An Empirical Study of Online and Offline Way of Disclosure of Corporate Environmental Material

Abstract

The growth of the internet and other IT has altered global ease of necessary material outside of national boundaries. Due to the internet's capacity to disseminate information at a rapid pace, most businesses today are taking advantage of the opportunity to reveal financial as well as nonfinancial material to their stakeholders, such as environmental related content. The sample used in the current study consisted of 100 businesses that are listed on the BSE-500 Index Stock. T-test was utilised as the statistical method in the current study to compare the online and offline modes of disseminating environmental information by Indian businesses and MNCs. MS-Excel Analysis Tool Pack was used as the study's software. Analysis of it has shown that it is a sad situation when some of the top executives of major corporations are found to be withholding any type of information about their environmental performance. In India, online environmental reporting is still in its infancy. Large business houses and markets with high market capitalization do not give much thought to their surroundings.