NON- FINANCIAL REPORTING: A COMPARATIVE STUDY OF NIFTY AND NON-NIFTY COMPANIES
Keywords:
Non-financial reporting, Non-financial information and Non-financial accounting, National Stock Exchange, Nifty companiesAbstract
This paper tries to compare the performce of Nifty and Non-Nifty companies and how reporting of non-finnacial information affects the perforamance 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 shows us that Nifty companies have high market capitalization as compared to non-Nifty companies. But, reporting of non-financial information havepositive impact on the market performance of Nifty firms as compared to non-Nifty companies.
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