Cross-Dimensional Differences in Sustainability Disclosures: Evidence from Large-Cap NSE-Listed Companies in India
サステナビリティ開示の次元間差異：インド大型株NSE上場企業の証拠 (AI 翻訳)
Adrija Shandilya, G. Banik
🤖 gxceed AI 要約
日本語
インドNSE上場50社のサステナビリティ開示をBRSR-GRI統合フレームワークで分析。任意から義務への移行期（2021-23年）に、開示項目間で系統的な差異が存在し、特定の次元が優先される傾向を示した。フリードマン検定などで有意差を確認。
English
This paper analyzes sustainability disclosure intensity across 50 large-cap NSE-listed Indian companies using an integrated BRSR-GRI framework. During the transition from voluntary to mandatory BRSR (FY2021-23), systematic cross-dimensional differences were found, with certain dimensions consistently emphasized. Nonparametric tests confirm significant variability and temporal stability in relative rankings.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
インドのBRSR義務化が開示行動に与えた影響を実証した点で、日本におけるSSBJの任意適用から強制化への議論に示唆を与える。特に、開示項目間の偏りが残る中でどのようにバランスの取れた報告を促すか、日本の規制当局や実務者は参考にできる。
In the global GX context
This study provides rare empirical evidence on how mandatory ESG disclosure (BRSR) affects reporting behavior in an emerging market. For global disclosure standard-setters (ISSB, GRI), it highlights the persistence of cross-dimensional imbalances even under regulatory pressure, informing future guidance on balanced reporting.
👥 読者別の含意
🔬研究者:Provides an integrated BRSR-GRI measurement framework and nonparametric evidence on disclosure variability across dimensions, useful for comparative ESG disclosure research.
🏢実務担当者:Offers insights for multinational companies on how mandatory ESG regimes may alter disclosure priorities across dimensions, relevant for preparing for similar regulations in other jurisdictions.
🏛政策担当者:Demonstrates the impact of mandatory sustainability reporting on disclosure behavior, informing the design of balanced reporting requirements and transition from voluntary to mandatory frameworks.
📄 Abstract（原文）
This paper explores cross-dimensional variations in sustainability disclosure intensity in 50 large-cap National Stock Exchange (NSE)-listed companies through an integrated model based on Business Responsibility and Sustainability Reporting (BRSR) requirements and Global Reporting Initiative (GRI) standards. It focuses on the transition from voluntary to mandatory BRSR adoption over the financial years 2021-22 and 2022-23. Sustainability disclosures are measured using weighted percentage scores derived from a structured BRSR-GRI mapping framework. The results show that there is systematic disclosure variability by dimension, with specific dimensions being uniformly more emphasized. Nonparametric tests (Friedman and Wilcoxon signed-rank) substantiate the presence of significant cross-dimensional differences and identifies the significant change in the level of disclosures over time, whereas the relative positioning across dimensions remains rather stable. These trends are in line with the regulatory shift to compulsory BRSR and are reflective of the changing disclosure practices, yet causal inference falls outside the scope of the study. The findings point at stable relative ordering cross-dimensional imbalances and the necessity of more balanced reporting guidance. The paper adds value by operationalising an integrated BRSR-GRI framework, and offering comparative evidence on sustainability disclosure behaviour in an emerging market.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.55845/jos-2026-21142first seen 2026-05-26 04:59:54 · last seen 2026-05-27 05:00:51
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