Vol. 4, Issue 6 (2017)
Growth in returns for Nifty and ESG Index: A non-financial reporting approach
Author(s): Prakhar Wadhwa
Abstract: This paper tries to compare growth in returns for Nifty and ESG Indices and examines if the reporting of non-financial information by the firms in ESG Index affects the growth in returns of ESG Index as compared to Nifty Index in the pre-crisis, crisis and post-crisis period. The analysis indicates that Nifty Index has performed better in pre-crisis period but ESG Index has performed better in crisis and post-crisis period.