An Analytical Study of Corporate Social Responsibility Spending by Companies Based on Government of India's CSR Mandate

Authors

  •   G. Ramesh Associate Professor and Program Head - MMS, St Francis Institute of Management and Research, Gate No.5, Mt. Poinsur, SVP Road, Borivali West, Mumbai- 400 103
  •   Shilpa Peswani Assistant Professor, Department of Finance, St Francis Institute of Management and Research, Gate No.5, Mt.Poinsur, SVP Road, Borivali West, Mumbai -400 103

DOI:

https://doi.org/10.17010/pijom/2017/v10i3/111425

Keywords:

Corporate Social Responsibility

, CSR, Companies Act 2013

G38

, K32, M14

Paper Submission Date

, July 3, 2016, Paper sent back for Revision, October 4, Paper Acceptance Date, February 22, 2017.

Abstract

Over the years, the concept of corporate social responsibility (CSR) has gained wider implications not only from a philanthropic perspective, but also from a real business standpoint. This paper attempted to identify how large and successful companies in India have contributed towards CSR activities on the basis of norms and regulations prescribed by the Indian authorities as stipulated in the Company's Act, 2013. This paper also attempted to categorize the companies based on the degree of conducting various CSR activities as mandated by the Companies Act. We have provided the findings and recommendations on the basis of descriptive and inferential analysis. This paper also attempted to deliver some guidance to those companies who are yet to start their CSR activities or have contributed very little on the CSR front.

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Published

2017-03-01

How to Cite

Ramesh, G., & Peswani, S. (2017). An Analytical Study of Corporate Social Responsibility Spending by Companies Based on Government of India’s CSR Mandate. Prabandhan: Indian Journal of Management, 10(3), 35–52. https://doi.org/10.17010/pijom/2017/v10i3/111425

Issue

Volume 10, Issue 3, March 2017

Section

Corporate Social Responsibility
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