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Publication Number

2303008

 

Page Numbers

1-14

Paper Details

A Study of the Government of India Related to Corporate Social Responsibility and Assessment of Financial Performance of Pharmaceutical Companies after CSR

Authors

Mahesh Kumar

Abstract

In India, the origin of the CSR is from the Vedic era, which is known to be donated; social duty that resides throughout the year, changes according to the changing needs of the society. The government is playing an important role to accommodate the understanding of social responsibility, making it compulsory for some organizations to use certain profits in areas that benefit the society. Companies those are unable to do so, give reasons why they are not able to do social work or they have not used the CSR fund.
.This paper tries to find out the purpose of the social activities being conducted by the top 5 Pharmaceuticals companies in India. This study used annual reports of selected pharmaceutical companies for the years 2014-15 to 2017-18. The study analyzed the Correlations matrix using SPSS 20 version software. In addition to checking the hypothesis of this study and checking whether there was a relationship between the variables. The hypothesis that was formulated and one way ANOVA test was done. The result shows that the there is a significant positive relationship between corporate social responsibility and Financial variables PAT and EPS in selected pharmaceutical companies in India.

Keywords

CSR, Pharmaceutical Sector, PAT, EPS, ANOVA, SPSS, ROCE, ROA

 

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Citation

A Study of the Government of India Related to Corporate Social Responsibility and Assessment of Financial Performance of Pharmaceutical Companies after CSR. Mahesh Kumar. 2023. IJIRCT, Volume 9, Issue 2. Pages 1-14. https://www.ijirct.org/viewPaper.php?paperId=2303008

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