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The Determinants of Corporate Social Responsibility: Evidence from Indian Firms

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  • Ashis Kumar Pradhan
  • Barsha Nibedita

Abstract

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.

Suggested Citation

  • Ashis Kumar Pradhan & Barsha Nibedita, 2021. "The Determinants of Corporate Social Responsibility: Evidence from Indian Firms," Global Business Review, International Management Institute, vol. 22(3), pages 753-766, June.
    • Handle: RePEc:sae:globus:v:22:y:2021:i:3:p:753-766
    DOI: 10.1177/0972150918814318
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    References listed on IDEAS

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    Cited by:

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    2. Sohel Mehedi & Shamsun Nahar & Dayana Jalaludin, 2024. "Determinants of corporate climate change disclosure: Is the mediating role of corporate strategic response to environmental governance and policy matter? Evidence from emerging market," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(1), pages 195-210, February.
    3. Renuka Kumawat & Nikunj Patel, 2022. "Are ESG Disclosures Value Relevant? A Panel-Corrected Standard Error (PCSE) Approach," Global Business Review, International Management Institute, vol. 23(6), pages 1558-1573, December.
    4. Resham Goyal & Ramesh Chandra Dangwal, 2022. "Assessment of Social Accountability through SDGs of Corporate Sector during COVID-19 in India," Global Business Review, International Management Institute, vol. 23(6), pages 1492-1519, December.

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