Testing Environmental Kuznets Curve Hypothesis at Firm Level in India
- Vinayagamoorthi Vasanth
- Murugesan Selvam
- Kasilingam Lingaraja
- Isaiah Onsarigo Miencha
- Mariappan Raja
Abstract
All over the world, deterioration of environmental quality has been considered as a hot issue. The growing number of industries is one of the major reasons for the enhanced level of pollution and fast degradation of environmental resources. This situation urges the corporates to involve themselves in socially responsible activities and to periodically assess the ecofriendly technologies. This paper proposes to investigate the Environmental Kuznets Curve Hypothesis, with reference to sample companies listed in BSE S&P – 500, over the period 1st April 2005 to 31st March 2014. In order to determine the existence of EKC relationship, the sign and magnitude of regression coefficients were analyzed. The results exhibited U shaped relationship for ROE, ROCE, and ROS. At the same time, EKC relationship, by way of inverted U shaped curve, was found for ROA. Based on the empirical findings of this study, some suggestions have been put forward to the corporates and policy makers, to control the level of energy intensity, by implementing eco-friendly technologies.
- Full Text:
PDF
- DOI:10.5539/jsd.v8n8p201
Journal Metrics
h-index (2017): 33
i10-index (2017): 81
h5-Index (2017): 18
h5-Media (2017): 25
Index
- Academic Journals Database
- ACNP
- AGRICOLA
- ANVUR (Italian National Agency for the Evaluation of Universities and Research Institutes)
- Berkeley Library
- CAB Abstracts
- CNKI Scholar
- COPAC
- CrossRef
- DTU Library
- EBSCOhost
- Elektronische Zeitschriftenbibliothek (EZB)
- EuroPub Database
- Excellence in Research for Australia (ERA)
- Genamics JournalSeek
- GETIT@YALE (Yale University Library)
- Ghent University Library
- Google Scholar
- Harvard Library
- INDEX ISLAMICUS
- Infotrieve
- Jisc Library Hub Discover
- JournalGuide
- JournalTOCs
- LOCKSS
- Max Planck Institutes
- MIAR
- Mir@bel
- NewJour
- Norwegian Centre for Research Data (NSD)
- Open J-Gate
- PKP Open Archives Harvester
- Pollution Abstracts
- Publons
- Pubmed journal list
- RePEc
- ROAD
- SafetyLit
- Scilit
- SHERPA/RoMEO
- Standard Periodical Directory
- Stanford Libraries
- UCR Library
- Ulrich's
- UniCat
- Universe Digital Library
- UoS Library
- WorldCat
- WorldWideScience
- Zeitschriften Daten Bank (ZDB)
Contact
- Sherry SunEditorial Assistant
- jsd@ccsenet.org