Title: Effectiveness of sustainability related governance: evidence from India

Authors: Punita Malik; Rajbir Singh

Addresses: Department of Management Studies, Deenbandhu Chhotu Ram University of Science and Technology, Murthal, Sonepat, Haryana – 131039, India ' Department of Management Studies, Deenbandhu Chhotu Ram University of Science and Technology, Murthal, Sonepat, Haryana – 131039, India

Abstract: The study delves into the newly bulging stream of sustainability related governance. The increasing prevalence of sustainability committees in companies has instigated researchers to explore such specialised governance and assess its impact on corporate sustainability. However, this research can be more pronounced by studying the mechanism behind such governance. Since, governance is exercised through decisions and strategies; this study investigates its role in enhancing the sustainability reporting strategy as well as quality. Panel data analysis is performed on a sample of 103 Indian companies for the period FY 2016–2017 to FY 2021–2022. The results reveal that sustainability related governance plays a significant role in formulating better sustainability strategy and enhancing the quality of reporting in companies. These findings contribute to existing literature as the value of sustainability related governance has been undermined in previous literature. Moreover, these findings could lead to better configuration of organisations into the sustainability milieu.

Keywords: sustainability reporting quality; SRQ; sustainability reporting strategy; SRS; sustainability related governance; SRG; Global Reporting Initiative; GRI; India.

DOI: 10.1504/IJBCG.2024.144363

International Journal of Business Competition and Growth, 2024 Vol.9 No.3/4, pp.205 - 229

Received: 28 Apr 2024
Accepted: 04 Sep 2024
Published online: 10 Feb 2025 *

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