31, October 2026
THE ROLE OF COMPLIANCE IN BUSINESS SUSTAINABILITY A Study of Indian Listed Companies, 2021–2026
Author(s): Vaibhav Singh Bundela, Dr. Sneha Singh
Authors Affiliations:
1 Student, Department of Business Administration, Vindhya Institute of Technology and Science, Satna, MP
2 Associate Professor, Department of Business Administration, Vindhya Institute of Management and Science, Satna, MP
DOIs:10.2015/IJIRMF/202610024 | Paper ID: IJIRMF202610024Abstract
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Abstract: Sustainability is now judged not only by what a company says it values but also by how it manages its risks, records its performance and answers to its stakeholders. Compliance, usually seen as the minimum a firm must do to stay within the law, plays a larger part in this than is generally acknowledged. This paper examines how compliance supports business sustainability in Indian listed companies, using regulatory documents, international standards and research published between 2021 and 2026.
The study is based entirely on secondary sources and uses thematic analysis. The themes are corporate governance, the quality of ESG data, environmental and social risk management, assurance and value-chain oversight, stakeholder confidence, and the difficulties companies face in implementation. The review finds that compliance improves transparency, fixes responsibility and strengthens internal controls, but that publishing a report does not by itself show that a company has become more sustainable. Recent Indian studies also report mixed financial effects, with gains in market valuation sitting alongside short-term costs.
The paper concludes that compliance is a necessary foundation for business sustainability but not a sufficient one. Its value depends on how seriously it is carried out, how reliable the underlying data are, how well the board oversees it, whether assurance is credible and whether it is tied to the company’s strategy.
Key Words : compliance; business sustainability; corporate governance; ESG; BRSR; Indian listed companies; sustainability reporting; assurance; risk management.
Vaibhav Singh Bundela, Dr. Sneha Singh (2026); THE ROLE OF COMPLIANCE IN BUSINESS SUSTAINABILITY A Study of Indian Listed Companies, 2021–2026, International Journal for Innovative Research in Multidisciplinary Field, ISSN(O): 2455-0620, Vol-12, Issue-10, Available on – https://www.ijirmf.com/