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ISSN 2063-5346
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Does Carbon Emission Disclosures Practices Affect The Value of Firms -A Study of Select Manufacturing Firms in India

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*Dr. K.R. Gola **Dr. Mridul Dharwal ***Dr. Nimmi Agarwal ****Ms. Shruti Ranjan
» doi: 10.31838/ecb/2023.12.4.076

Abstract

The main goal of today‟s world is to achieve the goal of sustainable development by preserving the environmentand it is one of the major measures in this direction isto reduce the emission of greenhouse gases.Carbon emission reduction, corporate carbon information disclosure (CID) has been an essential measure to attain carbon emission reduction globally.Thestudy examinsthe relationship ofVolume of carbon emission,Carbon Management Practice disclosure and Carbon emission disclosure with the value of the firm in India. The study uses data from 50 manufacturing companies from Nifty 100 listed. The relevant data for the period of three financial years 2019-2021 was extracted from CMIE ProwessIQ, annual and sustainability report of the companies. The data is analyzed using multiple regression with the help of SPSS. The criteria for the sample used are: companies Listed in Nifty, publish the annual report and sustainability report in 2019-2021, and as well as companies that implicitly or explicitly disclose carbon emissions. Volume of Carbon Emission which is measured by content analysis to find the amount of volume of carbon emission.

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