Sustainability Reporting in the Banking Sector: Exploring the Trends and Unravelling the Impact on Financial Performance

Authors

  • Meenu Maheshwari Associate Professor Department of Commerce and Management University of Kota, Kota
  • Ashok Kumar Gupta Retired Principal Govt. Arts Girls College Kota
  • Nupur Tiwari Research Scholar Department of Commerce and Management University of Kota, Kota

DOI:

https://doi.org/10.33516/maj.v59i1.57-62p

Keywords:

No keywords.

Abstract

The exponential rise in sustainability disclosures has lured to explore the five years data (2016-17 to 2020-21) based on environmental, social, and internal socioenvironmental disclosures made by Indian private sector banks, listed on BSE SENSEX and to determine the association and impact on financial performance using ROE and EPS as proxies. An inter and intra bank comparison has been made using Kruskal Wallis H – test by applying the Spearman Rank Correlation to determine the association and findings revealed that hypotheses proved to be insignificant. Moreover, disclosures are limited to narrative ones and lack the quantitative aspect and study recommends framing stringent framework and policies to ensure uniformity, fairness, and accountability of sustainability disclosures made by the respective companies.

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Published

2024-03-14

How to Cite

Maheshwari , M., Gupta, A. K., & Tiwari , N. (2024). Sustainability Reporting in the Banking Sector: Exploring the Trends and Unravelling the Impact on Financial Performance. The Management Accountant Journal, 59(1), 57–62. https://doi.org/10.33516/maj.v59i1.57-62p

Issue

Volume 59, Issue 1, January 2024

Section

Cover Story
Crossref
Scopus
Google Scholar
Europe PMC

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