RELATIONSHIP BETWEEN CORPORATE SOCIAL RESPONSIBILITY & FINANCIAL PERFORMANCE: A STUDY OF BSE 30 COMPANIES

Abstract

The distinction of corporate social duty (CSR) activities and their quickly expanding bit of spotlight in the open today together recommend that the comprehension of such exercises and arrangements has moved from being considered as a pointless expansion to now being recognized as a crucial business work. In the main period of the investigation, by utilizing information on corporate social execution from the organization's budget summaries and yearly reports(ARs), the examination investigates and inspects whether there exists a critical connection between the budgetary exhibition of corporates and their particular corporate social exhibitions. Particular from past research led, in the following area, the paper also tests if the mean money related proportions contrast between organizations who have a CSR council on their leading board of directors(BOD) and the individuals who don't. The dataset of this investigation incorporates BSE-Sensex 30 organizations and spreads money related years 2014-15 to 2018-19. The connections are tried utilizing TTest, Anova and Regressions, Outcomes and investigation of this information is given in the last piece of this report. The outcomes nonetheless, are as a distinct difference to earlier investigates; demonstrating that social execution of corporates and the budgetary presentation of corporates have no noteworthy relationship, along these lines, refuting the understanding that the CSR programs directed impactsly affect benefits. Various procedural entanglements that exists in the given field of study is because of the un-accessibility of a CSR record in India to this date and consequently this examination looks to utilize the CSR arrangements presented in the organizations demonstration 2013 as intermediary factors for CSR execution of the organizations.