Corporate Social Responsibility and Corporate Financial Performance A Study of Selected Companies in India

Abstract

Corporate Social Responsibility is based on the ideology that every business must pay back to the society that provides the business invaluable inputs throughout the life of the business. It refers to the responsibility of the corporates above and beyond the economic obligation. Corporate Social Responsibility (CSR) demands that the businesses take financial decisions keeping in view the environmental and social consequences of their activities. During the past few decades numerous factors and events have created a huge impact on the society and had eventually contributed to the evolution of CSR. newline