Influence of ESG Disclosure on Financial Performance and Market Valuation: Evidence from the Indian Automobile Sector
Abstract: This study explores how Environmental, Social, and Governance (ESG) disclosure influences the financial and market performance of India's leading automobile companies-Tata Motors, Mahindra & Mahindra (M&M), and Hyundai Motor India Ltd.-over FY 2019-20 to FY 2023-24. Drawing on secondary data from Centre for Monitoring Indian Economy Pvt. Ltd. (CMIE) Prowess, BRSR reports, and company annual statements, a quantitative, ex-post-facto design was employed. Descriptive, correlation, and panel-regression analyses were used to test the impact of ESG practices on Return on Assets (ROA), Return on Equity (ROE), and Tobin?s Q. Results show a strong positive relationship between ESG disclosure and financial outcomes p
Keywords: ESG Disclosure, Financial Performance, Tobin's Q, Indian Automobile Sector, BRSR, Sustainability Reporting
How to Cite?: M. Jessica, Dr. Patcha Bhujanga Rao, "Influence of ESG Disclosure on Financial Performance and Market Valuation: Evidence from the Indian Automobile Sector", Volume 14 Issue 10, October 2025, International Journal of Science and Research (IJSR), Pages: 1407-1411, https://www.ijsr.net/getabstract.php?paperid=SR251027002746, DOI: https://dx.doi.org/10.21275/SR251027002746