Impact of Corporate Governance Attributes on Environmental Disclosures in India

What is it about?

It is an empirical study of environmental disclosures practices of 177 randomly selected most polluting companies in India for 6 years employing panel data regression analysis. It is true that enterprises economic activities cause adverse impact on society besides positives and the same needs be checked through appropriate disclosures. The study is based on the assumption that Governance determines the disclosures over and above mandatory level.

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Why is it important?

Large Companies in order to legitimise their operations and large board size being less effective are positively and negatively associated with environmental disclosures respecitvely. For complying foreign reporting requirements, Foreign Ownership is the most dominant attribute that engages corporates in determining environmental disclosures.