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  Published Paper Details:

  Paper Title

The Impact of Industry Peer Effects on ESG Disclosure: Insights for Sustainable Corporate Strategies

  Authors

  Purnima Negi,  Dr. Mini Srivastava

  Keywords

ESG Disclosure, Peer Effects, Institutional Theory, Corporate Governance, Sustainability Reporting

  Abstract


Environmental, Social, and Governance (ESG) factors have emerged as critical dimensions of corporate accountability and long-term value creation. As global stakeholders demand greater transparency, firms increasingly adopt ESG disclosure practices. This paper examines how industry peer effects influence ESG disclosure behavior, highlighting how companies benchmark peers to align with industry norms. Drawing on institutional theory and panel data analysis, the study confirms that firms mimic peer ESG practices to maintain legitimacy and competitive advantage. While peer effects can improve overall reporting standards, they also present challenges such as inconsistent disclosures and greenwashing risks. The paper concludes with recommendations for corporate leaders and policymakers to harness peer effects for more credible and comparable ESG reporting.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2507159

  Paper ID - 290789

  Page Number(s) - b429-b431

  Pubished in - Volume 13 | Issue 7 | July 2025

  DOI (Digital Object Identifier) -    https://doi.org/10.56975/ijcrt.v13i7.290789

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Purnima Negi,  Dr. Mini Srivastava,   "The Impact of Industry Peer Effects on ESG Disclosure: Insights for Sustainable Corporate Strategies", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.13, Issue 7, pp.b429-b431, July 2025, Available at :http://www.ijcrt.org/papers/IJCRT2507159.pdf

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ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
ISSN
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