Parth Sharma

ESG disclosures, dividend payout policy, and the cost of equity. Indian evidence of a non-monotonic relationship

Purpose This study aims to analyse the non-monotonic impact of environment, social and governance (ESG) disclosures on the cost of equity of NSE 500 Indian firms from 2014 to 2023. Given the contention about the shape of the curve in the literature, the authors examine whether a...