MARKET CAPITALIZATION AND ITS RELATIONSHIP WITH ESG SCORE
DOI:
https://doi.org/10.29121/shodhkosh.v5.i6.2024.3675Keywords:
Market Capitalization, Environmental Score, Social Score, Governance Score and ESG ScoreAbstract [English]
Sustainability Reporting is used to rank the company based on its performance. The ranking is done on three bases namely Environmental Score, Societal Score and Governance Score. In Environmental Score, the company’s performance is measured with respect to its initiatives in maintaining the balance between environmental and company. When it comes to Societal Score, the societal contributions of company are measured. Lastly under the umbrella of Governance Score, the performances of company with respect to corporate governance policies are analyzed. Apart from this, a companies’ performance can also be estimated with the help of Market Capitalization. Market Capitalization also known as Market Cap, is used to know the financial performance of the company. The main objective is to link Market Capitalization with ESG Score. In this research article, the relationship between Environmental Score, Social Score, Governance Score, and ESG Score with Market Capitalization is brought under study. With the help of Correlation, regression and predictor analysis, the most dominant predictor is evaluated.
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New Source of companies:https://www.nseindia.com/regulations/listing-compliance/nse-market-capitalisation-all-companies
ESG Ratings:https://www.crisilesg.com/en/home/esg-ratings.html
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