Relationship between Corporate Social Responsibility and Financial Performance of Selected Public Sector enterprises of India

Megha Narang


Corporate social responsibility is a factor having an important role in the consumer selection of products and services. Thus, CSR is increasingly gaining in importance because it creates organizational value for a company by giving the ability to differentiate the company from its competitors. All successful companies in the world have recognized the importance of CSR, but not all are equally successful in its implementation. Although many empirical studies found a link between the quality of CSR and the company performance measured by financial indicators, there is still a lot of inconsistency in the results of previous research, mainly due to the factors influencing this relation. The main objective of this research paper is to examine the relationship between corporate social responsibility (CSR) and financial performance of the public sector enterprises of India for the financial year 2016-17. The analysis reveals that there is a positive relationship between CSR and financial performance (NPAT) and the descriptive and inferential measures shows that Corporate social expenditure depends upon the financial performance ( NPAT) of the Company.


Corporate, Empirical, Financial Performance, Social Programmes , Correlation and Regression.

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