Environmental Factors and Financial Performance in Sensitive Sectors of India
This scholarly article seeks to examine the effects of Environmental Factors on the financial performance of a cohort of cement companies listed on Indian stock exchange NSE. Within the cement sector, variables such as energy efficiency, greenhouse gas emissions, exert significant effects on both profitability and market value. This investigation aspires to dissect the association between the Enivronmental dimensions and financial performance, clarifying the influence of sustainability practices, on investor confidence and overall sectoral advancement during the timeframe of 2020 to 2024. Utilizing a quantitative framework through the application of rigorous panel data regression models, the empirical findings indicate that energy inefficiency adversely affects financial performance, underscoring the necessity for sustainable operational practices. GHG have a positive correlation with firm performance. long-term assets exhibit mixed impacts—favorable for market valuation but adverse for return on assets (ROA) and return on equity (ROE). Market valuation is significantly shaped by the asset base.
Authors
- G Srinivas Kulkarni
Publication Details
- Journal
- Journal of Information Systems Engineering & Management
- Published
- 2025-05-01
- DOI
- https://doi.org/10.52783/jisem.v10i41s.7989
- Primary Topic
- Islamic Finance and Banking Studies
- Type
- article
- Field-Weighted Citation Impact
- 0.00