This paper is published in Volume-5, Issue-2, 2019
Area
CSR
Author
Grizel Menezes
Org/Univ
Christ University, Bangalore, Karnataka, India
Pub. Date
26 March, 2019
Paper ID
V5I2-1504
Publisher
Keywords
CSR Spending, Financial Performance, EPS, ROA, Net Profit

Citationsacebook

IEEE
Grizel Menezes. Impact of CSR Spending on firm’s financial performance, International Journal of Advance Research, Ideas and Innovations in Technology, www.IJARIIT.com.

APA
Grizel Menezes (2019). Impact of CSR Spending on firm’s financial performance. International Journal of Advance Research, Ideas and Innovations in Technology, 5(2) www.IJARIIT.com.

MLA
Grizel Menezes. "Impact of CSR Spending on firm’s financial performance." International Journal of Advance Research, Ideas and Innovations in Technology 5.2 (2019). www.IJARIIT.com.

Abstract

This paper examines the impact of CSR spending on the firm’s financial performance. The government has made CSR spending mandatory by which the organizations can significant contributions to the benefit of the public. The data for the study was collected for 5 years and the study takes into consideration the top ten companies for CSR spending. In order to find out whether CSR spending has an impact, three variables are taken into consideration such as ROA, EPS, Net Profit. Independent Pooled OLS Regression, Fixed Effect and Random effect method was used. The findings were that the Net profit has a significant relationship with the CSR Spending whereas ROA and EPS have no impact.
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