CSR: Where are the Companies Spending?

  • Aditi Agarwal
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  • Aditi Agarwal

    Student at OP Jindal Global University, India

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Corporate Social Responsibility became a popular concept in the 1990s , advocating a shift from shareholder primacy to a stakeholder-oriented approach, acknowledging that corporations withstand a duty to include larger societal and environmental concerns as a part of their business obligations. The Indian Government, from 2009-2013, issued a series of guidelines to encourage more businesses to take up CSR activities and publish sustainability reports as a voluntary measure towards assuming greater accountability “for the social and environmental issues plaguing the nation” . While schedule VII lists down various social causes that can be taken up to fulfill the mandatory requirement, it doesn’t give a direction as to how the allocation of funds needs to be done. This research thus aims at finding out how the chosen corporates have been allocating their CSR funds over 5 years (2015-2019), consequently suggesting some reforms in the provision that could help encourage more companies to fulfill their CSR obligations.


Research Paper


International Journal of Law Management and Humanities, Volume 4, Issue 4, Page 2115 - 2128

DOI: https://doij.org/10.10000/IJLMH.111536

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This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.


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