The study aims to unravel the impact of green performance and green initiatives on corporate financial performance, and also to explore and establish the relationship between specific components of green performance and financial performance. This study considers a panel dataset comprising 224 nonfinancial companies listed on NSE 500 index for the period of eight consecutive years, i.e., from 2014–2015 to 2021–2022. This study adopts both the static and dynamic panel estimations to explore the link between these variables. The estimation shows (...) green initiatives have a positive impact on financial performance. In addition, this estimation also documents a positive impact of greenhouse gas (GHG) productivity and energy productivity (specific measure of green performance) on corporate performance. This finding provides several important suggestions for Indian companies and policymakers towards adopting more green initiatives along with improving green performance to enhance higher financial performance. This study may also help to implement green policies, which will help to minimize pollutions, and is ultimately beneficial for the whole of society as well as the environment. The novelty of the study is to provide deep understanding and bridge the knowledge gap about the relationship by considering key functional dimensions of Indian firms. In addition, specially by incorporating dynamic panel estimation, this study has controlled for potential endogeneity bias and also the dynamic effects, which are scarce in earlier literature. (shrink)

This article empirically examines how the performance of Indian manufacturing corporations is affected by corporate governance practices. The study has used panel data comprising of 76 manufacturing companies listed in BSE, for a consecutive six-year period, from 2015-2016 to 2020-2021. The study has applied panel data regression model to enquire the impact of ownership structure variables; and also board composition variables on firm performance using Tobin's Q and ROA. The findings reveal that ownership structure variables, board size and multiplicity of (...) the board positively affect both ROA and Tobin's Q. While independent board and women director show positive effect on Tobin's Q, the CEO-duality is negatively associated with Tobin's Q. The study suggests policymakers to enhance the multiplicity of directors and gender diversity, to maintain the right proportion of board independency, and to increase the size of board. Policymakers may also restrict the CEO to play dual role.Keywordsboard composition, ownership structure, CEO-duality, Tobin's Q. (shrink)

Concept of Bhakti in Hindu religion and philosophy.

Revolutionary, philosopher, litterateur, and seer, Sri Aurobindo remains one of the brightest minds India has ever had. This book captures the evolution of his thought through excerpts from his political articles and speeches, essays, talks with and letters to disciples, and public messages-presented chronologically. It includes his views on Jawaharlal Nehru and Subhas Chandra Bose; his doubts about Gandhi's method to attain freedom and insistence on Ahimsa; and his very distinctive contribution to the nascent Nationalist Movement. Both prophetic of (...) the challenges to come India's way post-Independence, and persuaded of her potential to overcome them, Sri Aurobindo's vision of a new India melds the spiritual with the political. More than sixty years after his passing, Sri Aurobindo's penetrating insights on issues such as building on India's cultural and spiritual foundations, a national agenda for education, Hindu-Muslim coexistence and the need to distinguish reason from a blind imitation of the West, continue to resonate. (shrink)