Corporate Governance and Sustainability Reporting: A Study of Listed Pharmaceutical Companies in India-Reference-Cited by-同舟云学术

Corporate Governance and Sustainability Reporting: A Study of Listed Pharmaceutical Companies in India

Published:2024-01-30 Issue: Volume: Page:25-36
ISSN:2230-9241
Container-title:Research Bulletin
language:
Short-container-title:rb

Author:

Arti ,Koli L. N.

Abstract

The main objective is to depict the magnitude of Sustainability Reporting in ten selected BSE-listed Pharmaceutical Companies in India. The data analysis period from 2018–19 to 2022–23. The information was gathered from selected companies’ annual reports. Moreover, researchers used a multiple regression model to know the influences of the independent variables on the dependent variable. The hypothesis was found statistically significant for board size, board independence, promoter shareholdings, foreign shareholding, and institutional shareholdings. The remaining variables were insignificant. It indicates that good attributes of Corporate Governance minimize market information asymmetry and provide valuable information to the stakeholders. This research is important for policymakers and management to examine these companies’ disclosure strategies and trends.

Publisher

The Institute of Cost Accountants of India

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