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This paper aims to forecast the stock price and analyze the return volatility of India’s top three socially responsible companies. This study used ARIMA and GARCH models to forecast the stock price and analyze return volatility. For the analysis, the required time series data are collected from Yahoo Finance from 01-08-2012 to 29-07-2022 of the companies’ Monthly and daily closing stock prices. The socially responsible companies are selected based on India’s sustainability indices. The findings of the study show that the ARIMA (9,1,9) model for HDFC Ltd, ARIMA (10,1,7) for Reliance Industries Ltd, and ARIMA (2,1,2) are suitable models to forecast the stock price. Also, the study’s findings forecasted stock prices from August 2022 to July 2023. The forecasted stock price for July 2023 of HDFC Ltd is INR 2,613.78, Reliance industries Ltd is INR 3,073.75, and ICICI Bank Ltd is INR 857.73. Reliance Industries Ltd (σ2t = 0.9270586) is less volatile, and HDFC Ltd (σ2t = 0.9665041) is more volatile among the three companies, ICICI Bank Ltd (σ2t = 0.9507527) is the second high volatile company. The present study is limited to the top three companies that were selected from the three sustainability indices of BSE. The study is also limited to analysis of past volatility of stock price returns.

The object of this article is to present a concise study of the state of scientific literature regarding the relationship between the Environmental, Social and Corporate Governance (ESG) factors and the financial performance at a company-based level, taking into account the sustainable paradigm. According to scientific literature, we expect that the more socially responsible companies are interested in the well-being of the stakeholders (customers, employees, members of the supply chain, and the community) as much as in that of their shareholders.

Copyright of Revista Venezolana de Gerencia (RVG) is the property of Revista de Filosofia-Universidad del Zulia and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The paper attempts to answer an interesting question of whether green and socially responsible companies are well rewarded in terms of better price discovery and higher returns in the Indian stock market during the COVID'19 pandemic. The paper makes use of a semi-log regression equation, Paired Samples t-test and various risk-adjusted techniques of performance evaluation to achieve the objectives of the study. We find that the impact of COVID'19 was positive and significant for green and socially responsible companies. Further, these companies outperformed their counterparts by showing better price discovery, significantly higher returns and risk premiums using various risk-adjusted measures. Our findings have paved the way for green investing or socially responsible investing in India and are relevant for banks, mutual fund or portfolio managers, policymakers and investors. Offering green or socially conscious products like Green Fixed Deposit Options, Clean Technology Ventures, etc., should become a priority for banks and mutual funds. Regulators and policymakers should ensure that environmentally friendly and socially conscious businesses receive enough funding for the best possible use while causing the least amount of environmental damage. Since the securities of these companies are performing well during the pandemic period, there is a distinct possibility that investors are putting more faith in these companies. [ABSTRACT FROM AUTHOR]

Copyright of Optimum. Economic Studies is the property of University of Bialystok and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Copyright of Journal of Business Development Strategies is the property of ECORFAN-Mexico S.C. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The huge disparity in the pay given to higher level executives in Indian companies has stirred a nation-wide debate regarding the viability of the pay-performance concept. On the other hand, the top-notch businesses claim to be good social performers by adhering to the rules, regulations and norms prevailing in the country concerning the welfare of the community encompassing it; broadly referred to as Environmental, Social and Governance (ESG) companies. The purpose of this paper is to examine and determine the link between firm performance (taken as independent variable) and compensation pay (considered as dependent variable) of such large as well as socially responsible companies. For sample of the firms, data has been collected from NSE Nifty 100 ESG Index and data for all other measures has been extracted from CMIE Prowess database. Panel regression results indicate that Return on Equity (ROE) has a significant negative impact while stock return of investors do have a significant positive impact on the compensation pay. In order to overcome the persistent underlying endogeneity issue, One-step System Generalised methods of moments (GMM) estimator has been employed. The overall findings indicate that accounting measure of firm performance exerts a significant impact on the compensation paid to the executives in ESG firms of India. [ABSTRACT FROM AUTHOR]

Millennials is the name given to the generation of young people that are currently joining companies and are destined to be the worldwide leaders in the near future. This study analyses how they perceive companies as a workplace. Their specific preferences and personal values could influence organizational behaviour to be more responsible or not. The study is based on 1,833 respondents conducted on millennials from six Ibero–American mixed high‐ and low‐income countries. The results demonstrate that, regardless of whether their profile is more or less individualistic or collectivist, this generation is attracted to sustainable companies. However, differences are detected when the sample is controlled by the wealth of the country of origin. Then, the differences between the individualist and collectivist millennials are accentuated. This article concludes with some useful reflections for human resources departments and management teams in charge of establishing their companies' sustainable policies. [ABSTRACT FROM AUTHOR]

Even though companies’ valuation techniques have evolved and have been developed into more sophisticated methods, there is still a big dilemma in the investing world about finding the price of a company. Our research focus on finding the price for a company’s stock by using ethical principles in addition to economical foundation. This paper covers the merger of economic, financial, and ethical factors included in the model and resulting in an intrinsic price using a modified discount cash flow (MDCF) method. Presentation of the model’s results were discussed to compare the MDCF stock value to the actual market price. Our inference shows that incorporating ethical principles, like using real economy factors instead of interest rate and using paid taxes in a valuation model can show a better correlation with stock prices compared to regular DCF model prices for the chosen companies. Such model can be developed as a response to investors’ choice for ethical strategies for stocks selection strategies as well as assets valuation.

Corporate social responsibility (CSR) is increasingly viewed as a strategic management tool for companies to draw in candidates. In this arena, international responsible rankings such as ‘The Great Place to Work’, ‘Family Responsible Employer Index (FREE)’ or ‘The Best Companies for Working Mothers’ put emphasis on the value of responsible behaviours, not only for surviving in the market, but also to ‘win the war for talent’. Using a sample of Spanish University students, this research aims to analyse the process of selecting responsible organizations to work and whether there is a possible future conflict of interest by students between their own and organizational values. Surprisingly, the university students assessed two opposing situations with the highest values: of looking to change employer and of letting time pass in order to ignore the conflict. The implications of the students’ assessments and the related factors which affect their decision-making criteria are explored in this article. [ABSTRACT FROM AUTHOR]

Copyright of Organizacija is the property of Sciendo and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)