Authors : Professor. Padmini Srinivasan and Ms. Prabeetha Bolar
Sponsor / Support : Wipro
Year : 2019-20
Abstract
There have been significant environmental changes, including climate-related events that are affecting the businesses in India and the world. The impact of these events is estimated to cost the global economy by 20 percent of its GDP over the next few years with serious economic consequences for the business. Inspite of such an alarming risk, very little is known on how corporates deal with sustainability in general and environmental sustainability in particular and their linkages to corporate risks in a strategy setting.
This exploratory study attempts to understand the state of environmental sustainability risk disclosures of a select 200 companies listed in the National Stock Exchange of India (NSE). We use content analysis to study the disclosures made in the Annual Report, Business Responsibility Report, Sustainability Reports and other allied reports presented by the companies to understand the levels of disclosures. Further, we study the extent of disclosures by the companies to understand the present state of engagement with environment sustainability and climate change and their integration with the mainstream risk management.
Our findings suggest that almost all companies have some basic general disclosures on risks this can mainly be attributed to the mandatory nature of disclosures in the annual report. However, companies do not disclose more than 37% of the total risk categories identified by the research. Only financial risks are discussed in detail. Environment Sustainability risk disclosure is poor, and the quality of disclosure is also low. Disclosures on climate change risks were even more opaque. It appears that the changes in the weather patterns have either not emerged as a significant cause of concern to be disclosed in the risk section or they companies have generally not disclosed the same. We also find that environmental disclosures are not integrated in a more comprehensive in the risk reports. We also find that companies had not integrated sustainability risk into the risk management framework and strategy mainly due to lack of understanding of the direct business impacts (quantification), lack of regulations and stakeholder pressure. Moreover, firms have a short-term outlook and are more focussed on quarterly results and profitability in the near term. Though reporting on environmental risks and climate change are weak, companies are taking initiatives on matters such as energy conservation, water, and waste management.

Authors : N. Balasubramanian
Year : 2019-20
Abstract
Effected in required standards of corporate governance, there is also some concern regarding overly increasing compliance and regulatory costs and efforts for companies as well as their independent directors. Among the major provisions of the Act are those of restraining voting rights of interested shareholders on related party transactions, recognition of board accountability to stakeholders besides shareholders, and extension of several good governance requirements to relatively large unlisted corporations.
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Authors : Professor P.D. Jose
Sponsor / Support : National Stock Exchange (NSE)
Year : 2013
Abstract
This study analyses the sustainability initiatives of India's top 100 companies across multiple variables related to sustainability. The study reveals significant variance in reporting across sectors as well as on the variables reported.

Authors : Professor Padmini Srinivasan
Sponsor / Support : NSE
Year : 2013
Abstract
The study analyses Indian companies for three years between 2009 and 2011 and finds that RPTs were widespread and present in almost all companies during this period.

Authors : Professor Vasanthi Srinivasan and Professor Rejie George
Sponsor / Support : NSE
Year : 2013
Abstract
Women constitute 48% of the population of India; yet their presence on the boards of companies has not been substantial. This paper attempts to define the pathways available to women on Indian boards. A qualitative research methodology with 15 in-depth interviews with women directors was adopted to study the phenomena.

Authors : Professors N. Balasubramanian, Samir Barua and D Karthik
Sponsor / Support : NSE
Year : 2013
Abstract
This paper explores these issues in the Indian context with special reference to the role of corporate performance, corporate ownership, and corporate governance in optimising CEO compensation in keeping with the shareholders' interests. The study is based on published compensation data (both yearly absolutes and year-on-year changes) relating to the 5-year period 2007-2012 for the top 102 companies in the country.

Authors : Balasubramanian and Ramaswamy
Year : 2013
Abstract
This paper tracks the movements in corporate ownership in India among its top companies in the first decade of the new millennium and moving forward in to the second. It offers a fascinating kaleidoscope of the changing political and regulatory environment driving ownership patterns in sympathy.

Authors : N. Balasubramanian and Ramaswamy
Year : 2013

Authors : Professor Vasanthi Srinivasan and Professor Padmini Srinivasan
Sponsor / Support : NFCG
Year : 2012
The research is an attempt at understanding the state of the field of teaching in corporate governance (CG), ethics, corporate social responsibility (CSR) and environment and sustainability.