SUSTINABLE DEVELOPMENT A VALUE CHAIN PERSPECTIVE

2ndINTERNATIONAL CONFERENCE SDVP-19

Summary of Technical Session –II
Finance
Ruchira Bagchi
In this paper, the author had talked about the impact of corporate performance on
the stock price. The author had considered five corporate factor indicators to analyze
the stock prices of a company in which two are Value-Based indicators such as EVA
and MOEVA, one is a fundamentally Accounting-Based indicator that is EPS, one is
Market- Based indicator under which two factors are selected i.e. P/E and P/B. In the
literature review, every different author had a different opinion regarding indicators
in determining stock prices. The author used multiple regression method in SPSS
Model to find the result. Structural Equation modelling had also adopted for further
validation. After analyzing both models it was found that only P/E ratio and EPS are
significant to determine stock prices.

Pooja Khari
In this paper, the author had talked about the multidimensional index of Financial
Inclusion in India. This Financial inclusion found by Rural Index, NABARD Index, and
SARMA Index. These didn’t have a significant contribution to the sustainability part
of Financial inclusion. In India, financial inclusion is prioritized through MSMEs and
RRBs. Research shows that penetration of RRB in the priority sector and to the
weaker section of the society explains significantly the financial inclusion index of the
states. Also, health status, schooling of girls, state performance and technological
advancement to provide financial services to people are the factors that determine
financial inclusion status. Also, the correlation financial inclusion index with MFI
branch penetration states that MFIs are exploring their operations in those states
where bank penetrative is not intensive. We can conclude that MFIs are a channel of
a provision of financial services to people where banks are unable to reach in India.

Arshdeep Singh and Anurag Singh

In this paper, the author had talked about Financial inclusion into Financial
Sustainability. They also presented that along with the access of Financial institution
there is also the requirement of its proper utilization. The author uses the Regression
method to determine deposits significantly contribute to the GDP of the country.
Commercial Bank and Micro Finance Institution are major players in Financial
Inclusion. In MFIs Jan Dhan is the biggest boost for Financial Inclusion. Today World
Bank also contributed to Financial Inclusion but they are not much concerned about
how much people used these accounts. There are 81% of Bank accounts in India but
still, its active users are only 52%. So the author recommended that these
institutions also made awareness among society about the utilization of their
accounts.

Subhankar Samanta
In this paper, the author had talked about the Revisiting of CSR Accounting and
Auditing Approaches in Indian Perspective. Sustainable Business Ecosystem shifted
towards commitment as a significant component of the business to society. Now
objective of the people have transferred to People, Planet, Prosperity, Peace, and
Partnership which are aligning with business goals with sustainable development
goals (SDGs). CSR becomes the essential element for Indian Companies as per
schedule VIIth and section 135 of the Cos Act. The objective of this research is to
explore the various CSR accounting and auditing models that are being practiced by
the different companies in various parts of the globe for the assessment of CSR
impacts and how that influence is enlightening with SDGs. Most Indian Cos tries to
balance between CSR activities and SDGs. In research, a theoretical and conceptual
model is used which focuses on the aspect of the CSR laid social impact analysis in
the Indian business. It was found that there was a lack of standardized in CSR
activities in Indian Companies.