NON- FINANCIAL REPORTING: A COMPARATIVE STUDY OF NIFTY AND NON-NIFTY COMPANIES

Prakhar Wadhwa

Abstract


This paper tries to compare the performance of Nifty and Non-Nifty companies and how reporting of non-financial information affects the performance of Nifty and Non-Nifty companies. For comparative analysis, we have taken few financial and non-financial factors which can explain the performance of a firm. The results show us that Nifty companies have high market capitalization as compared to non-Nifty companies. But, reporting of non-financial information have a positive impact on the market performance of Nifty firms as compared to Non-Nifty companies.


Keywords


Non-financial reporting, Non-financial information and Non-financial accounting, National Stock Exchange, Nifty companies

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References


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