Unveiling redundancy in environmental, social, and governance reporting framework in India: an exploratory study

Devi, Renu, Firoz, Mohammad and Saravanan, R (2024) Unveiling redundancy in environmental, social, and governance reporting framework in India: an exploratory study. Sustainability Accounting, Management and Policy Journal. ISSN 2040-8021

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Abstract

This study aims to investigate redundant information in mandatory non-financial reports (NFRs) demanded by regulators, focusing primarily on overlapping disclosures in a new Indian sustainability reporting (SR) framework. The findings reveal an information overlap in SR disclosure with other NFRs disclosures. The disclosures of Directors’ Report have higher cosine similarity scores at the firm level with SR, followed by the Management Discussion and Analysis report, Corporate Governance report and Corporate Social Responsibility report. The additional analysis reveals that qualitative disclosures and disclosures comprising governance factors overlap more in SR.

Item Type: Article
Keywords: Sustainability reporting | ESG | Redundancy | Textual analysis | Cosine similarity | Institutional theory
Subjects: Social Sciences and humanities > Economics, Econometrics and Finance > Banking and Finance
JGU School/Centre: Jindal School of Banking & Finance
Depositing User: Arjun Dinesh
Date Deposited: 27 Dec 2024 08:47
Last Modified: 27 Dec 2024 08:47
Official URL: https://doi.org/10.1108/sampj-10-2023-0786
URI: https://pure.jgu.edu.in/id/eprint/8922

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