Advances in Consumer Research
Issue 2 : 503-518
Original Article
Environmental, Social and Governance Risk in the Emerging Market: The Impact on ESG Performance
1
Management Development Institute Murshidabad, West Bengal
Abstract

This study offers a vital comparative analysis of Environmental, Social, and Governance (ESG) Scores and ESG Risks, utilizing data from 196 Indian firms. Employing an Ordinary Least Squares (OLS) regression model effectively uncovers the relationship between ESG scores and ESG risks among these firms. The findings compellingly illustrate the differences in ranking between ESG scores and ESG risk. The study also reveals a critical inverse correlation: as a firm’s ESG score rises, its ESG risk diminishes. This emphasizes the urgent need for organizations to prioritize ESG initiatives, as it provides a strategic roadmap for minimizing ESG risk exposure. Such insights empower firms to make informed decisions that can significantly boost their ESG scores. Furthermore, the practical implications of this research are substantial for organizations, laying a foundation for decision-making that fosters sustainability and long-term success..

Keywords
Recommended Articles
Research Article
The Influence of Social Commerce Features on Impulse Purchases: Evidence from Emerging Markets
...
Published: 28/10/2025
Research Article
Impact of Violent and Crime-Based Movies on Consumer Attitudes Toward Home Security Products
...
Published: 30/09/2025
Research Article
Impact of Resort-Based Marketing Stimuli on the Engagement of Customers: An Empirical Investigation of Tourists' Response in North Karnataka
...
Published: 28/10/2025
Research Article
A Comprehensive Review of Theoretical Models and Investor Behavioural Intentions Toward Digital Platform Adoption in Bengaluru's Fintech Sector
Published: 28/10/2025
Loading Image...
Volume 2, Issue 2
Citations
126 Views
131 Downloads
Share this article
© Copyright Advances in Consumer Research