Project Id
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BITSRMIT024B001269
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Project Detail
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Project Title
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Environmental, social, and governance (ESG) practices and firm performance in India: The role of board gender diversity and ownership structure
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Senior Supervision Team (BITS)
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Supervisor name and Title
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Prof. R. L. MANOGNA
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School or Department (or company, if applicable)
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BITS PILANI, GOA CAMPUS
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Email ID
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manognar@goa.bits-pilani.ac.in
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URL for more info
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https://universe.bits-pilani.ac.in/goa/manognar/Profile
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a) Are you currently supervising a BITS or RMIT HDR student?
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YES
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Please comment how many you are supervising
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2
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b) Have you supervised an offshore candidate before?
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NO
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If no, what support structures do you have in place?
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If yes, please elaborate
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N
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Senior Supervision Team (RMIT)
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Supervisor name and Title
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Dr. Md Safiullah
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School or Department (or company, if applicable)
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COBL
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Email ID
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md.safiullah@rmit.edu.au
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URL for more info
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https://www.rmit.edu.au/contact/staff-contacts/academic-staff/s/safiullah-dr-muhammad
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a) Are you currently supervising a BITS or RMIT HDR student?
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YES
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Please comment how many you are supervising
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2
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b) Have you supervised an offshore candidate before?
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YES
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If no, what support structures do you have in place?
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If yes, please elaborate
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Other Supervisors (BITS)
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Supervisor name and Title
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School or Department (or company, if applicable)
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Phone Number (Optional)
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Email ID
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URL for more info
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Other Supervisors (BITS)
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Supervisor name and Title
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School or Department (or company, if applicable)
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Phone Number (Optional)
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Email ID
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URL for more info
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Field of Research (For Codes)
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3502 | Banking, finance and investment | 50.00 |
4101 | Climate change impacts and adaptation | 30.00 |
4405 | Gender studies | 20.00 |
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Project Description
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This study delves into the complex interrelationships among environmental, social, and governance (ESG) practices, board diversity, ownership structure, and firm performance within the Indian business landscape. By analyzing financial reports spanning from 2010 to 2023, the research aims to uncover the implications, benefits, and challenges associated with integrating ESG considerations into business operations using robust panel data econometric models to control for industry and time effects as well as the potential endogeneity issues.
This research will employ quantitative methods, including GLS regression, propensity score matching estimates, instrumental variable analysis, differences-in-difference, and system GMM, to estimate and analyze data extracted and manually collected from secondary sources.
Moreover, it emphasizes the necessity of a comprehensive approach to corporate sustainability. As businesses increasingly recognize the importance of sustainable practices, this study provides valuable insights for policymakers, corporate leaders, and scholars. Furthermore, the research examines the influence of board gender diversity and ownership structure on the relationship between ESG practices and firm performance. It investigates how the gender composition of the board and ownership attributes shape overall firm performance dynamics.
Specifically, the study explores the impacts of regulatory measures such as the Companies Act (2013) on board gender diversity and ownership structure and their subsequent effects on firm performance. Additionally, it assesses whether these measures contribute to sustainable growth and improved social practices, considering the different perspectives on corporate.
This research project is suitable for candidates with expertise in econometrics, programming (R, Stata), and corporate finance literature.
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Project Deliverable/Outcomes
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There is a high potential for publications in ABDC A/A*/Q1 journals from this PhD thesis.
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Research Impact Themes
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SUSTAINABLE DEVELOPMENT AND ENVIRONMENT
| SOCIAL AND ECONOMIC CHALLENGES IN ENERGY, WATER, FOOD, FINANCIAL MARKETS AND INFRASTRUCTURE |
SUSTAINABLE DEVELOPMENT AND ENVIRONMENT
| SOCIAL AND ECONOMIC CHALLENGES IN ENERGY, WATER, FOOD, FINANCIAL MARKETS AND INFRASTRUCTURE AND PREVENTING ENVIRONMENTAL DEGRADATION |
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Which RMIT Sustainable Development Goal (SDG) does your project align to
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GENDER EQUALITY
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Which RMIT Enabling Impact Platform (EIP) does your project align to
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SOCIAL CHANGE
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Which RMIT Program code will this project sit under?
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DR203 (FINANCE)
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Student Capabilities and Qualifications
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Masters by research degree, Quantitative skills with expertise in Python and Stata
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Publications, AI and ML
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MSc by research
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Preferred discipline of Student
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Banking, Finance and Economics |
Business |
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