Role of Corporate Social Responsibility (CSR) in the relationship between Green Accounting and Firm Value: Evidence from Indian Companies

Abstract

This empirical research looks into how different factors including Green accounting, capital structure, and CSR influence Firm value. The research is quantitative in nature, drawing on data from 31 consumer durables companies listed on BSE. The analysis uses multiple regression technique. Additionally, the study uses a CSR disclosure index based on the Key Performance Indicators of the Global Reporting Initiative. This study found that Green Accounting and Capital Structure have effect on Firm Value, and that CSR can significantly moderate this relationship. The study's results shed new light on the complex interplay Green Accounting, financial flexibility, and firm value. It provides empirical data on the links between green accounting, capital structure, CSR, and firm. These results are useful for policymakers and managers who want to know how corporate social responsibility and environmental policies affect an organization's bottom line and its overall efficiency. DOI: https://doi.org/10.52783/tjjpt.v44.i4.807