The Relationship between Socially Responsible Investing (SRI) and Stock Performance of BSR Listed Firms in India

Murugesan Selvam; Dhamotharan Dhanasekar; Balasundram Maniam; Sankaran Venkateswar

doi:10.18374/JABE-24-1.2

The Relationship between Socially Responsible Investing (SRI) and Stock Performance of BSR Listed Firms in India

Murugesan Selvam, Dhamotharan Dhanasekar, Balasundram Maniam, Sankaran Venkateswar

Research output: Contribution to journal › Article › peer-review

Abstract

The aim of this study is to examine the relationship between Socially Responsible Investing (SRI) and Stock Performance of BSE Listed firms in India. The measurement of ESG score, for socially responsible investing and stock return for stock performance, were used as variables in this study. The study found that there was a positive relationship between socially responsible investing and stock performance of BSE listed firms. It is suggested that the sample firms in India may continue to make the socially responsible investing towards environment etc., because such acts would promote reputation of the firms in the long run.

Original language	American English
Pages (from-to)	19-29
Journal	Journal of Academy of Business and Economics
Volume	24
Issue number	1
DOIs	https://doi.org/10.18374/JABE-24-1.2
State	Published - 2024

Access to Document

10.18374/JABE-24-1.2

Cite this

@article{6b1a3f6b98bf4e6c9c03c0ed6488aa81,

title = "The Relationship between Socially Responsible Investing (SRI) and Stock Performance of BSR Listed Firms in India",

abstract = "The aim of this study is to examine the relationship between Socially Responsible Investing (SRI) and Stock Performance of BSE Listed firms in India. The measurement of ESG score, for socially responsible investing and stock return for stock performance, were used as variables in this study. The study found that there was a positive relationship between socially responsible investing and stock performance of BSE listed firms. It is suggested that the sample firms in India may continue to make the socially responsible investing towards environment etc., because such acts would promote reputation of the firms in the long run.",

author = "Murugesan Selvam and Dhamotharan Dhanasekar and Balasundram Maniam and Sankaran Venkateswar",

year = "2024",

doi = "10.18374/JABE-24-1.2",

language = "American English",

volume = "24",

pages = "19--29",

journal = "Journal of Academy of Business and Economics",

number = "1",

}

TY - JOUR

T1 - The Relationship between Socially Responsible Investing (SRI) and Stock Performance of BSR Listed Firms in India

AU - Selvam, Murugesan

AU - Dhanasekar, Dhamotharan

AU - Maniam, Balasundram

AU - Venkateswar, Sankaran

PY - 2024

Y1 - 2024

N2 - The aim of this study is to examine the relationship between Socially Responsible Investing (SRI) and Stock Performance of BSE Listed firms in India. The measurement of ESG score, for socially responsible investing and stock return for stock performance, were used as variables in this study. The study found that there was a positive relationship between socially responsible investing and stock performance of BSE listed firms. It is suggested that the sample firms in India may continue to make the socially responsible investing towards environment etc., because such acts would promote reputation of the firms in the long run.

AB - The aim of this study is to examine the relationship between Socially Responsible Investing (SRI) and Stock Performance of BSE Listed firms in India. The measurement of ESG score, for socially responsible investing and stock return for stock performance, were used as variables in this study. The study found that there was a positive relationship between socially responsible investing and stock performance of BSE listed firms. It is suggested that the sample firms in India may continue to make the socially responsible investing towards environment etc., because such acts would promote reputation of the firms in the long run.

U2 - 10.18374/JABE-24-1.2

DO - 10.18374/JABE-24-1.2

M3 - Article

VL - 24

SP - 19

EP - 29

JO - Journal of Academy of Business and Economics

JF - Journal of Academy of Business and Economics

IS - 1

ER -