ItemConference Paper

Assessing the Impact of ESG Factors on Firm Performance: Empirical Evidence from CRIP Sector

Title
Assessing the Impact of ESG Factors on Firm Performance: Empirical Evidence from CRIP Sector
Creator
Rajath, B.S.; Abhilash, G.; Devarajappa, S.; Geetha, V.; Devi, Geetha; Jain, Savin Kumar; Priyanka, H.B.; Kalli, Rajesh
Description
In recent times, managers and politicians have been impacted by key variables such as ethics,corporate governance,and ESG, leading to investment choices and the establishment of strong rules. There is an increasing focus on the understanding of environmental stability and the socio-economic growth of nation-states, which has led to the priority of sustainable and responsible investment methods. Nevertheless, there remains a void in investigating the CSR- and associated corporate characteristics that impact business performance The main purpose of the current research is to explore the influence of ESG factors on company performance, with a special emphasis on the Infrastructure,Construction, Real Estate, Infrastructure, and Project (CRIP) sectors. The research employed the Crisil ESG database, providing comprehensive financial data andESG ratings of 42 organizations. Fixed effect panel regression was performed to evaluate the impact of ESG disclosure on company performance. The data revealed that the combined ESG score has a positive and large effect on the (WACC) Weighted Average Cost of Capital. The findings from the study are meant to aid varied stakeholders for policy-making and strategic decision-making in the Indian CRIP business. The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2025.
Source
Lecture Notes in Civil Engineering;Volume;238 LNCE;pp.239-250
Date
01-01-2025
Publisher
Springer Science and Business Media Deutschland GmbH
Subject
CRIP sector; ESG; Financial Performance; Regression Model
Coverage
Rajath B.S., School of Business and Management Christ University, Bangalore, India; Abhilash G., School of Commerce and Management Studies, Dayananda Sagar University, Karnataka, Bangalore, 560111, India; Devarajappa S., Tumkur University, Tumkur, 572103, India; Geetha V., Seshadripuram Evening College, Bengaluru, 560020, India; Devi G., Madanapalle Institute of Technology, Madanapalle, 517325, India; Jain S.K., National Institute of Technology Karnataka, Surathkal, 575025, India; Priyanka H.B., DOSR in Commerce, Tumkur University, Tumkur, 572103, India; Kalli R., School of Commerce and Management Studies, Dayananda Sagar University, Karnataka, Bangalore, 560111, India
Rights
Restricted Access; Hardcopy may be available in the library
Relation
ISSN: 23662557; ISBN: 978-981977205-6;
Format
online
Language
English
Type
Conference paper

Citation

Rajath, B.S.; Abhilash, G.; Devarajappa, S.; Geetha, V.; Devi, Geetha; Jain, Savin Kumar; Priyanka, H.B.; Kalli, Rajesh, “Assessing the Impact of ESG Factors on Firm Performance: Empirical Evidence from CRIP Sector,” CHRIST (Deemed To Be University) Institutional Repository, accessed June 18, 2026, https://archives.christuniversity.in/items/show/25634.

Output Formats