Corporate social responsibility and environmental sustainability: Evidence from India using energy intensity as an indicator of environmental sustainability

作者: Mousami Prasad , Trupti Mishra , Varadraj Bapat , None

DOI: 10.1016/J.IIMB.2019.07.014

关键词: SustainabilityEnergy consumptionStock exchangeEnergy intensityPublic policyPublic economicsEmpirical evidenceBusinessCorporate social responsibility

摘要: Abstract Corporate social responsibility (CSR) expenditure is mandatory for select firms in India. This an attempt to fix and environmental at firm level. As a result of mandated CSR, it expected that will address concerns, which may ensure sustainability. However, the empirical evidence on role engagement CSR firm's performance very limited provides mixed views. study, therefore, examine relationship between one sustainability indicators: energy intensity. For this, study first measures intensity using details fuel-wise consumption. Using data 100 listed Bombay Stock Exchange (BSE) over six years (2009–2010 2014–2015), regression results suggest present not significantly associated with The has implications public policy corporate managers.

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