Analysis of mandatory CSR expenditure in India: a survey

Mukherjee, A; Bird, R

Analysis of mandatory CSR expenditure in India: a survey

Mukherjee, A Bird, R

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Publisher:: Inderscience
Publication Type:: Journal Article
Citation:: International Journal of Corporate Governance, 2016, 7 (1), pp. 32 - 59
Issue Date:: 2016-07-27

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Field	Value	Language
dc.contributor.author	Mukherjee, A	en_US
dc.contributor.author	Bird, R https://orcid.org/0000-0003-0524-9377	en_US
dc.date.available	2016-03-07	en_US
dc.date.issued	2016-07-27	en_US
dc.identifier.citation	International Journal of Corporate Governance, 2016, 7 (1), pp. 32 - 59	en_US
dc.identifier.issn	1754-3037	en_US
dc.identifier.uri	http://hdl.handle.net/10453/118432
dc.description.abstract	In this study of Indian corporations, we investigate the drivers and barriers of corporate social responsibility (CSR) expenditure, determine the attitude of corporates towards CSR activities and the impact of making CSR spending mandatory. We surveyed 223 corporations and found that the attitudes of companies to CSR spending largely vary with age, size and type of ownership. The making of CSR spending mandatory for large corporations did not elicit the forecasted increase in the level of spending because it was avoided by many corporations for whom it became mandatory and a large number for whom it is not mandatory, reduced their level of expenditure. The Indian Government has already had to amend the legislation to more precisely specify the direction of the expenditure and may have to further amend it to encourage increased spending on CSR activities	en_US
dc.publisher	Inderscience	en_US
dc.relation.ispartof	International Journal of Corporate Governance	en_US
dc.relation.isbasedon	10.1504/IJCG.2016.077982	en_US
dc.title	Analysis of mandatory CSR expenditure in India: a survey	en_US
dc.type	Journal Article
utslib.citation.volume	1	en_US
utslib.citation.volume	7	en_US
utslib.for	1502 Banking, Finance and Investment	en_US
utslib.for	1801 Law	en_US
pubs.embargo.period	Not known	en_US
pubs.organisational-group	/University of Technology Sydney
pubs.organisational-group	/University of Technology Sydney/Faculty of Business
utslib.copyright.status	closed_access
pubs.consider-herdc	false	en_US
pubs.issue	1	en_US
pubs.publication-status	Published	en_US
pubs.volume	7	en_US

Abstract:

In this study of Indian corporations, we investigate the drivers and barriers of corporate social responsibility (CSR) expenditure, determine the attitude of corporates towards CSR activities and the impact of making CSR spending mandatory. We surveyed 223 corporations and found that the attitudes of companies to CSR spending largely vary with age, size and type of ownership. The making of CSR spending mandatory for large corporations did not elicit the forecasted increase in the level of spending because it was avoided by many corporations for whom it became mandatory and a large number for whom it is not mandatory, reduced their level of expenditure. The Indian Government has already had to amend the legislation to more precisely specify the direction of the expenditure and may have to further amend it to encourage increased spending on CSR activities

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http://hdl.handle.net/10453/118432