Explore the findings of this insightful study published in Finance Research Letters (ABDC-A), which delves into the impact of ESG (Environmental, Social, and Governance) practices on the financial performance of Nifty 50 companies in India (2015–2022). Using fixed-effects panel quantile regression, the study reveals that ESG's influence on Return on Equity (ROE) varies across the ROE distribution. Key insights include:

- Environmental and Governance Scores: Consistently negative impact on ROE across most quantiles.
- Social Score: Generally insignificant, with a mildly negative effect at lower ROE levels.

These findings offer valuable implications for investors, corporate leaders, and policymakers striving to balance sustainability with profitability.

#ESG #Nifty50 #FinanceResearch #Sustainability #CorporateGovernance

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