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The Determinants of Corporate Social Responsibility: Evidence from Indian Firms

Research paper by Ashis Kumar Pradhan, Barsha Nibedita

Indexed on: 01 May '20Published on: 11 Mar '19Published in: Global Business Review



Abstract

Global Business Review, Ahead of Print. Corporate social responsibility (CSR) has emerged as an area of the topical research because of perceived concerns of the associated stakeholders. Departing from the previous studies which are mostly focused on the Western countries, we intend to study the determinants of CSR by drawing a sample of Indian firms. Our cross-sectional model results show that the size of the corporate firm, asset tangibility and profitability ratio positively influences firm’s involvement in CSR activities. On the other hand, systematic risk and leverage negatively affect CSR practices carried out by the firms in India. This study provides inputs to the existing policies on CSR which aims to affect the capital structure and firms strategy of the Indian companies.