Abstract
The present article investigates whether the different ownership structures in the non-finance sector impact the Environmental, Social, and Governance scores (ESG). Panel data regression has been used for analyzing the publicly listed 500 listed companies on National Stock Exchange (NSE), India, excluding the banking and financial services sector from 2015 to 2020. The variables used are size, age, leverage, cost of debt, number of independent directors, number of women on board, market capitalization, interest coverage ratio, Government Ownership, and Private Ownership. Results reflected that government ownership had a positive and significant impact on the ESG scores of the companies, whereas there is an insignificant relationship with privately-owned companies. The study will be helpful for academicians to gain insight into the relationship between ownership structures and ESG scores.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
