دورية أكاديمية
أعرض في EDS

Impact of CSR on Financial Performance: An Empirical Study of Publicly Traded Companies in India.

التفاصيل البيبلوغرافية
العنوان: Impact of CSR on Financial Performance: An Empirical Study of Publicly Traded Companies in India.
المؤلفون: Saxena, Abhineet, Sharma, Garima, Saxena, Priti
المصدر: IUP Journal of Accounting Research & Audit Practices; Oct2022, Vol. 21 Issue 4, p164-182, 19p
مصطلحات موضوعية: PUBLIC companies, SOCIAL responsibility of business, FINANCIAL performance, PERFORMANCE theory, STRUCTURAL equation modeling
مصطلحات جغرافية: INDIA
مستخلص: The purpose of this study is twofold: first, it investigates the impact of Corporate Social Responsibility (CSR) on Financial Performance (FP) in BSE listed Indian companies; second, it examines which of the five dimensions selected for the study, viz., Value-Added Measure (VAM), Market Measure (MM), Growth Measure (GM), Earning Measure (EM) and Profitability Measure (PM), plays a mediating role in the relationship between CSR and FP. The sample comprises 471 companies. The data was sourced from CMIE Prowess IQ repository for a period of 5 years from 2015 to 2020. Structural Equation Modeling was administered to study the impact of CSR on each of the five dimensions of FP. The key findings are: (1) CSR has a positive impact on all dimensions of FP; (2) the impact of CSR investment is highest on value added measures; and (3) the positive impact of CSR on FP indicators holds true across primary, secondary and tertiary sectors. [ABSTRACT FROM AUTHOR]
Copyright of IUP Journal of Accounting Research & Audit Practices is the property of IUP Publications and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
قاعدة البيانات: Complementary Index
الوصف
تدمد:0972690X