Document Type
Article in Press
Abstract
This research investigates the influence of corporate governance (CG) practices on the sustainability performance (SP) of Indian non-financial firms. The study, utilizing a balanced panel of 1550 firm-year observations, demonstrates that overall corporate governance score and CEO duality improve sustainability performance. However, the moderation effect indicates that the positive effect of CG practices on SP is compromised when the same person holds both CEO and chairperson positions in a firm. Additionally, the relationship between CG and SP varies based on ownership structure, i.e., group-affiliated and non-group affiliated firms, as well as different industrial sectors, i.e., manufacturing, service, and diversified sectors.
Recommended Citation
Mohapatra, Malaya Ranjan and Mishra, Chandra Sekhar
(2025)
"Unravelling the Nexus Between Corporate Governance and Sustainability Performance: Evidence from India,"
Bulletin of Monetary Economics and Banking: Vol. 28:
No.
3, Article 5.
DOI: https://doi.org/10.59091/2460-9196.2129
Available at:
https://bulletin.bmeb-bi.org/bmeb/vol28/iss3/5
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
Country
India
Affiliation
Indian Institute of Management Jammu
