Performance of Circular Economy-focused Organisations in the Stock Market and its Societal Impact
The circular economy-focused organisations are units that function under the principles of the circular economy. This study demonstrates the societal impacts of the circular economy-focused organisations in the stock market with respect to a range of social, economic and environmental issues of sustainable development goals (SDGs). The higher influx of capital flow from the stock market by investing in these circular economy-focused organisations will allow the organisations to scale up their operations, spend more on innovative practices and develop more sustainable practices. That, in turn, leads to a positive societal impact by reducing overall resource consumption, waste generation, environmental degradation and unemployment. Thus, the performance of circular economy-focused organisations in the stock market can have direct and indirect impacts on multiple SDGs. JEL Codes: G10, R11
Authors
- Parthajit Kayal (ORCID: https://orcid.org/0000-0001-7741-5800)
- Moinak Maiti (ORCID: https://orcid.org/0000-0003-0045-6174)
Institutions
- University of the Witwatersrand (ZA)
- Madras Institute of Development Studies (IN)
Publication Details
- Journal
- The Indian Economic Journal
- Published
- 2024-09-28
- DOI
- https://doi.org/10.1177/00194662241278979
- Primary Topic
- Sustainable Supply Chain Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00