ESG AND EVA: EMERGING, DEMANDING & COMMANDING FIRM’S EVALUATORS GLOBALLY-A PERSPECTIVE IN INDIAN CORPORATE CONTEXT

As long as the existence of any business Firm is concerned its financial performance evaluation is still one among the prime activities. There are numerous Traditional methods of fulfilling the above objective as EPS, RI, ROA, ROI, Net Profit and Contribution Margin  etc. All used to target on done financial activities, While present scenario demands the focus to creat future oriented shareholder value measurement Techniques.EVA which has a significant relationship between wealth maximization and wealth of shareholders also found a recommended place in financial reporting of  Indian Corporates as Infosys, HUL and many more.ESG which states about ‘greeniums’ or termed as premiums on green bonds  is on an encouraging sign because it is creating a climate-positive  investment environment. In the present Globalized environment the concept of ESG which lays impact on Creditworthiness of the projects and as well as on Contingent liabilities etc. Similarly Compliance with specific global standards can be meet out with the help of this strong social impact evaluator environmental, social and corporate governance. There is a great focus on ESG strategy during this pandemic time of COVID for the well being of communities, protect people and to safeguard the long term economic performances of the companies. This is a preferable area of research too.

               

KEYWORDS: Environmental, Economic Value Added, Earning per Share, Return on Investment.


DOI:

Article DOI:

DOI URL:


Download Full Paper:

Download