Open Access Research Article

CORPORATE ENVIRONMENTAL RESPONSIBILITY, FINANCIAL PERFORMANCE AND ENVIRONMENTAL OUTCOMES IN INDIA: A REVIEW

Author(s):
ZEDAAN ALI ABDUL GAFFAR
Journal IJLRA
ISSN 2582-6433
Access Open Access
Volume 3
Issue 8

Abstract

This current review of the literature gives an overview of the linkage between corporate environmental responsibility (CER) and corporate financial performance (CFP) of Indian companies. Based on the PRISMA guidance, we searched Scopus and Web of Science, in addition to Google Scholar, for English-language articles published between 2000 and July 2024 and ended up with 24 studies. The evidence is not homogeneous in design and measurement, so it is being synthesised thematically. Studies reviewed are focused on manufacturing and the metro and north west areas. Tend to have a positive association with CER and CFP, with return on assets, return on investment and cost reduction most studied. The actions taking priority are aimed at waste reduction, recycling and energy efficiency as the ones most likely to connect financial and environmental benefits. It seems to be dependent on firm size, on sector and on the measures taken, and for small and medium-sized enterprises, there is little evidence. Implications for firms and the policy domain are discussed, and research priorities are pinpointed.

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Author Details

Authors: ZEDAAN ALI & ABDUL GAFFARRegistration ID: 1013656 | Published Paper ID: IJLRA13656 & IJLRA13657Approved ISSN: 2582-6433 | Country: Delhi, India

About Journal

International Journal for Legal Research and Analysis

  • AbbreviationIJLRA
  • ISSN2582-6433
  • AccessOpen Access
  • LicenseCC 4.0

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