Corporate Characteristics and Their Impact on Sustainability Reporting Practices in India

Abstract

This research explores how various corporate attributes influence sustainability reporting practices among companies listed on the Bombay Stock Exchange (BSE). By examining data from a sample of 100 firms over a five-year span, the study evaluates the effects of factors such as organizational size, financial health, board composition, and governance structures on the depth and quality of sustainability disclosures. The findings indicate that larger companies, financially robust firms, and those with more independent boards tend to provide more detailed sustainability reports. Conversely, board size alone does not significantly impact sustainability reporting. These insights have important implications for corporate managers and policymakers aiming to enhance corporate transparency and accountability. The study highlights the need for targeted strategies to promote comprehensive sustainability reporting, particularly for smaller firms and those with less diverse boards.