Title: Regulations on sustainability reporting as a global force in shaping business enterprises: evidence from India
Authors: Periasamy Mathivanan; Ramaiah Kasilingam
Addresses: Department of Management Studies, School of Management, Pondicherry University, Puducherry, 605014, India ' Department of Management Studies, School of Management, Pondicherry University, Puducherry, 605014, India
Abstract: McKinsey in 2010 identified the larger role of the 'state' as a business regulator as one of the five global forces that shape business enterprises. In the recent past, this was very evident in India when both the government and the stock market regulator introduced changes in business responsibility reporting of Indian enterprises. Intelligent enterprises adapt swiftly to changing regulatory mechanisms be it voluntary or mandatory. In this paper, we discuss how Indian enterprises respond to sustainability reporting requirements both in the voluntary and mandatory regimes. Among the variables identified for our study company's age, industry type, market capitalisation and listing status of the company including index type influences global sustainability reporting practices in India.
Keywords: GRI; sustainability reporting in India; mandatory BRR; sustainability index; sustainable companies; SRTs; India.
International Journal of Intelligent Enterprise, 2020 Vol.7 No.1/2/3, pp.188 - 202
Received: 01 Oct 2018
Accepted: 14 Jan 2019
Published online: 27 Jan 2020 *