Sustainability Performance and Long-Term Financial Performance: A Study Based on Indian Companies
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Abstract
This study looks into the connection between Indian companies' long-term financial performance and sustainability performance. The research evaluates long-term financial performance using well recognized financial metrics and uses the amount spent on CSR to gauge sustainable practices. In order to comprehend the complex interactions between corporate sustainability activities and financial success in the Indian business environment, the research takes a holistic approach. The purpose of this study is to add to the increasing amount of literature on the subject of incorporating sustainable practices into corporate plans, with a focus on the Indian market. This study aims to shed light on the relationship between sustainability and financial performance in order to educate policymakers, investors, and decision-makers about the advantages and disadvantages of implementing sustainable business practices in the long run. The study's result shows no significant relationship between corporate social performance and corporate financial performance.
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