines.Keywords
Sustainability, Reporting, Content Analysis, SMEs, Sustainability Standard, Responsibility Reporting.References
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- Climate Risk and Financial Performance of Energy Companies – A Cross-Country Analysis
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Authors
Affiliations
1 Associate Professor, Department of Commerce, Sidho-Kanho-Birsha University, Purulia, West Bengal, India., IN
2 Research Scholar, Sidho-Kanho-Birsha University, West Bengal, India., IN
1 Associate Professor, Department of Commerce, Sidho-Kanho-Birsha University, Purulia, West Bengal, India., IN
2 Research Scholar, Sidho-Kanho-Birsha University, West Bengal, India., IN
Source
International Journal of Financial Management, Vol 12, No 1 (2022), Pagination: 11-22Abstract
Climate change imposes greater physical, transitional, as well as regulatory risks, on the firm’s financial and operational activities. However, while evaluating the performance of the firms, the traditional financial performance indicators do not incorporate climate risk. Without integrating climate risk in the traditional performance indicators, the firms may be misleading the investors and other stakeholders by claiming higher achievement and better performance. Hence, this paper has tried to examine the firm’s performance after integrating climate risk with the traditional financial indicators. Our results provide evidence that climate risk significantly affects the financial performance of firms. More specifically, energy companies from developing countries are more exposed to climate risk, than those located in developed countries. The study also revealed that companies from the developed countries have generated a higher amount of revenue and profit, but they (except Australia) are not able to transfer the company’s methods of working to lower emissions production.Keywords
Climate Risk, Integrated Ratios, Financial Performance, Energy IndustryReferences
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