SURYODOY GHOSH
Commerce
June 2025
The study focuses on how disclosing Environmental, Social and Governance information affects a firm’s value, plus how thorough reporting is related to success in the market and on financial statements. By using quantitative research techniques, the study checked data from 150 different firms that operate in different fields and places. Reliable secondary sources were used to get ESG scores, while the value of each firm was measured using Tobin’s Q and ROA. The findings indicate that ESG factors have a positive effect on firm value and governance is the most closely related to market valuation, while environmental aspects mainly contribute to profits. It was found through regression that businesses with a solid ESG rating, larger scale and less leverage tend to accomplish better financial results. ESG reporting is found to help companies add value for the long run because of stakeholder and signaling theories and not only because it is required by regulations. The findings are useful for managers, investors and policy leaders who hope to encourage businesses toward being more sustainable.
760- 774
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