A STUDY OF CORPORATE SOCIAL RESPONSIBILITY AND ITS DETERMINANTS
Abstract
The relationship between Corporate Social Responsibility (CSR) and Corporate Financial Performance (CFP) or, simply put, Profitability, has been a subject of investigation for some time now. However, there are very few studies that explore the impact of different financial variables of a company on the types of CSR it undertakes, especially, in the case of developing nations like India. The present study focuses on the impact of company specific financial variables on the type of CSR undertaken by the companies using data of top 100 listed on the Bombay Stock Exchange (BSE). The data of financial variables is secondary data from Prowess database (of CMIE). It has been collected for a period of 2 years (2014-15 & 2011-22) . The relationship was empirically examined using the method of fractional regression. Empirical results indicate that net profitability impacts the CSR regarding community involvement and diverse areas of CSR. However, no such relationship exists between NP and CSR in the field of environment and workplace.
KEY WORDS: Corporate Social Responsibility, Corporate Financial Performance, Net Profitability, Fractional Regression
Published
How to Cite
Issue
Section
License
Copyright (c) 2023 Rashi Bagga
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
I/We enter into copy right agreement with the ISF Institute of Research and Education (IIRE) and authorize IIRE to publish this work.
I/we declare /that:
I/we hereby declare that the material presented in this paper is my/our original work, and does not contain or include material taken from other copyrighted sources
Wherever such material has been included, it has been clearly indented or/and identified by quotation marks and due and proper acknowledgements are given by citing the source at appropriate places
The work is not published anywhere else in its current form and it is not under consideration for publication in any other media.
I/we as author(s) reserve patent rights and the right to use all or part of the article in future for our own works such as lectures, press releases, and reviews of textbooks
In the case of republication of the whole, part, or parts thereof, in periodicals or reprint publications by a third party, a written permission/No Objection Certificate shall be obtained from the Editor-in-Chief IIRE
As author(s) I/we assure that this work does not contain any unlawful and defamatory contents
This work does not violate any existing copy rights or intellectual property rights
I/We are solely responsible for this work
I/We transfer an unalterable exclusive right to the IIRE for publishing, reproducing, republishing, transmitting, using the work in electronic and print editions throughout the world and distribute it in all languages, and in all media now known or later developed
I/We transfer an irrevocable exclusive right to the IIRE to create and store electronic archival copies of the work including the right to deposit the work in open access digital repositories
I/we shall not demand for any royalty
I /We transfer an irrevocable non-exclusive right to the IIRE to license others to reproduce, republish, transmit, and distribute the work in both print and electronic forms
I/We agree to indemnify the IIRE (publishers) of (my/our) above mentioned work against all claims and expenses arising from any breach of warranty from me/us in this agreement and any third party claims
IIRE is will not be responsible for any dispute amongst writers or any dispute with third party on publication and distribution of above mentioned work and no further correspondence will be carried out
If any plagiarism is found in my camera-ready paper after Publication, I/we shall be fully responsible for it. IIRE or IIRE Board members shall not be responsible for plagiarism in my/our work
I /we have read all the terms and conditions and agreed upon and followed guideline for publications.
