Corporate Social Responsibility (CSR) and Stakeholders Reaction: A Survey on Impact of CSR on Firm Performance in Gujarat

Dr. Nilam Panchal
Dr. Nilam Panchal
Gujarat University Gujarat University

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Corporate Social Responsibility (CSR) and Stakeholders Reaction: A Survey on Impact of CSR on Firm Performance in Gujarat

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Abstract

CSR has been major component for the welfare of society. This study examines whether corporate social responsibility (CSR) towards primary stakeholders influences the financial and the non-financial performance (NFP) of Indian firms. Data on CSR were collected from 25 senior-level managers including CEOs through questionnaire survey. Hard data on financial performance (FP) of the companies were obtained from secondary sources. A questionnaire for assessing CSR was developed with respect to six stake holder groupsemployees, suppliers, customers, society at large. A compo site measure of CSR was obtained by aggregating the six dimensions. This study aims to obtain information about the impact of CSR activities on performance of an organization. In today’s society, there is a growing interest in, and demand for Corporate Social Responsibility (CSR).

References

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  2. C Bansal (2005). Corporate Governance -Law Practice and Procedures with Case Studies.
  3. A Das,S Ghosh (2004). Economic reform and corporate governance.
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Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

Ethical Approval

No ethics committee approval was required for this article type.

Data Availability

Not applicable for this article.

How to Cite This Article

Dr. Nilam Panchal. 2017. \u201cCorporate Social Responsibility (CSR) and Stakeholders Reaction: A Survey on Impact of CSR on Firm Performance in Gujarat\u201d. Global Journal of Management and Business Research - B: Economic & Commerce GJMBR-B Volume 17 (GJMBR Volume 17 Issue B3).

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Journal Specifications

Crossref Journal DOI 10.17406/GJMBR

Print ISSN 0975-5853

e-ISSN 2249-4588

Keywords
Classification
GJMBR-B Classification JEL Code: M14
Version of record

v1.2

Issue date
July 25, 2017

Language
en
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Corporate Social Responsibility (CSR) and Stakeholders Reaction: A Survey on Impact of CSR on Firm Performance in Gujarat

Dr. Nilam Panchal
Dr. Nilam Panchal <p>Gujarat University</p>

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