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VOL. 10, ISSUE 6 (2023)
The implication of corporate social responsible (CSR) practices in automobile companies
Authors
Sheetal
Abstract
Corporate Social
Responsibility refers any action taken by business enterprises for the safety
and security of stakeholders’ as well as for society. The main focus of this
study is to which extent financial performance of business enterprises influenced
by corporate social responsibility. In this study we will analyse the point in
favour of Corporate Social Responsibility and in against of Corporate Social
Responsibility. This study will also emphasized on the activities comes under
the corporate social responsibility. To investigate the correlation between
social activities and financial performance net profit after tax has been taken
into consideration. Present study conducted on automobile company which are
registered under Nifty Fifty Index and data has been collected from 2015 to
2018. Simple bi-variate technique has been used to analyse the data. Result of
this study revealed strong and positive correlation between CSR expenditure and
net profit after tax.
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Pages:100-102
How to cite this article:
Sheetal "The implication of corporate social responsible (CSR) practices in automobile companies". International Journal of Multidisciplinary Research and Development, Vol 10, Issue 6, 2023, Pages 100-102
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