CSR Spending Intensity in India’s Manufacturing Sector: An Analysis of CSR Expenditure as a Percentage of Net Profit
Keywords:
CSR, CSR Spending Intensity, Manufacturing Sector, Net Profit, etc.Abstract
The introduction of the Companies Act, 2013, which obliges corporations to adopt Corporate Social Responsibility (CSR) has transformed the CSR environment in India, and especially among profit making corporations. The paper will assess the level of CSR spending in India manufacturing industry by assessing CSR spending relative to net profit of the selected listed manufacturing firms in five years period between 2019-20 and 2023-24. The research follows quantitative, descriptive-analytical design based on secondary sources of annual disclosure of annual reports and CSR.
References
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