An Empirical Study on the Impact of the Corporate Social Responsibility of the Indian Corporate Sectors

被引:0
|
作者
Das, Santanu Kumar [1 ]
Pandey, Manas [1 ]
机构
[1] Veer Bahadur Singh Purvanchal Univ, Fac Management Studies, Dept Business Econ, Jaunpur, Uttar Pradesh, India
关键词
Indian corporate sectors; FMCG companies; corporate social responsibility; management; economics; FINANCIAL PERFORMANCE; ENTREPRENEURSHIP; POLICIES; FIELD;
D O I
10.11130/jei.2022.37.4.790
中图分类号
F [经济];
学科分类号
02 ;
摘要
India, has traditionally been involved in various corporate socially responsible (CSR) activities. This paper presents an empirical analysis of CSR activities of some selected public and private organization in India. The key objective of this analysis is to review the companies' CSR investment in sustainability, disclosure, governance, and CSR stakeholders. The Hypotheses development explains the positive significant relationship between CSR and firm performance. Then the methodology section explains sample selection and data source. Using these data, the CSR practices in selected public and private companies are evaluated based on the Global Reporting Initiative guidelines, and a comparative study of the impact of CSR practices on companies' profitability is conducted. The study also focuses on how CSR influences these companies' gross margins, as well as the correlation between environmental concerns and return on investment. The result of this study are appropriate for India's present scenario demonstrating that all companies are conducting CSR operations, but there is a substantial difference in the CSR disclosure practices of the selected firms. The private companies in India invests more in CSR but spend less on the environmental aspects whereas the public companies invest less in CSR but almost spend their entire CSR expenditure on the social and environmental aspects.
引用
收藏
页码:790 / 808
页数:19
相关论文
共 50 条
  • [31] The Impact of Corporate Culture on Corporate Social Responsibility: Role of Reputation and Corporate Sustainability
    Siyal, Saeed
    Ahmad, Riaz
    Riaz, Samina
    Xin, Chunlin
    Fangcheng, Tang
    SUSTAINABILITY, 2022, 14 (16)
  • [32] Supplier assessment based on corporate social responsibility criteria in Indian automotive and textile industry sectors
    Baskaran, Venkatesan
    Nachiappan, Subramanian
    Rahman, Shams
    INTERNATIONAL JOURNAL OF SUSTAINABLE ENGINEERING, 2011, 4 (04) : 359 - 369
  • [33] The Impact of Interactive Corporate Social Responsibility Communication on Corporate Reputation
    David Eberle
    Guido Berens
    Ting Li
    Journal of Business Ethics, 2013, 118 : 731 - 746
  • [34] The Impact of Interactive Corporate Social Responsibility Communication on Corporate Reputation
    Eberle, David
    Berens, Guido
    Li, Ting
    JOURNAL OF BUSINESS ETHICS, 2013, 118 (04) : 731 - 746
  • [35] Inhibiting or promoting: The impact of corporate social responsibility on corporate financialization
    Zheng, Di
    Lei, Lei
    Wang, Licheng
    Li, Xuefeng
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2024, 89 : 1404 - 1421
  • [36] CORPORATE SOCIAL RESPONSIBILITY AND CORPORATE GOVERNANCE IMPACT ON FINANCE PERFORMANCE
    Fu, Hsiu-Jen
    Ho, Shu-Yi
    ACTA OECONOMICA, 2014, 64 : 69 - 77
  • [37] Corporate Ethics and Corporate Social Responsibility in Reinforcing Consumers Bonding: An Empirical Study in Controversial Industry
    Setiyaningrum, Ari
    Aryanto, Vincent Didiek Wiet
    INTERNATIONAL JOURNAL OF TECHNOETHICS, 2016, 7 (01) : 1 - 15
  • [38] Impact of corporate social responsibility on bank's corporate image
    Al Mubarak, Zainab
    Ben Hamed, Anji
    Al Mubarak, Muneer
    SOCIAL RESPONSIBILITY JOURNAL, 2019, 15 (05) : 710 - 722
  • [39] Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility
    Jo, Hoje
    Harjoto, Maretno A.
    JOURNAL OF BUSINESS ETHICS, 2011, 103 (03) : 351 - 383
  • [40] Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility
    Hoje Jo
    Maretno A. Harjoto
    Journal of Business Ethics, 2011, 103 : 351 - 383