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The impact of corporate social responsibility on financial performance – Infosys way

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  • Shailesh N. Ransariya

  • Sanjay J. Bhayani

Abstract

The current study sought to examine the effect of Corporate Social Responsibility (CSR) on the financial performance of Infosys Ltd over five years spanning 2016-17 to 2020-21. To assess financial performance, we employ various profitability and liquidity ratios. The findings show that CSR has a high positive impact on Return on Capital Employed and a high negative impact on Return on Net Worth, Operating Profit, Net Profit, Current Ratio, and Liquid Ratio. In conclusion, CSR had no significant impact on Infosys Ltd.'s financial performance during the study period.

Suggested Citation

  • Shailesh N. Ransariya & Sanjay J. Bhayani, 2022. "The impact of corporate social responsibility on financial performance – Infosys way," International Journal of Accounting, Business and Finance, Indian Accounting Association, Patna Branch, vol. 1(2), pages 11-18.
    • Handle: RePEc:dbs:ijabfi:v:1:y:2022:i:2:p:11-18:id:35
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    File URL: https://www.ijabf.in/index.php/IJABF/article/view/35
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    References listed on IDEAS

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    1. Mark Anthony Camilleri, 2017. "Case Study 4: Corporate Sustainability and Responsibility: Creating Value in Business and Education," Springer Books, in: Corporate Sustainability, Social Responsibility and Environmental Management, chapter 0, pages 161-173, Springer.
    2. Mark Anthony Camilleri, 2017. "Corporate sustainability and responsibility: creating value for business, society and the environment," Asian Journal of Sustainability and Social Responsibility, Springer, vol. 2(1), pages 59-74, September.
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    Cited by:

    1. Dharen Kumar Pandey, 2022. "Exploring the Intersection of Industry, Policy, and Performance: Insights from the June 2022 Issue," International Journal of Accounting, Business and Finance, Indian Accounting Association, Patna Branch, vol. 1(2), pages 1-1.

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