Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Book Chapter Book Chapter Faculty Publications- Book Chapter Dublin Core The Dublin Core metadata element set is common to all Omeka records, including items, files, and collections. For more information see, http://dublincore.org/documents/dces/. Title A name given to the resource Exploring the relationship between esg performance and profitability in Indian power companies Description An account of the resource This study aims to assess the relationship and impact of Indian power companies' environment, social, governance (ESG) scores on firm performance. Since 2022, CRISIL Ratings Ltd publishes yearly ESG scores for 225 companies in India. The final 'ESG' score is a composite of individual scores for the three metrics: 'Environment', 'Social', and 'Governance'. This study intends to examine the influence of ESG scores on financial profitability measured by both net profit ratio and return on investment. The existence and degree of association between the variables is measured using correlation and simple linear regression analyses, respectively. The findings suggest that the overall ESG composite score is positively and significantly associated with firm profitability and moderately associated with returns. The 'Governance' metric stands out which has a strong and positive relationship with profitability in particular. These findings advocate that by investing in ESG initiatives, the chances of better financial performance are improved. 2024, IGI Global. All rights reserved. Creator An entity primarily responsible for making the resource Viswanath A.; Narayana S.H.; Bellamkonda V.S.; Sunil M.P. Source A related resource from which the described resource is derived ESG and Ecosystem Services for Sustainability, pp. 171-196. Publisher An entity responsible for making the resource available IGI Global Date A point or period of time associated with an event in the lifecycle of the resource 2024-01-01 Identifier An unambiguous reference to the resource within a given context <a href="https://doi.org/10.4018/979-8-3693-3771-4.ch007" target="_blank" rel="noreferrer noopener">https://doi.org/10.4018/979-8-3693-3771-4.ch007</a> <br /><br /><a href="https://www.scopus.com/inward/record.uri?eid=2-s2.0-85207557462&amp;doi=10.4018%2F979-8-3693-3771-4.ch007&amp;partnerID=40&amp;md5=6cd73794723c5ddbc9aa4aea25ed26e3" target="_blank" rel="noreferrer noopener">https://www.scopus.com/inward/record.uri?eid=2-s2.0-85207557462&amp;doi=10.4018%2f979-8-3693-3771-4.ch007&amp;partnerID=40&amp;md5=6cd73794723c5ddbc9aa4aea25ed26e3</a> Rights Information about rights held in and over the resource Restricted Access Relation A related resource ISBN: 979-836933772-1; 979-836933771-4 Format The file format, physical medium, or dimensions of the resource Online Language A language of the resource English Type The nature or genre of the resource Book chapter Coverage The spatial or temporal topic of the resource, the spatial applicability of the resource, or the jurisdiction under which the resource is relevant Viswanath A., Christ University (Deemed), India; Narayana S.H., Christ University (Deemed), India; Bellamkonda V.S., Christ University (Deemed), India; Sunil M.P., Christ University (Deemed), India